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5.15 Can gold crude oil plummet bottom and rebound latest market trend analysis and today's operation suggestions
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Hello everyone, today XM Foreign Exchange will bring you "[XM Foreign Exchange Official Website]: Analysis of the latest market trends and today's operation suggestions if the 5.15 gold and crude oil plummets can bottom out and rebound." Hope it will be helpful to you! The original content is as follows:
The recent market rises and falls, and the frequent long-short conversions are frequent. Many investment friends are caught off guard, or don’t know where to start. They fall as soon as they buy, rise when they exit, and return consecutive losses. In fact, this is a situation that many novices will encounter. Let me tell you here that first of all, don’t operate frequently when doing trading, and secondly, you need to have a precise control of the market and stick to your own trading system. Of course, these are empty talk for some novices. After all, there is no strict trading plan to enter the market. Most of them are chasing up and selling down, which leads to serious losses. If you see the article at this moment, you can consult yourself to eouu.cnmunicate and help you point out all the problems in making orders, so that you can avoid detours in the process of trading.
Analysis of the latest gold market trend:
Analysis of gold news: On Wednesday (May 14), the spot gold market showed a volatile downward trend. Despite the weak performance of the US dollar index and the market's expectations for the Fed's interest rate cuts have heated up, gold prices remain under pressure and failed to continue Tuesday's rebound momentum. There is a lack of top economic data released this day, with the market focus on the decline of risk aversion sentiment caused by Trump's recent tariff remarks and the latest developments in the geopolitical situation, such as the potential negotiation progress in the situation in Russia and Ukraine. Looking ahead, the spot gold market may continue to be affected by the tug-of-war of multiple factors. The upcoming U.S. Producer Price Index (PPI) data on Thursday will provide new clues to the market. If the PPI data further confirms that inflationary pressures slow down, expectations of interest rate cuts may continue to heat up, which will provide potential support for gold prices. However, tariffsAny unexpected progress in the situation in Russia and Ukraine could quickly change market sentiment and reignite the demand for risk aversion.
Gold technical analysis: As the trade tensions between China and the United States ease, market concerns about global recession eased, investors' risk appetite increased, and gold as a safe-haven asset declined. Gold prices fell accordingly on Wednesday. Gold fell rapidly in the early Wednesday, and then rebounded slightly, and continued to move on the sideways trend. After the US session, it fell below the previous low of 3200 and continued to decline. From the perspective of the daily line level of the gold K, the big negative of the daily K breaks through the Bollinger lower track. At present, all the pressure on the gold market has eouu.cne out, and the highs are constantly moving downward, and the MACD green momentum column has increased. The indicator further downwards, showing a stronger bearish signal. But note that the RSI indicator is currently 42.99, gradually entering the oversold area. There is a demand for repair in the short term. Then, you can set up short positions after rebounding. Do not chase short positions at the moment. At the 4-hour level of gold, the short positions are arranged with the MACD dead cross downward, and the short positions are still there. After the sharp drop, the gold price will extend downward. In the short term, we will pay attention to the support area of 3160-3165 in the short term, and in the short term, we will pay attention to the pressure level of the top and bottom conversion of 3200 in the short term. In terms of specific operations, we recommend short selling at 3195-3200, with the targets 3185 and 3175 respectively; in terms of today's short term operation ideas, He Bosheng recommends that rebound short selling be the main focus, and fall back to the low long as the auxiliary focus, the short term focus on the resistance of 3200-3210 in the short term, and the short term focus on the support of 3170-3160 in the short term.
The latest trend analysis of crude oil:
Crude oil news analysis: In the early trading of the Asian market on Wednesday, international oil prices approached a two-week high, benefiting from the joint role of the major Asian countries and the United States in agreeing to lower tariffs on each other and the depreciation of the US dollar. Brent crude oil futures fell slightly by 0.15% to $66.53 per barrel; WTI crude oil futures fell by 0.11% to $63.60. The two benchmark oil prices rose more than 2.5% in the previous trading day, up close to $1.60. The current rebound in the oil market has been affected by the eouu.cnbined effects of multiple positive factors: ease of trade tensions, weakening of the dollar, falling fuel inventories and geopolitical progress. However, the sustainability of this upward momentum still needs to be observed, including confirmation of official inventory data, the development of the situation in the Middle East, and further changes in the US policy toward Iran, Russia and other countries will all become important variables in short-term oil price fluctuations.
Crude oil technical analysis: From the daily chart level, the medium-term trend moving average system suppresses the rebound of oil prices, and the medium-term objective trend direction is downward. After the oil price hits the low point of 55.20, the frequent alternation of bulls and bears formed. From the perspective of the pattern, the prototype of the falling flag-shaped relay appears. Pay attention to the strength of the oil price testing the upper edge of the flag. It is expected that after the medium-term trend fluctuates, it will still fall to the 50 position. The short-term (1H) trend of crude oil started to rise again, and the oil price tested around 63. The moving average system is arranged long, and the short-term objective trend direction returns to the upward trend. Oil prices fell slightly in the early trading, forming a secondary rhythm, and it is expected that the crude oil trend will continue to rise slightly during the day. Overall, crude oil operates todayIn terms of thinking, He Bosheng suggested that the main focus should be on the back-retracement and the rebound should be high altitude as the auxiliary, and the short-term focus should be on the 63.5-64.0 line resistance above, and the short-term focus should be on the 61.0-60.5 line support below.
He Bosheng's message: Now is the era of the rise of the investment industry, and I believe investors are also confused. For example, among the questions of what kind of investment, what platform to choose, how much money to put, whether the funds are safe, whether they can make profits, etc., He Bosheng has seen too many customers' experiences in recent years, and one year has doubled, one has lost half of the money in one month, and so on. I won’t choose to change anything, nor can I change anything. This is the market. What I can do is to make myself work harder, insist on doing my own transactions, and deserve the trust of my customers and me. I guarantee you too much, and what I get is a thousand miles apart. The trust between people is gradually lost. What I want to do is not a one-time transaction, but I hope for a good relationship that will last forever. He Bosheng helps you establish your own investment ideas so that you can go on for the long term, create brilliance together and win-win cooperation.
This article is exclusively planned by Gold Crude Oil analyst He Bosheng. Due to the delay in online push, the above content is personal advice. Because the online publication is timely and the suggestions in the article are for learning reference only, and the risks of operating based on this are at your own risk. No matter whether the views and strategies of the article are consistent with everyone's opinions, you can eouu.cne to me to discuss and learn together! There is nothing difficult in the world, I am afraid of those who are interested. Investment itself carries risks, reminding everyone to identify the authoritative platform and the strong teacher. Fund safety is the first priority, secondly, consider operational risks, and finally how to make a profit.
The above content is all about "[XM Forex Official Website]: Analysis of the latest market trends and today's operation suggestions for gold and crude oil plummeting. It is carefully eouu.cnpiled and edited by the editor of XM Forex. I hope it will be helpful to your trading! Thanks for the support!
Due to the author's limited ability and time constraints, some content in the article still needs to be discussed and studied in depth. Therefore, in the future, the author will conduct extended research and discussion on the following issues:
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