Qin Zeran: Analysis of Next Week's Gold and Crude Oil Market, Latest Trend Analysis and Operational Suggestions...

Click on the avatar above to obtain Qin Zeran's contact information! (Mobile phone)APPView information, open my profile to view contact information)

Always stay on the front line of investment and maintain a scientific attitude towards the investment market! Refuse to be blind, refuse to be ambiguous - Hello everyone,I am Teacher Qin Zeran!

There are no unprofitable investments, only immature operational models and precise and unique market structure analysis. I amgoldSenior analyst Qin Zeran is proficient in the band trend operation of the gold market, daily high and low short-term operations, has years of in-depth research on the rhythm of the market, has a bold and unrestrained personality, and sharp and accurate trading techniques. Over the years of employment, I have diligently helped countless friends who have fallen into confusion in their investments to get out of the mud. If you have any difficulties, Zeran has clever solutions!

Next week's market analysis of gold:

Analysis of Gold News: Friday(8month5day)The international gold price remained stable at a record high set overnight7month5Recent highs1794.84Near the bottom of the US dollar, the rebound of the US dollar index slowed down the pace of gold price rise. But the worsening economic recession continues to support gold prices, and the long-awaited United States7The monthly non-agricultural data will be released later in the day. Analysts say that as the market continues to bet on peak inflation and economic recession, the performance of gold prices will depend more on the trend of the US dollar. If employment data is weak, it will support the upward momentum of gold, as this may lead to another decline in the US dollar as yields decline. In the coming trading days, gold should continue to move towards1900Moving towards the vicinity of the US dollar. " Several Federal Reserve officials have made more hawkish remarks this week, suggesting that the prospect of further tightening policy by the Federal Reserve may curb the willingness of bulls to bet heavily on gold. In addition, the recent stabilization of global stock markets may further limit the rise of safe haven asset gold. But investors are still concerned about an economic downturn and are constantly lowering the Federal Reserve's9The idea of a larger interest rate hike at the monthly meeting has put the US dollar bulls on the defensive recently and provided some support for non yielding gold. Federal Reserve official Mester stated that the risk of an economic recession in the United States has increased, and added that supply issues may persist for some time. She also added that at least this year2023In the first half of this year, US interest rates will continue to rise.

From a technical perspective, gold fluctuates and rises on a daily basis;MACDGolden fork,KDJThe high position diverged upwards again, and the short-term moving average was arranged in a bullish position, with gold prices initially breaking through5month16Daily high point1786.70Nearby resistance, the market tends to continue the upward trend in the future, and it is expected to further explore the Bollinger Line track1807.18Nearby resistance, further resistance in7month4Daily high point1714.16Nearby, if the resistance can be overcome, increase the bullish signal on the midline,6month29Resistance to daily highs1832.96Nearby. Considering that the current gold price is still affected by55The suppression of the daily moving average also requires caution against the possibility of bearish backlash, with initial support in1786.70Nearby, then1780Gateway,5The daily moving average is supported by1775.78Nearby, before losing the position, the market tends to be bullish in the future;10The daily moving average support is currently at1757.00Nearby, if it unexpectedly falls below that position, it will weaken the bullish signal in the future. On the hourly chart, if the gold price breaks through and stands up1800-1804The US dollar range is expected to further increase in the future1812-1814USD range; On the contrary, gold price material backtesting1774-1768Supported by the US dollar. On the daily chart, the price of gold varies from1754USD starts to risevWave trend, upward resistance looking towards61.8%Target bit1801USD and76.4%Target bit1813USD.vWaves are from1680The upward trend of the US dollar opening(i)The sub waves of the waves. In summary, Qin Zeran suggests that gold should focus on rebounding at high altitudes and correcting at low altitudes as a secondary strategy for next Monday's trading strategy, with a focus on the upper level1788-1793Frontline resistance, short-term focus below1763-1758Frontline support.

　　crude oilNext week's market analysis:

