Yu Yue on Jin:6.24Analysis of the European Market Trend of Gold and Crude Oil and the Latest Deregulation Operations...

　　goldLatest market analysis:



Analysis of Gold News: Friday(6month24day)In the early trading session of the Asian market, the US dollar index continued to rise and is currently trading in104.50Nearby, Federal Reserve Chairman Powell firmly held a hawkish stance on Thursday, which encouraged dollar bulls and put pressure on gold prices to decline. Spot gold tumbled more than15USD, gold prices continued to decline in the early trading session of the Asian market on Friday, and currently trading in1824dollar/Around ounces. Overnight, due to Federal Reserve Chairman Powell's double emphasis on tightening policies to curb inflation, the US dollar regained momentum, and European bank officials strengthened their expectations for interest rate hikes. The rebound in US stocks also put some pressure on gold prices. However, the poor performance of economic data from European and American countries has caused lingering concerns about economic recession, and the decline in gold prices has also been subject to some restrictions. But currently, there is a downward trend in the future of gold prices1800The possibility of a pass.



Technical analysis of gold: gold reached a high on Thursday, then fell back and closed down, continuing the shock walk on Wednesday. With repeated sawing, it finally closed at a high end. Although it could not walk unilaterally in the short term, the daily line showed a shock downward trend, but the short-term line was slightly circuitous and slow, and the rhythm was dull.KIn terms of line structure, it is in a fluctuating downward trend, accompanied by repeated highs and lows in the short term, perhaps to accumulate momentum and lower. With the daily line closing down, it has been two consecutive trading days1845-1848The area is under pressure and has suffered setbacks. In the short term, steps may be constructed below this level, while the daily outlook is bearish.



Gold4hourKThe line shape is quite messy, combined with the previous day's washing method, with a single positive pull followed by a negative endingKThe line falls back and decreases,KThe linear structure forms a Yin Yang tug of war, and has not emerged from an extremely weak unilateral trend in the short term. However, as the rebound space and high point move downwards, the overall structure shows a fluctuating downward trend. There may be further downward trends in the future, while the daily line has always been operating below the downward trend line. This is also the reason why I have been persistently bearish this week, taking the opportunity to soar in the rebound. Look at the decline in momentum. The future market is still expected to decline to1800Below, the short line is only a matter of time. Currently, the hourly chart is1847At the critical point of constructing a staircase, after Powell stated in the early morning that the Federal Reserve's commitment to curb inflation was "unconditional," the roller coaster of gold prices rose and fell again, breaking through the bottom, and closing at1821Nearby the checkpoint, the stock closed high and fell back, with a hanging neck and a midline, once again showing a trend of suppressing volatile bearish positions. Today, the upward pressure is focused on yesterday's hour line top and bottom conversion level1835-37Nearby, short-term support below focuses on early stages4Hour Double Bottom1815-1813Nearby, the day is still suppressing bearish oscillations. Recently, the bullish and bearish amplitude of gold prices has intensified, and it is necessary to patiently wait for key positions to enter the market. In summary, it is recommended to focus on rebounding from high altitude in the operation of gold today, supplemented by stepping back and becoming long. The above focus should be on1840-1845Frontline resistance, short-term focus below1815-1810Frontline support.



　　crude oilLatest market analysis:



Technical analysis of crude oil: Crude oil did not have much room to move yesterday. After the previous decline in volume, yesterday's small negative crossKHorizontal consolidation and correction of the line, in response to the downward trend in volume at the beginning of the week, the daily yield is a cross starKLine. The daily line is still in a wide range of fluctuations, with previous highs experiencing a drop and pressure at the previous highs. But the lower neckline did not fall, and the short line entered a high level of sawing and oscillation.



Crude oil4Due to the fact that the moving average indicator has not yet fully turned to form a unilateral downward trend, it is reasonable for the hourly chart to pause yesterday. In the midst of fluctuations, it has been gathering momentum to pull the indicator's turn. Today's weekly closing work, the structure is still in a downward step. However, due to the lack of unilateral indicators, short-term continuity is a problem, and it cannot be ruled out that it will be accompanied by a rebound correction followed by a downward pressure, thereby pulling the indicators downward. And when it comes to the short-term rhythm, it's a choppy tug of war. The overall price is102-101There is a form of support stabilization near the checkpoint, but the short-term technical rebound still faces layers of resistance, and the early hourly line opened a downward trend106.8-107.0This will constitute the boundary line for today's weak bearish suppression. Today, when it hits this position, it still needs to be empty again to see a decline. In summary, after continuous decline in crude oil, it is recommended to mainly rebound and layout short orders in crude oil operations today, with more underperformance as a supplement, and short-term attention from above107.0-107.5Frontline resistance, short-term focus below102.3-101.8Frontline support.