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8.14 Analysis of the latest trends of gold and crude oil market and today's exclusive long and short operation suggestions
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Hello everyone, today XM Foreign Exchange will bring you "【XM Foreign Exchange Official Website】: Analysis of the latest market trends of 8.14 gold crude oil and exclusive long and short operation suggestions 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.
Analysis of the latest trend of gold:
Gold news analysis: On Thursday (August 14, Beijing time), spot gold trading around $3,360/ounce, and the rise in gold prices was boosted by a weaker US dollar and a decline in US Treasury yields. Moderate U.S. inflation data consolidated expectations of the Fed's interest rate cut in September and pushed up bets on further easing policies later this year. Spot gold (XAU/USD) ushered in a second consecutive day of buying on Wednesday (August 13), with prices trying to continue to rise based on the previous trading day's rebound from around $3331. The latest U.S. Consumer Price Index (CPI) data for July basically meets expectations, strengthening market expectations that the Federal Reserve will cut interest rates in September. This data keeps the dollar at a low level in more than two weeks and further supports theGold for non-income assets. In the long run, gold may remain relatively strong if the global economic situation continues to be uncertain and the Fed's pace of interest rate cuts remains unchanged.
Gold technical analysis: After the gold daily line level is large, a small yang cross star closed. Although it is still in a weak downward adjustment, at least it has not continued to continue to negative, digesting most of the downward movement energy and slowly accumulating the bottom up momentum; today, if you want to show a turning point signal in the short term, you must close and stand on the 5 moving average again, which is the premise; therefore, 3370-3375 is the key short-term pressure position today. If the closing breaks through the effective stand, you will continue to test the gains and losses of the 3400 mark; on the contrary, if you cannot break through the stand, you must keep the oscillation and adjustment theory; a 4-hour level pulls up and rebounds within a day. If you want to continue to open the rebound space, you must break the middle track, and it is best that this K-line can bottom and pull up the stand up.
Hourline level: The Asian session narrowly traded at 3342-3354 yesterday, and the European session broke through the range resistance of 3358 yesterday, breaking through yesterday's high point, then the US session will have a second pull-up; the top and bottom support is to focus on 3358 above, of course, the volatile market is easy to puncture, pay attention to the mid-track 3353 above, stabilize and continue to rebound bullishly, and the resistance target is 3370, and then pay attention to whether the node pressure is under pressure below 3380; if it breaks through again, then this downward pullback ends, turns to a short-term strengthening, and continue to test the gains and losses of the 3400 mark; if it cannot break through, then there will be some time below 3380. Overall, in terms of today's short-term gold operation ideas, He Bosheng recommends that rebound short sellers should be the main focus, and pullbacks should be the auxiliary focus. The short-term focus on the 3370-3380 line of resistance, and the short-term focus on the 3345-3335 line of support.
The latest market trend analysis of crude oil:
Crude oil news analysis: International crude oil prices fluctuated slightly after the pullback on the previous trading day. Brent crude oil futures rose slightly by $0.03 to $66.15 per barrel, while U.S. WTI crude oil futures fell slightly by $0.03 to $63.14. The latest data shows that U.S. crude oil inventories rose by 1.52 million barrels last week, suggesting that the peak summer consumption season is approaching its end. Gasoline stocks fell, while distillate stocks rose slightly. Market insiders pointed out that if the data released by the EIA also shows that inventory rebounds, it will further confirm that refineries are gradually reducing operating rates. The peak of summer demand in the United States usually lasts from Memorial Day at the end of May to Labor Day in early September. The oil market is currently in a tug-of-war period of long and short forces. On the one hand, rising U.S. stocks and expectations of growth in output weakened price support; on the other hand, geopolitical uncertainty still provides bottom support for oil prices. In the short term, we need to pay close attention to the results of the EIA inventory data and the US-Russia meeting, which will directly affect market sentiment and price fluctuations.
Crude oil technical analysis: From the daily chart level, the K-line closed the negative line for seven consecutive trading days, the oil price fell below the lower edge of the original oscillation range, and the medium-term subjective trend was downward. The moving average system has not yet been formedThe short positions are arranged, and the medium-term objective trend is in a conversion period. From the perspective of kinetic energy, the MACD indicator gradually penetrates the zero axis position, and the short kinetic energy gradually becomes stronger. It is expected that the medium-term trend of crude oil will turn downward. The short-term (1H) trend of crude oil continues to fluctuate and move downward, the moving average system is short-term, and the short-term objective trend direction is downward. In the early trading, oil prices hit a new low around 62.10, and weak fluctuations were consolidated. The MACD indicator is about to form a golden cross at the low level below the zero axis, and the short momentum performance is still dominant. It is expected that the crude oil trend will continue to fluctuate and fall downward during the day. Overall, in terms of today's operational ideas of crude oil, He Bosheng recommends that rebound high altitudes should be the main focus, and the retracement should be the low long as the auxiliary. The short-term focus should be on the 65.0-66.0 line resistance at the top, and the short-term focus should be on the 61.5-60.5 line support at the bottom.
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 www.xmh100.come 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 Forex Official Website】: Analysis of the latest market trends of gold and crude oil in 8.14 and the exclusive long and short operation suggestions today". It was carefully www.xmh100.compiled and edited by the editor of XM Forex. I hope it will be helpful to your trading! Thanks for the support!
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