Huifa Zen Gold:7.31Early Review of Gold and Crude Oil Today's Operational Layout

Huifa Zen Gold:htyt8888goldMessage surface analysis

Economic Expansion in the Second Quarter of the United States2.6%, with a growth rate lower than market expectations2.7%. Although there has been a significant acceleration compared to the previous quarter, investors are turning their attention to the downward adjustment in growth rate in the first quarter and the second quarterGDPThe data fell short of expectations and there was a sharp slowdown in price growth.
　　
Even if personal consumption or the United States7The upward revision of the University of Michigan Consumer Confidence Index did not help the US dollar. We anticipate that,foreign exchangeThe market will have another busy week next week.
　　
This week, the Federal Reserve's monetary statement led to a decline in the US dollar exchange rate. Although the Federal Reserve has indeed done what the market expects, it is not enough. The Federal Reserve maintains interest rates unchanged, acknowledges a decline in inflation, and begins to normalize the balance sheet "relatively quickly" in order to9Prepare for monthly reduction of asset purchases. These wording changes are expected, but investors want more information.
　　
The problem is that people are becoming increasingly skeptical about the Federal Reserve raising interest rates again this year. federal funds futuresIndicating that the Federal Reserve is12The probability of a monthly interest rate hike is only40.8%. Consumer demand, inflation, and wage growth are all showing weakness, and if Friday's non farm report performs poorly, the US dollar will lose all hope. Despite mixed economic data, Federal Reserve officials have been emphasizing the necessity of additional normalization; Although the market wants to believe them, it still needs a clear positive data.


In terms of gold: On the weekly chart, gold is charged with a strong bullish candlestick, with three consecutive bullish candlesticks, and bulls making a strong comeback; On a daily basis, the early pullback of the golden week tested a peak of support in the early stages. The market continued to rise after receiving support from Wednesday, and on Thursday, the bullish strength eased while the bearish momentum was released; The good times are not long, and Friday's market was stimulated by data. Bull prices surged, hitting the upper limit1270Later obstructed. At present, the market is slightly declining. The overall trend is still bullish, but for the future trend of gold, I think the upward space is limited. Preliminary predictions indicate that the gold price will1280Stop and fall nearby.
　　
　　4Looking at the hourly chart, when gold prices rise to each stage, there will inevitably be a decline. I also believe that this time is no exception. If we are short selling, we should wait for a rebound before making any further moves; In addition, for Monday's trend, it is expected to first experience a pullback and then an upward trend. Therefore, after the pullback and volatility, gold will go long. Before the upward trend ends, short-term gold will continue to fluctuate and rebound, presenting an overall ladder upward pattern. After each rebound, it will recover from high volatility. Short term gold has already broken through on Friday1270And it closed with a strong and volatile high position. On Monday, gold continued to be bullish overall,Short term support below attention1263-1265Interval support, further supporting attention1262Position, build long positions in batches, continue to look1277Near.
　　

Huifa Zen Gold:htyt8888

Operational strategy

Suggest callback1263-1265Multiple orders can be entered in batches within the interval, with stop loss at1258Attachment, see the profit target1277-1280Location; For now, let's not consider the radical approach to empty orders


  crude oilLast week, the trend was also constantly positive, with oil prices steadily rising. Since the end of last Monday's meeting in St. Petersburg, Russia, crude oil has skyrocketed like a stimulant. Firstly, this meeting has implemented restrictions on Nigerian oilThe action of output reduction and calling on some member countries to strengthen the implementation of production reduction is aimed at helping to eliminate excess international crude oil inventories to support oil prices. Secondly, it isAPIas well asEIACrude oil inventories have plummeted, and oil prices are waiting for an opportunity to rise. Finally, the sustained decline of the US index has boosted oil prices. As for the trend of oil prices this week, the market has seen many headlines. Under the stimulation of various positive factors last week, oil prices have almost all ended with a physical bullish candlestick (Wednesday)EIAExcept for stimulating the market, long positions are strong enough. If this good momentum can be maintained, there will be further reasons for oil prices to rise, and the upper limit may touch50dollarGateway and even52USD.

    Last week, crude oil rebounded to8The weekly high completely broke free from the previous downward trend. Currently, the bulls are relatively strong. From a weekly perspective, the fundamentals of crude oil continued to be bullish last week, and the weekly trend closed2017The largest bullish candlestick of the year, with strong bullish forces, broke the suppression of the previous downward trend line, and is expected to reach a new high in the future; Looking at the daily chart, last week's crude oil was five consecutive bullish days, and the moving average system showed a bullish pattern, with the Bollinger Bands opening upwards,KThe line has broken through the Bollinger Bands and is moving upwards. Last week, crude oil continued to rise and continuously hit new highs above, with no significant pullback in the middle. The upward trend is very obvious, and the highest point of crude oil reached at the end of the week49.80Starting from the front line, there will be a slight decline and correction. from4Looking at the hourly chart, the bullish trend of crude oil continuing to fluctuate and rise remains unchanged. The Bollinger Bands are beginning to shrink, and the price is on the upper track of the Bollinger Bands, indicating thatRSIThe indicator is at a high level,StochThe indicator is at a high golden cross, and there is a demand to continue to rise in the short term. Please pay attention below49.00Frontline support, breakthrough from above50After the US dollar, we can continue to look upwards. In the long run,The strong pressure level above is located5Monthly high point52.00First line. This week's operations are mainly focused on dips and dips, supplemented by short positions.

Huifa Zen Gold:htyt8888

Operational strategy

1、Callback49.20Long on the front line, stop loss48.80, Objective50.30；
2、Touching from above50.40Short on the front line, stop loss50.80, Objective49.40。
   This article is written by the Chief Analyst; Huifa Zen Gold (Weixin)htyt8888Teacher Huifa/Guidance buckle:405284495）Exclusive planning by the analyst team, please indicate the source when reprinting. The above content is for reference only. Investment carries risks and caution is required when entering the market. If the operation of setting and locking orders is not ideal, please communicate with the person in charge