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6.19 How to get rid of long positions in gold plunge, the latest exclusive operation suggestions for today's crude oil market
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Hello everyone, today XM Foreign Exchange will bring you "[XM Foreign Exchange Decision Analysis]: How to get rid of long positions in the 6.19 gold plunges, and the latest exclusive operation suggestions for today's crude oil market." 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.
The latest gold market trend analysis:
Gold news analysis: At 20:30 pm on Wednesday (June 18), Beijing time, the U.S. Department of Labor released the latest weekly initial unemployment claims data, showing that as of the week ending June 14, the number of initial unemployment claims fell by 5,000 to 245,000, which was 245,000, and the previous value was 248,000. Meanwhile, the number of people who renewed unemployment benefits fell by 6,000 to 1.945 million from the previous week, slightly higher than the expected 1.932 million, and the four-week average rose to 245,500. These data suggest that the U.S. labor market continued a moderate slowdown in June, although layoffs remained at historical lows.
Recently, as the market increasingly accepts the possibility that the Federal Reserve will continue to cut interest rates in 2025, it is difficult for the US dollar to attract strong buying, thereby providing support for interest-free asset gold. On the other hand,The attack on Iran's state television triggered a strong reaction from Iran, claiming that it would carry out "the largest missile attack in history." In fundamentals, although the geopolitical situation has eased, the market has not cut interest rates this week's Fed's resolution to keep interest rates unchanged, which has weakened the bullish momentum and made its profit-taking fall back. However, in terms of prospects, the market also has bullish factors, so in the future, it will only fluctuate and adjust and strengthen again afterwards. Although the slight rebound of the US dollar has restricted the rise in gold prices, the Fed's dovish tendency and the deterioration of the situation in the Middle East constitute a "dual engine" for gold bulls. The focus is on policy statements and the guidance of Powell's press conference. If clues are further confirmed that interest rate cuts will begin in September will be released, it will be expected to suppress the US dollar and boost gold prices.
Gold technical analysis: After gold rose sharply to 3450 this week, it gradually fell slowly to 3365, with a strength of US$100. Although the main strength of the first two trading days was a decline, the bull trend remained unchanged. In an uncertain environment, there is still a chance of a big rise in the future. So this week's thinking continues to keep short and short. On Wednesday and Thursday, we will pay attention to whether the bulls have continuity. From a technical perspective, gold has opportunities for both bulls and bears. The strength of the daily line cycle is based on the development of not destroying the moving average system during the unilateral rise. The 5-10-day moving average support is still clear. The 3365 and 3350 support below are all strong support points, but the daily line cycle has not opened, so it is not very strong for the time being, and it also takes time to rise. Pay attention to the two points 3430 and 3450 above. Of course, if you break the high point at 3450, you can still see the previous high of 3500.
The range performance in the 4-hour chart is obvious. On Tuesday, it fell sharply to 3365, which is exactly the support point of the Bollinger's lower track. The temporary weak oscillation is below the middle track of the H4 Bollinger. The range in the short term is 3405-3360. If it breaks upwards by 3405, then if it becomes stronger in the 4-hour chart, 3450 can be seen above, and this possibility is extremely high, because the market will show performance news at any time, but if it falls below 3365, this wave is still likely to go to 3350 in the daily cycle. Therefore, there is actually no absolute certainty in this cycle of gold. For the intraday market, it is recommended to accumulate short-term. Without setting a new low, 3360 support is an opportunity to go long. If you don’t break 3405 above, you can see through the short-term level 3405 before you can get out of the trend. Overall, in terms of today's short-term gold operation ideas, He Bosheng recommends that rebound short sellers should be the main focus, and the retracement should be the low-shorts should be the auxiliary. The short-term focus should be on the 3395-3405 line resistance, and the short-term focus should be on the 3360-3350 line support.
The latest market trend analysis of crude oil:
Crude oil news analysis: Crude oil prices have stabilized after a sharp rise on Tuesday, and the market has maintained high attention to the escalation of potential conflicts in the Middle East. Brent crude oil rose 4.4%, breaking through $76 a barrel at one point, while West Texas Intermediate (WTI) also approached $75. US President Trump posted on social media asking Iran to "unconditional vote"Reduce” and threaten to crack down on Iran’s top leader. According to market research, Iran’s crude oil export infrastructure has not yet been directly hit, and most of the impact is still concentrated in shipping. However, the analysis pointed out that once the conflict spreads to the entire region, oil prices may rise further sharply. The current rise in crude oil prices is not dominated by actual supply and demand, but is highly affected by geopolitical influence. Market sentiment is very susceptible to disturbances from external events. As the global energy artery, its stability poses a strong support for oil prices. As a time when geopolitical uncertainty in geopolitical situation is intensified, pay attention to the official US inventory data and diplomatic process development.
Crude oil technical analysis: From the daily chart level, crude oil prices break through the upper resistance of the range, test 75 .50 new high. The moving average system is arranged long and the medium-term objective trend is on the upward direction. The current trend is in the upward rhythm of the main trend, and the MACD index fast and slow line coincides with the long pillar above the zero axis, indicating that the bull momentum is full at the moment, and it is expected that the medium-term trend is expected to usher in a wave of upward rhythm. The short-term (1H) trend of crude oil has slightly higher and then tested forward high point again. The moving average system is arranged long and the short-term objective trend is upward. It is necessary to pay attention to the upward trend in the current range. In terms of momentum, the MACD index is near the zero axis, and the bull momentum has the advantage. It is expected that the intraday crude oil trend will rise first to test the high of 75.30, and the probability of random hand resistance falling is relatively high. Overall, in terms of crude oil operation ideas today, He Bosheng recommends that the return to the low long, rebound high altitude as the supplement, and the upper short-term Pay attention to the resistance of 77.0-78.0, and pay attention to the support of 73.5-72.5 in the short term 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, what kind of varieties to invest in, what platform to choose, how much funds 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 has doubled several times in one year, lost half of them 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 customers in me. I guarantee too much, and what I get is a thousand miles apart. The trust between people is like this. Slowly losing, what I want to do is not a one-time transaction, but I hope for a good relationship that lasts for a long time and win-win. He Bosheng helps you establish your own investment ideas so that you can go on for a long time, create brilliance and win-win cooperation.
This article is exclusively planned by He Bosheng, a gold crude oil analyst. Due to the delay in online push, the above content is personal suggestions. Because the online posting is timely, the suggestions in the article are for learning reference only, and the risks of operation are borne by yourself. 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 brings risks, reminding everyone to identify the authoritative platform, the teacher of strength, the safety of funds is the first, and secondly consider the operational risks, and finally how to make a profit!
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