Huifa Zen Gold:5.10Late reviewEIATonight Comes, Can Gold and Crude Oil Take Advantage to Rise? Attached Analysis Layout

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Introduction: Shakyamuni Buddha once said, "No matter who you meet, he is the person who should appear in your life, not by chance. He will definitely teach you something. So Hui Fa Chan Jin also believes: "No matter where I go, that's where I should go, experiencing things I should experience, and meeting people I should meet." Everyone reading this article, thank you for meeting you!

  5.10goldMessage interpretation:


  After the French election, the Federal Reserve(FED)Monday(5month8day)Data shows that the United States4Monthly Employment Market Condition Index(LMCI)Recorded+3.5Much higher than expected+1.0, previous value from+0.4Revised to+3.6. After the data was released, gold rose in the short term, but the good times did not last long and it once again rose and fell. The Employment Market Condition Index reveals the Federal Reserve's interpretation of employment conditions, which is crucial for the market to understand the Fed's attitude towards the job market. The Federal Reserve has alsoIt has been repeatedly stated that the index reflects the labor market situation more accurately than non agricultural data. Under strong expectations of interest rate hikes, international gold may further decline to1180-1200dollar/Ounces, therefore the next trend of gold is not optimistic.However, looking at the market, there seems to be not much positive news, but there are still some uncertain factors. Currently, the most important concern is still North Korea. Of course, gold will not cause too much turmoil until the US North Korea relationship deteriorates completely.


  Hui Fa Chan Jin's personal viewpoint:


  This week, there was a lack of significant risk events affecting the spot gold market, and the long short "tug of war" continued to unfold. I believe this situation cannot be ruled out until6Before the Federal Reserve's decision in January, if there are no unexpected events during this period. It is worth mentioning that gold1300Plummet to1220Nearby, there is currently a heated discussion in the market about the "bottoming theory" of gold, and it is questionable how much reliability there is. Although there is a lot of room above, it is recommended that investors do not rush to copy the bottom at present. The mid to long term layout of our team is about to start, and we can pay more attention at that time. The current price of gold is likely to have already priced in the impact of interest rate hikes. However, if you choose to enter the current market to "buy at the bottom", it will undoubtedly become a "catcher" in the gold market. I believe that there are no fundamental conditions to support a significant rebound in gold, which is the geopolitical situation mentioned earlier. As long as it does not deteriorate, gold will not have too much reaction. At the same time, the technical aspect of gold has also deteriorated, and there is no clear sign of stabilizing the decline. I believe that the repeated consolidation of the gold market may occur in the short term, and short selling during high periods may be an excellent choice for current operations.


  5.10Gold trend analysis and operational suggestions:


  1、Bounce to1227Short selling near the front line, stop loss1230, Objective1217；


  2、Callback1217Still doing one more stop loss1213target1225nearby


  Investment（crude oilFor friends who are interested but unable to get started or who are already in contact but not ideal, Baidu Fu Guoyang can provide more real-time investment information, market trend analysis, and trading strategy guidance.

  5.10Interpretation of crude oil news：


  After the French election, the focus of the market has shifted back to economic growth and monetary policy, and market risk sentiment has erupted. This has helped the US dollar strengthen overall, putting pressure on oil prices. The high level of gasoline inventory in the United States has exacerbated market concerns about the country's demand level, especially with US car retail sales recording a year-on-year decline for four consecutive months. On the other hand, both China's commodity imports and manufacturing data have shown weak performance, further increasing investors' concerns about the demand side in the market. Crude oil production in Libya and Nigeria may have started to rise, and these two countries have been exempted from production cutsOPECThe oil production of the oil producing country last month was205Ten thousand barrels, compared to last year10The moon has fallen by more than10Ten thousand barrels, but this situation may reverse this month. Within two days, Libya and Nigeria have respectively announced production increases76Ten thousand barrels and200Ten thousand barrels, further increase in production by the two countries will undermine hopes of the global oil market returning to equilibrium.


  Hui Fa Chan Jin's personal viewpoint:


  Yesterday,WTICrude oil has fallen below again46dollar/Bucket, it's not easy to lean onOPECThe oil price, supported by the discussion of extending the production reduction agreement, has once again returned to a weak position. Behind the sharp decline in crude oil, it is capital that has begun to realize that even ifOCausing a surge in short selling of crude oil in the past two weeks. However, little did they know that this "unusual" drop in oil prices was actuallyPECpast times6The production reduction agreement was effectively fulfilled last month, but it did not change the global pattern of high crude oil inventory. To investigate the reason,OPECThe production reduction agreement cannot prevent countries such as the United States, Iraq, and Libya from continuously increasing crude oil production and seizing market share, which directly shortens the calculations of potential investors. Crude oil is greatly affected by the news, and I believe you have also seen the recent sharp rise and fall of crude oil. If you cannot accurately control the news, it is recommended not to enter the market easily. I will interpret the news and technical aspects in real time.


  5.10Analysis of crude oil trend and operational suggestions:


  rebound46.8Close in, stop loss47.3, Objective46-45.8


  The article has a time limit and is for reference only. Real time entry points and friends who set orders can contact me on a single line. If your entry points are different, I can provide corresponding entry points and unlocking strategies.

  Investor message:


  todayEIAData, if you want to make money from data and have unfinished orders, I think you can come to me. Adding an analyst friend is not a bad thing for you. On the contrary, I can teach you many things on your investment path and hope that we can work together for a win-win situation.
Exclusive article by Huifa Zen Gold, with some news excerpts from the internet. It is not easy to write the article. If there is any reprint, please indicate the source. Warm reminder: Investment is risky, and operation should be cautious.
　　
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