Dingsheng Jinshi:6.24Today's gold trend analysis, what does Powell's testimony have on gold...

——In the evening, Powell's testimony opened twice,goldWide range oscillation or continuation——

Thursday(6month23day)During the off market period, gold rose in the short term and reached its highest point1845.91dollar/Ounces, currently trading in1840dollar/Around ounces.

What impact does Powell's testimony in the evening have on gold? Powell stated that the Federal Reserve will continue to raise interest rates to curb inflation and needs to be flexible in responding to the latest data and constantly changing circumstances. When asked about interest rate hikes100When it comes to the possibility of a basis point increase, Powell said he will never rule out any magnitude of interest rate hikes. Tonight, Powell will attend the congressional testimony in the House of Representatives. Dingsheng Financial Analyst predicts that Powell's attitude towards future interest rate hikes tonight will not differ much from Wednesday, and the probability of gold rising and falling back will increase.

Technical analysis of gold:

Yesterday's low rebound of gold did not change the volatility, and the daily line followed a downward trend to recover and close positive. The overall operation is still within the range, with no obvious signs of unilateral breakthroughs. In the short term, it will still fall into a repeated tug of war, but temporarily in a downward trend of consolidation and correction. In terms of technical structure, the daily line is still fluctuating and slightly downward, but the short term is circuitous and repetitive.4Looking online, the outlook for gold prices is neutral and bearish. The moving average slightly declined,100Periodic moving averages and200Periodic moving average from6Since mid month, it has tended to converge, which is a sign of a lack of directional power, but still suggests that bears are leading the trend. At the same time, technical indicators are sawing up and down the midline and are currently moving downwards, but it has not been confirmed that there will be a new wave of decline in gold prices. Lack of clear trends. Overall, in terms of gold's operating strategy today, Dingsheng Jinshi suggests a rebound at high altitudes as the main focus, with a correction at low altitudes as a supplement.

Golden Night Operation Strategy:

Multi order strategy: Below1832-1830Long, stop loss1823, Objective1842Nearby; If the unexpected retreat is too large, retreat below1823-23First line light position short and long, stop loss1820, Objective1833-35frontline

Short selling strategy: Upward rebound1840-1842Nearby light positions with short positions, stop loss1845, Objective1830-28frontline;

　　6.24crude oilMarket trend analysis:

US crude oil fluctuated and retreated within the day102.3After the first line, there was a rebound from the decline, and the pressure was measured before the European market105There has been some obstruction, but currently it is rebounding again to the high point106Nearby, looking back at the overall trend of the day, although it did not exceed the expected range of judgment, the pace of the trend was relatively strong, and there was no new low point below, which still exceeded the expected range. Stay tuned above Meiyou in the evening107.5-107Main pressure, follow below102.5-101.7The support zone is characterized by a short-term low to high altitude approach within this range, while conservatives choose to wait and seeEIAFurther strategic adjustments will be made based on the crude oil inventory data.

Wen/Ding Sheng Jin Shi, Contributor, Interpreting World Economic Highlights by Myself,Analyzing the Global Investment Trends,Has in-depth research on commodities such as crude oil, gold, silver, etc,Technical Director Dingsheng Jinshi provides online one-on-one real-time guidance due to network push latency,The above content is personal suggestion,Due to the timeliness of online publications,For reference only,At one's own risk,Please indicate the source for reprinting.!