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7.21 Analysis of the rise and fall trend of gold crude oil on Monday morning opening and the latest exclusive operation suggestions
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Hello everyone, today XM Foreign Exchange will bring you "[XM Foreign Exchange Market Analysis]: Analysis of the up and down trend of 7.21 gold crude oil on Monday morning opening market and the latest exclusive operation suggestions". Hope it will be helpful to you! The original content is as follows:
Same market, different guidance, different life. The characteristic of novices is that they do not understand technology and enter the market blindly. They only consider one issue each time they trade: they think that as long as they predict the market's rise and fall, they can make this transaction. This approach of focusing on direction and ignoring position has caused traders to fail. In fact, there is a big difference between the "momentum" and the "direction" that follow the trend, because the direction of the market's movement is in a volatile pattern, and the market trend is often global. What I can do here is to help you control your position reasonably, place orders using support and resistance levels, so that every order has reasonableness and traces to follow. The buying and selling points should not enter the market at will, please be responsible for your own funds. If you really can't grasp the market, you can eouu.cne to find me. There will be no loss for you if you have an extra analyst. Always remember one thing: professionals do professional things, and all practical things are only for profits, and cooperation is only for win-win results.
Analysis of the latest gold market trends:
Analysis of gold news: Last Friday (July 18), spot gold fluctuated and fell in a narrow range, and it is currently trading around $3,350.05 per ounce. Last Thursday, spot gold staged a thrilling "deep V" market. Under the double stimulus of US retail sales data in June that exceeded expectations by 0.6% and the number of initial unemployment claims fell to 221,000, the US dollar index soared to a monthly high of 98.95, instantly suppressing spot gold to an intraday low of $3,309.82 per ounce. But surprisingly, the gold price then rebounded strongly and finally closed at $3338.86, down only slightly by 0.25%. This kind of "fake fall"The market reveals deep contradictions in the current market - although economic data temporarily supports the strengthening of the US dollar, investors' concerns about inflation caused by tariffs are forming "invisible buying" of gold. The joint rise in US dollar and US Treasury yields did suppress gold prices, but strong takeovers emerged in every downward window. Behind this phenomenon is the secretly deployed funds. When the 10-year U.S. Treasury yield climbed to a month-high of 4.495%, gold refused to fall further, a divergence suggests that the market has serious differences over the direction of the Federal Reserve's policy.
Gold technical analysis: Gold continued to decline after opening last Friday, coupled with the negative impact of US unemployment gold data, further suppressing the bullish momentum. The US market hit the 3310 line at the lowest level, and the cumulative decline of more than US$30 throughout the day. But the key is that midnight gold rebounded again, forming a wide fluctuation pattern on Thursday, which was eouu.cnpletely in line with expectations. The 3310 bottom-buying strategy given intraday successfully captured large profits in the band. This trend once again verifies this week's core judgment: gold is at a high level dominated by bullish trends, and the practical value of this view continues to be highlighted. After clarifying the current dual attributes of "long trend + oscillating trend", trading on Friday needs to focus on the effective profit margin within the range. It is expected that the large range of 3375-3310 will be difficult to break within the day next week. The small range can be locked at 3355-3320. Before the range is broken, you can perform high selling and low buying operations.
The technical aspect shows that the daily line closes simultaneously with the 4-hour period Bollinger band. At this time, there is no need to worry about the direction and keep a close eye on the range boundaries to achieve effective trading. It is worth noting that the upward divergence characteristics of the 4-hour period moving average system are obvious, continuing the rebound momentum of midnight on Thursday. Gold still has room for upward next week, and the target above looks to the 3360-3365 area. The support for small cycles is clear: the line between 3330 and 3320 is not broken, which is both a good opportunity to do. During the US session, we need to focus on the breaking of the resistance levels of 3365 and 3375: If the pressure is not broken, it will be accompanied by the fallback space. You can try short-term. Overall, in terms of short-term operation ideas of gold on Monday, He Bosheng suggested that the main focus should be on the back-retracement and the rebound should be high-altitude supplemented. The short-term focus on the 3365-3375 line of resistance above, and the short-term focus on the 3330-3320 line of support below.
The latest trend analysis of crude oil:
Crude oil news analysis: International oil prices showed a high sideways consolidation trend during the US session last Friday (July 18). Supply concerns caused by the attack on oil fields in northern Iraq are checking and balanced with the demand doubts caused by the potential tariff policies of the United States. As of 11:15, Brent crude oil futures fell slightly by 0.15% to $69.44 per barrel, and WTI crude oil futures fell slightly by 0.12% to $67.46 per barrel. International oil prices continued to fluctuate at low levels, supported by the stable US economy and structural tensions in the crude oil market. As U.S. economic data showed resilience, eased the negative impact of Washington-led trade concerns, risk appetite rebounded, and global risk assets rebounded simultaneously, further boosting the outlook for crude oil demand. In the current macroAgainst the backdrop of the interweaving of economic and geopolitical situations, structural tensions in the oil market reflect real concerns about spot demand. Even if OPEC+ gradually relaxes production restrictions, the short-term supply and demand gap will still be difficult to bridge. If the US economy continues to remain resilient in the future and the price center inventory does not show substantial replenishment, international oil prices may rise further, and even trigger a chain reaction of intensified import inflation pressure.
Crude oil technical analysis: From the daily chart level, the medium-term trend fluctuates upward test around 78. The K-line closes to a large physical negative line, and has not yet destroyed the moving average system, and is still supported. The medium-term objective trend is unchanged. However, from the perspective of momentum, the MACD indicator crosses downward above the zero axis, indicating that the bulls' momentum is weakened, and it is expected that the medium-term trend of crude oil will fall into a high-level oscillation pattern. The short-term (1H) trend of crude oil fluctuated slightly upward. The moving average system gradually forms a bull arrangement, and the short-term objective trend direction is upward. In terms of kinetic energy, the MACD indicator opens upward above the zero axis, and the bulls perform sufficient kinetic energy. In terms of pattern, oil prices break through the neckline, and the head and shoulders bottom reversal pattern is established. It is expected that after the intraday crude oil trend returns to the neckline position, the probability of another upward rhythm is relatively high. Overall, in terms of crude oil's operational ideas on Monday, He Bosheng suggested that the main focus should be on the low-long retracement, and the rebound should be high-altitude supplemented. The short-term focus should be on the 68.0-69.0 line resistance at the top, and the short-term focus should be on the 64.0-63.0 line support at the bottom.
He Bosheng’s message: Tea can intoxicate people, and Buddha can save people. There is only one purpose for investment, that is, to make more money. In order to make the people around you live a better life, no one’s money is blown by the wind and picked up for free on the road. There is no shortage of teachers in this market. What is lacking is a conscientious teacher, a teacher who is responsible and considers problems from the perspective of customers. I will share honor and disgrace with you, advance and retreat together. Responsible teachers can enter your heart and know what you need, and you can get it right at a glance. My principles of being a person: To be honest, do conscience! My principles of making orders are. We will look at the point before we reach the point, and we will do it when we arrive! Customize different investment plans for different customers.
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 Foreign Exchange Market Analysis]: Analysis of the rising and falling trends of gold and crude oil on Monday morning opening market and the latest exclusive operation suggestions". It was carefully eouu.cnpiled and edited by the editor of XM Foreign Exchange. I hope it will be helpful to your trading! Thanks for the support!
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