Dingsheng Jinshi:7.28Today's gold trend analysis shows that the bullish market is once again thriving,...

　——9Will there be another interest rate hike this month, and the Federal Reserve will not provide forward-looking guidance. How can we face it calmly——


Thursday(7month28day)International gold prices hit a new high in two weeks1744.95dollar/Ounce, after Fed Chairman Powell's expectation of the future interest rate path was not as hawkish as people feared, it dragged down the yield of the US dollar and US treasury bond bonds. Looking at the Future Market of Gold Price1745-1752USD range.


US Index Refresh7month5Since the low point of the day106.054, making it priced in US dollarsgoldBecoming cheaper for other currency holders. The decline in US bond yields has reduced the opportunity cost of holding gold as a non interest bearing asset.


In response to soaring inflation, the Federal Reserve on Wednesday(7month27day)Second consecutive interest rate hike75Basis points. Chairman Powell stated that in the9It may be appropriate to raise interest rates again at the monthly policy meeting, but whether to do so will depend on upcoming economic data, and the Federal Reserve will not provide forward-looking guidance.


During most of the press conference, Powell attempted to ease market concerns about the economic recession, and it was clear that he had succeeded. Powell pointed out that if price stability is not achieved, the Federal Reserve will achieve nothing, which to some extent indicates that controlling inflation is more important than avoiding any other potential economic turbulence.


　　ED&F Man Capital MarketsanalystEdward MeirPowell's comments give the impression that the Federal Reserve may not continue to raise interest rates next year, which has weighed on the US dollar and US yields, causing panic buying in the gold market. Gold prices are expected to continue to rise in the short term and are likely to test next month1780-1800The resistance range of the US dollar


On this trading day, we still need to pay attention to the second quarter of the United StatesGDPData, changes in the number of US initial claims for unemployment benefits, speeches by US Treasury Secretary Yellen, and speeches by US President Biden, pay attention to the geopolitical situation and news related to the COVID-19 epidemic.


　　7.28Analysis of Gold Technology:


Daily level: similar to bottoming out with low volatility;MACDThe golden fork runs well,KDJThe gold fork is operating well, and the gold price is initially around1680Near the bottom,5Daily moving average10Daily moving average, short-term bias test7month8Daily high point1752.36Nearby resistance, Bollinger Line mid rail and last year12month15The daily low point resistance is all around this position. If it can break through this resistance, it will increase the short-term bullish signal and may accelerate the rise; Further resistance test reference1760Pass, and then7month6Resistance to daily highs1772.81Nearby. In addition,7month13Daily high point1745.29There are also some resistance nearby.


Before breaking the middle track of the Bolin Line, it is still necessary to be cautious of the possibility of gold prices returning to a downward trend, with preliminary support below5Daily moving average1727.53Nearby, then1720The integer level, if the support is missed, weakens the short-term bullish signal; Overnight low point support1711.38Nearby, then1700Integer level support.


——Operation suggestions——


① Gold can be stepped back in the day20Daily line1735-33There are many light warehouses nearby. If there is a significant step back, you can use the1730-28There are many nearby areas, and the stop loss is uniformly expanded to1725Frontline, target oriented1740Change to break even and stop loss nearby, or reduce a small portion of the position. The remaining orders can be viewed again1750Reduce positions nearby and retain some orders for future sprint pressure measurement1770-80Expectations.


② Temporarily not considering participation in empty orders during the day, above1740There will be competition, but there is a high probability that it will be broken through, and short-term pressure can be seen1750-52Compete, if empty, when quickly rebounding and encountering for the first time1756reach1765Regions can be short and aggressive1746reach1750Regional participation1758Losing is good


　　7.28todaycrude oilInterpretation of the latest market trend analysis:


Yesterday, crude oil rose first and then fell, and inertial exploration broke through first98.0Platform high point, highest touch99.0Under pressure in the region, the US market still fell and closed lower during the trading period, resulting in a small negative daily harvestKLine, forming a high sounding and falling back. The daily line is still in a downward trend, mainly due to the repeated support of the short-term neckline. Reflected in the short form, it is a back and forth sawing.4The hour chart impacted the upper track of the Bollinger Road and fell back under pressure, closing at the middle track. Today, there are signs of a drop in the lower track in the short term. Daily Harvest Small YinKLine, forming a surge and fall back. The daily line is still in a downward trend, mainly due to the repeated support of the short-term neckline. Reflected in the short form, it is a back and forth sawing.


Crude oil4The hour chart impacted the upper track of the Bollinger Road and fell back under pressure, closing at the middle track. Today, there are signs of a drop in the lower track in the short term. Although there was a rebound at the beginning of the week. but4The overall operation of the hour is still in the downward channel, but the fluctuation base is large, which makes the amplitude of the downward channel relatively large. Currently4Looking down at the lower track first, relying on99.0Create a new platform defense point, with the down track position still in place92.80-92.0.The position where there is a lot of space sticking together will also be accompanied by pulling back and forth in the short term. Overall, in terms of crude oil operations today, Dingsheng Jinshi suggests that the main focus should be on a long pullback, supplemented by a rebound in high altitude, with short-term attention from above100.7-101.2Frontline resistance, short-term focus below96.8-96.3Frontline support.


Serve as an analyst and commentator for well-known financial channels such as Sina Finance and Globalforeign exchange》Professional contributors to several well-known financial forums such as "Huitong Net" and "Zhongjin Net", specializing in short, medium, and long term operations of gold, crude oil, and silver. Investment is risky, and caution should be exercised when entering the market. Suggestions are for reference only; This article is original by Dingsheng Jinshi, who carefully writes every analysis and conveys valuable investment concepts. If there is any similarity, it is purely plagiarism. Readers should be discerning and respect originality!