Introduction: Focus on gold and crude oil market analysis! In the financial market, predecessors always tell you the stories of risks, and later generations always laugh at the ignorance of predecessors. Originally, I always liked to advise others to learn more skills and suffer less harm. Later, I found out that I had never been beaten, how could I know the pain of being beaten? I have never eaten crabs, how could I know whether crabs are delicious? In everything, only experience will lead to pain. Only when hurt can I know the mark of the scar. Don’t persuade the road to go is difficult, it is harder than human nature. Only by suffering all kinds of hardships can you realize the suffering in suffering! A painful enlightenment is enlightenment. Just be the quiet pendulum clock in the years, quietly ferry, ferry away those who are not destined to be, and those who are destined to be!
Related information on precious metals:
Gold fell from its highest level in the past five months on Monday, falling nearly 2%. The US ISM non-manufacturing PMI rose to 56.5 in November, and the Federal Reserve still has a long way to go on the road to tightening the rate hike cycle. The market still believes that the Federal Reserve will not cut in 2023. The market believes that the Fed seems to be preparing to raise interest rates by twice, each time raising interest rates by 50 basis points to 5%, and maintain this level for a period of time. This is similar to what happened between June 2006 and September 2007, when the Federal Reserve completed a tightening cycle, keeping the interest rate at a high level. What followed was the collapse of risky assets caused by overheating of the housing market. Rate hikes have little to do with employment, so why should we emphasize it so much now? Obsessed with employment data could cause the Fed to push interest rates so high that a recession is inevitable. What is certain is that lenders are now more cautious than the years before the housing crisis in 2008, but as inflation increases beyond wage growth and housing prices soared due to the epidemic, the risk of a hard landing in the economy does exist, and the losses of risky assets will also intensify.
International gold trend analysis:
Gold opened slightly in the morning of yesterday's trading and opened at 1795.2 US dollars/ounce, and the market rose first. daily line gave a temporary high of 1810 US dollars/ounce. The market was subject to the daily level, regardless of the upper rail pressure and fundamentals . The market began a decline under the background of the expectation of the Federal Reserve's interest rate hike. After the daily line fell below the support of 1787, the market fell rapidly, and the lowest was given to 1765.5 US dollars/ounce. After the market was consolidated, the daily line finally closed at 1768.6 US dollars/ounce. The market closed with a large negative line with an upper shadow line with an extremely long shadow line. After this pattern ended, gold continued to fluctuate. The 4-hour chart is still on the rise, and the short-term intensified the oscillation. As the daily and 4-hour charts closed down continuously, the K-line pattern tends to fall first. It is not ruled out that the starting lows will be tested again. Pay attention to yesterday's lows first in the Asian session. If it breaks directly, it will continue to weakly decline in the short term. To sum up Zhang Shenyao's summary: There has been adjustments in gold's rise. Today's operations consider high-altitude and low-broad strategies. Focus on $1785-1790/oz above, and focus on $1747-1735/oz below.
Crude oil related information:
At the beginning of the Asian market on December 6 (Tuesday), US oil trading was around $77.43 per barrel, and oil prices fell more than 3% on Monday, following the decline in the U.S. stock market. Previously, strong U.S. service industry data sparked concerns that the Federal Reserve may continue its aggressive policy tightening path. In addition, Saudi lowered the official price of Arab light crude oil to Asia in January, which also dragged down oil prices. Overall, strong U.S. service industry data has raised concerns about the Federal Reserve's possible continued its aggressive policy tightening path. U.S. stocks fell, concerns about the recession increased, and Saudi Arabia lowered the official price of Arab light crude oil to Asia in January; oil prices were suppressed by many negative factors, and oil prices may still fluctuate downward in the short term. Pay attention to EIA monthly report and API data.
International crude oil trend analysis:
The crude oil market opened at $80.055/barrel yesterday, and the market rose first, and the daily line reached a high of $82.74/barrel. The market began a decline process, and the daily line was at a low of $76.816/barrel. The market was consolidated, and the daily line finally closed at $77.41/barrel. The market closed with a large negative line with a long upper shadow line. After this pattern ended, crude oil faced adjustment.The 4-hour chart double negative lines directly breaks the sustainability of this rebound trend. Usually the rebound has wave correction, divided into one wave and two waves, judging from yesterday's closing down and downward. In the adjustment of the first wave of rebound and the second wave, we will look for support in the future, and then there will be a three-wave rise. To sum up Zhang Shenyao, the crude oil is in the upward wave adjustment. Today's operation is considered to draw downward layout as long positions, with high altitude as auxiliary. Pay attention to the resistance of US$79.5-80.0 above, and the break is expected to rise. Pay attention to US$76.5-76.0/ounce below.
What should I do with gold investment and financial management ?
First: You must study patiently no matter what.
If you can learn the basic knowledge of gold investment well, then investors can avoid the failure of most investments now, especially some investors have entered the market by simply learning basic gold trading operations; there are so many ways to learn now, and if the reading method is not suitable for them, you can learn by watching videos. However, the most direct and effective way is to learn by investor through gold simulation trading and watching gold investment live broadcasts; if you are careless and have poor self-control, you should learn especially about the allocation of funds in gold investment. If you understand the principles, you will naturally get rid of the bad problems in investment and financial management.
Second: Develop good investment habits from the beginning.
If one thing persists for more than 21 days, it will become a habit. If novice investors develop the good habit of setting stop-profit and stop-loss, standardizing operations, reasonably allocating the proportion of funds, and timely recording investment profit and loss, then whether you are careless investors or those who are thoughtful, you can invest in gold; developing good habits is also the best way to avoid some risks in gold investment. After all, most investment risks is caused by investors' investment habits.
Third: If you are careless, invest less money from the beginning of trading.
When investors first start trading, taking a light position can make them feel more psychologically relaxed. Even when they encounter unfavorable investment, they can quickly restore confidence and start investing again; many careless people are also impulsive people, and the more funds they invest, the more likely they are to be impulsive. If investors can set up strict capital investment plans for themselves from the beginning and invest money little by little, then they can not only make their investment more rational, but also try to avoid capital losses caused by their bad habits.
This article was written by Zhang Shenyao, and plagiarism is refused and originality is respected! !
