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7.1 How to solve the problem of gold fluctuating and rising short orders? The latest operation suggestions for today's crude oil market
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Hello everyone, today XM Foreign Exchange will bring you "[XM Group]: How to solve the 7.1 gold fluctuation and high-short order trap, the latest operation suggestions for crude oil market today". 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 www.xmh100.come 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.
The latest gold market trend analysis:
Gold news analysis: Gold prices rose on Monday (June 30). As of press time, spot gold rose 0.14% to $3,309.57, earlier hitting its lowest level since May 29 at $3,247. Gold prices have risen by 5.4% so far this quarter. The U.S. dollar index hovers around its lowest point since March 2022. A weaker dollar will usually make gold denominated in USD cheaper for buyers holding other currencies, boosting gold prices. Currently, the market is on the US trade deal (especially with Japan) and the “big and beautiful” proposed by President Trump"The spending bill will be passed smoothly before the end of July 4. As the US dollar is hovering near the lowest level in more than three years, the market will focus on a series of US employment data to be released this week.
Gold technical analysis: From the golden weekly chart, due to the rapid cooling of risk aversion sentiment, the international gold price trend last week was not ideal. The overall volatility and downward rhythm was mainly due to the important 3300 line, so a small negative line was recorded. Currently, the K-line has fallen below the support of MA10, and the MACD indicator has also formed a dead cross at a high level, so it is not ruled out that the market will further move closer to MA20 in the future. From the daily gold line chart, , After the previous high-level decline, the bullish force has www.xmh100.come to an abrupt end. Of course, this mainly targets short-term trends. At this stage, the moving average group is still in a bonded state, so it does not play a big role. Although the MACD indicator forms a dead cross, it is already close to the 0 axis, and there will not be much downward space before breaking. Overall, in today's short-term operation ideas of gold today, He Bosheng recommends that he should go long with a pullback, and rebound high altitude as the supplement. The short-term focus on the upper short-term focus on the 3330-3340 line resistance, and the short-term focus on the 3290-3280 line support.
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This article is exclusively planned by Gold and crude oil analyst He Bosheng. Due to the delay in online push, the above content is personal advice. Because the online posting is timely and the suggestions in the article are for learning reference only, and you can bear the risks of operation based on this. Whether the views and strategies of the article are consistent with everyone's opinions, you can www.xmh100.come to me to discuss and learn together! No matter how difficult it is in the world, I am afraid of those who are interested. Investment itself carries risks, reminding everyone to identify the authoritative platform, a strong teacher, fund safety is the first, and secondly consider operational risks, and finally how to make a profit.
The above content is about "【XM Group]: 7.1 How to solve the problem of gold fluctuating and rising short order traps, the latest operation suggestions for crude oil today's market" is carefully www.xmh100.compiled and edited by the editor of XM Forex. I hope it will be helpful to your trading! Thanks for your support!
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