Analysis of crude oil news: Friday(8month5day)International oil prices rebounded, deviating from the previous trading day's record2The lowest level since the beginning of the month is due to supply shortage concerns limiting the pace of oil price decline,OPEC+More willing to retain buffering to cope with potential interruptions in the future. The signs of economic slowdown have limited the recovery of prices. The Bank of England raised interest rates overnight as scheduled50Basis points, creating1995The largest single interest rate hike since the beginning of the year. The Bank of England has warned that the economy will continue to be sluggish, exacerbating concerns about an economic recession. Due to market concerns about high inflation suppressing economic growth and demand, oil prices have been under pressure this week, but signs of tight supply have limited the pace of oil price decline.OPEC+The small increase in production highlights the limited ability of the market to cope with further supply shortages. The source said, "Yes,(9Monthly increase in production scale)Very small, but it indicatesOPEC+We are trying to gain consensus and move forward, as some oil producing countries, including Russia, are unwilling to increase production. Due to the possibility that Europe may not have natural gas this winter, and Russian oil sales prices may face an upper limit next year, we cannot currently put all production capacity into the market The analyst stated in a report, "Due to..."8Monthly idle production capacity is lower than20010000 barrels/Day, we believe thatOPEC+More willing to retain buffering to cope with potential interruptions in the future. People are increasingly concerned about demand being disrupted, and if the current trend continues, additional production will create unnecessary downward pressure on prices, while also unnecessarily depleting the decreasing reserve capacity

From a technical perspective, crude oil fluctuates and falls on a daily basis; The oil price continued to decline on Wednesday and Thursday, effectively breaking through93The key support on the front line has also initially fallen below90The integer level support has increased the bearish signal for the future market,MACDDead fork operation,KDJDead cross operation, oil prices face further downward risks in the future. Preliminary support reference2month18Daily low point87.46Nearby,1month27Daily low point support at86.20Nearby,85There is also some psychological support at the integer level, with strong support as a reference1month24Daily low point81.90Nearby. Given that2month18The daily low point currently provides some support for oil prices. In the short term, oil prices have a mild rebound, and there is also a possibility of low level fluctuations and adjustments, and there may even be some impact on oil prices93.00The possibility of frontline confirmation of step back and recovery93Before the checkpoint, the future market still leans towards a downward trend. In the short term,90The checkpoint has transformed into the initial resistance,5Daily moving average resistance91.15Nearby,8month1Daily low point92.40You can also pay some attention to the location,10Daily moving average resistance94.13Nearby, if oil prices unexpectedly recover from this position, it will increase the bullish signal for the future market. Overall, Qin Zeran suggests that the short-term operation strategy for crude oil next Monday should focus on rebounding at high altitudes, supplemented by a pullback at low altitudes, with a focus on short-term operations above92.7-93.2Frontline resistance, short-term focus below87.5-87.0Frontline support.

I believe everyone has seen too many analysts who show their profits in various markets, but Qin Zeran does not have magnificent profits. His strategy is publicly disclosed by friends every day, and the strategy is accurate and verified by the market situation. Keeping up is earning! No one earns every day, but someone earns every day. The difference lies in whether that person is you! There are many friends who have added Qin Zeran and are always skeptical about Qin Zeran's strategy. Is Teacher Qin's strategy accurate? Am I following or not? What should I do if I lose? I'll take a look again. Then the market came, others made a profit, and you lost. You always miss one opportunity after another in a skeptical wait and see, and then miss the next opportunity in a sigh of regret, so repeatedly that you lose the whole game. As an investor, we should remember our original intention of coming to this market and not let all our efforts go to waste. We should take cooperation and win-win as the starting point, cultivate and promote a healthy, harmonious and standardized trading philosophy, fundamentally eliminate non-performing trading models and order taking models, and truly achieve mutual benefit.

This article is originally contributed by Qin Zeran. I interpret world economic news, analyze global investment trends, and conduct in-depth research on commodities such as crude oil, gold, and silver. Due to the delay of network push, the above contents are personal suggestions. Since the network documents are timely, the suggestions are only for reference, and operational risk is borne by yourself! Reproduction and plagiarism without permission are strictly prohibited.