Acquaintance is fate, knowing each other is fate. The author firmly believes that it is destiny to meet each other even though we are destined to meet each other thousands of miles apart. The road to investment is long, and temporary gains and losses are just the tip of the icebe

Acquaintance is fate, knowing each other is fate. The author firmly believes that it is destiny to meet each other even though we are destined to meet each other thousands of miles apart. The road to investment is long, and temporary gains and losses are just the tip of the iceberg. We must know that a wise man will lose something after a lot of worries, and a fool will gain something after a lot of worries. No matter how you feel, time will not stand still for you. Pick up the worries in your heart, stand up again and get ready to move forward. The fact that you can read this far at this time shows that you and I are destined. As long as you are willing to share your gains and losses with me, I will be happy to help you solve your problems and become your confidant on the investment journey. The stagnation of the heart makes you sit at the bottom of the well and look up to the sky and sigh. I am passing by, am I lucky enough to be traveling with you?

The latest gold market trend analysis

Gold started a downward wave trend in the early stage from the high of 2070. It once tested the low of 1786 and then returned to the high of 1878 and fell back. As a result, the 3-wave decline and the 4-wave adjustment have come to an end. It is currently entering the 5th wave stage of the main down wave. Since it is the main down wave, it must be lower with each wave. It's just that the current market has fallen into low fluctuations, with poor long and short continuity, and is in a wide range of ups and downs. The next day, the Asian market was still hovering around 1820, and the European market was under pressure from 1820 and moved down to 1812. This position is the support point of the short-term upward trend from 1786 to 1805. The article clearly stated the importance of this position in the morning of the next day, and Give the strategy for placing long orders at this position. Sure enough, gold dropped to 1812 and ushered in a strong rebound. It once broke through the 1820 mark and reached a high of 1833 during the US trading session. unilaterally increased by more than 420 US dollars. The 1812 long order successfully attacked the intraday low and rebounded. During the U.S. trading session, Powell's testimony clarified 's determination and stance on raising interest rates . U.S. stocks soared at the opening, and the U.S. index rose strongly, causing gold to rise and fall back to its original point. It was still a V-shaped reversal roller coaster all day long. market, but our US market perfectly sniped the high point and fell back at the high point of 1833, and successfully harvested a big drop, and perfectly grasped the high and low points during the day.

Although it experienced big ups and downs the next day, the doji finally ended up below 1820, and the downward shock pattern remained unchanged. After all, it shot high and then fell back, which means that the high-level short pressure is extremely strong, and the lows are slowly moving downwards. The daily MA5-MA10 moving average crosses downwards, the Bollinger lower track slowly opens downward, and the overall pattern is bearish. In addition, today's monthly line has ended. Judging from the current monthly line, its trend is completely consistent with expectations. At the beginning of June, I made it clear that I was bearish this month and would fall back after rising. Coupled with the calculation of the daily wave theory, it will be a 5-wave decline stage at present, so the operation should be based on rebound shorts. Now the bottom will first focus on 1815, which will support overnight at midnight, and then the 1812 upward trend support point. After the rebound, the pressure is around 1825, but the focus is still around 1832.

| 6.30 gold strategy: 1--Short near 1825, stop loss 1832, target 1819-1815

2--long near 1812, stop loss 1807, target 1820-1825

Latest crude oil market analysis:

Technical analysis of crude oil: Crude oil reached high yesterday It fell back and closed overcast. The daily line hit the mid-track pressure after three consecutive positive rebounds. fell back and closed at a low level in late trading, with the highest at 113.98 and the lowest at 109.60. There was a slight continuation in early trading today. The daily line rebounded along with the B wave and just touched the middle track of Bollinger Bands. It is also the resistance point mentioned yesterday. Touching the mid-track high may create a B-wave rebound high. After the daily line turned negative, it initially came under pressure. Yesterday's short order in the 113.30-113.50 area also gained some results. With the daily line under pressure, if it cannot regain the high of 113.98 today, it may continue to fall in the short term. After the previous chronic rebound in the 4-hour chart, it turned high and fell back yesterday, directly breaking through the middle track of the 4-hour chart and closing below it. The middle track of the 4-hour chart was the critical point of the previous upward channel, and it closed lower after breaking through in the short-term. Today, the short-term trend is to go down first, and the first target is near the lower track of 107.0. Therefore, the short-term trend during the day is short-term first, and the critical point is at the high point of the Yin K line of 112.20. In summary, Chen Zeqiang’s suggestion for today’s crude oil operation is to rebound high from high altitudes, supplemented by falling back to lows, and focus on 111.3-111.8 in the short term at the top. First-line resistance, the short-term focus below is the first-line support of 108.0-107.5.

This article is exclusively original by analyst Chen Zeqiang. I have always been keen on the gold and crude oil markets. Due to the delay in network push, the above content is a personal suggestion. Due to the timeliness of online publishing, it is for reference only and is at your own risk. Please indicate the source when reprinting.