The investment is sad, not because the market is missed, but because when the market reversal begins, the list is still there! The eagle must fly higher than the bird, because its prey is the bird, don't be afraid, don't worry, ten years later, everything is just a drink, when you are full of faith, others see you with radiance; When you are depressed and lost, what others see is that you are not worthy of trust, there is no suitable market, only a careful and meticulous layout.
In early Asian trading on Wednesday (June 55), spot gold fluctuated in a narrow range and is currently trading near $2,320 per ounce. Gold prices fell 0.63% on Tuesday, hitting a new one-week low of $2315.58 during the session, closing at $2319.36 an ounce, Fed Governor Bowman's hawkish speech helped the dollar rise, significantly suppressing gold prices, in addition, Israel tends to end the conflict with Allah through diplomatic channels, and also suppresses safe-haven demand.
Global gold-backed exchange-traded funds (ETFs) saw inflows of US$212 million, or 2.1 metric tonnes, last week, according to the World Gold Council (WGC). Non-yielding gold hit a record high of $2,449.89 on 20 May and is up 12% year-to-date, supported by hopes of a Fed rate cut and the central bank's aggressive buying of gold amid geopolitical tensions. This week, traders will focus on Thursday's US Q1 gross domestic product (GDP) data and Friday's personal consumption expenditures (PCE) price index report.
Fed Governor Michelle Bowman reiterated her view on Tuesday that keeping policy rates unchanged for "some time" might be enough to bring inflation under control, but she also reiterated her willingness to raise borrowing costs if necessary. U.S. inflation is still high, and I still see some upside inflation risks impacting my outlook," Bowman said in a speech in preparation for his London speech. She said the surge in labor supply due to improved supply chains and immigration, both of which helped bring inflation down last year, is unlikely to last. Regional conflicts could put upward pressure on energy and food prices; Accommodative financial conditions or fiscal stimulus may also exacerbate inflation.
6.26 Gold Market Analysis:
Gold opened near 2335 on the last trading day, the Asian market fell slightly slowly, the European market began to rise, refreshing the new intraday high to 2337 after the first line of pressure began to run down, the U.S. market continued to decline, the end of the refresh of the new intraday low to 2315 a strong support position, and then the shock closed, the daily line received a small negative trend. On the daily line, the Bollinger band runs flat, the K-line is under pressure to run below the middle rail, the MA5 and MA10 moving averages in the middle of the track began to run flat, the MACD energy column is gradually in the shrinking trend, the KDJ indicator is a dead fork, the daily cycle is still a trend of rising and falling, today is down, and the rebound is short to see a wave of new low trends. Short-term look at the Bollinger band opening downward running trend, K-line continuous high fall, MA5 and MA10 moving average high turn downward divergence, MACD energy column is gradually reducing the operating state, KDJ indicator golden cross, short-term look at today or see the weak shock fall, rebound short.
6.26 Gold Operation Suggestions:
1. Short near 2325/2327 above, stop loss 6.5 US dollars, target 2312-2300-2270;
2. Test the short near 2358/2360 at any time, stop loss 6.5 US dollars, and the target is 2345-2330-2314;
3. Go long near 2275/2277 below, stop loss 6.5 US dollars, and the target is 2285-2300;
4. If the market changes, we will give suggestions separately, please pay attention;
6.26 White Bank Analysis:
Silver opened yesterday near 29.55, the Asian market slightly pulled up to the intraday high pressure position to around 29.66, the European market began to maintain a high level of shock trend, the U.S. market opened and fell, continued the downward trend, the end of the day to refresh the new low to 28.84 line, the daily line to collect a large negative trend. On the daily line, the Bollinger bands are still in the running state of closing, the K-line is running near the middle track, the MA5 and MA10 moving averages are beginning to turn around and diverge downward at the high level, the MACD energy column is gradually shrinking, the KDJ indicator is a golden cross, and the daily cycle is still weak and falling, and the rebound is mainly short. In the short term, the Bollinger band opening runs downward, the K-line band is oscillating near the lower band, the MA5 and MA10 moving averages are temporarily running downward, the MACD energy column is running in large quantities, and the KDJ indicator is dead fork.
6.26 Silver Operation Suggestions:
1. Short near 29/29.25 above, stop loss 29.48, target 28.53-28;
2. Test the short near 29.43/29.57 at any time, stop loss 29.67, and look at 29-28.45 under the target;
3. Go long near 28/28.24 below, stop loss 27.82 US dollars, target 28.83-29.42;
4. If the market changes, we will give suggestions separately, please pay attention;
6.26 Crude Oil Market Analysis:
Crude oil opened near 81.7 in the last trading day, and the Asian market began to fall after slightly rising the intraday high pressure position of 81.9, and the European market was in a slow downward trend, and the U.S. market rose and fell, and the end of the day refreshed the new intraday low to around 80.5, and the daily line received a small negative trend. On the daily line, look at the Bollinger band opening upward running trend, the K-line near the upper bracket, the MA5 and MA10 moving average in the middle of the upward turning state, the MACD energy column is gradually shrinking, the KDJ indicator golden cross, the daily cycle is still looking at the high fall, the upper pressure position is short to see a wave of decline, and the high-altitude operation is the main. In the short term, the Bollinger band opening is running downward, running near the K-line band, the MA5 and MA10 moving averages at high levels began to turn around and diverge downward in the running trend, the MACD energy column is gradually shrinking, the KDJ indicator is dead, and the short-term high pressure position is bearish, and it continues to decline today.
6.26 Crude Oil Operation Suggestions:
1. Test short near 81.2/81.5 above, stop loss 82.3, target 80-78.3;
2. Test the short near 83.3/83.5 at any time, stop loss 84.4, and look at 81.2-80 under the target;
3. Go long near 78/78.2 below, stop loss 77, target 79-80.3;
4. If the market changes, we will give suggestions separately, please pay attention;
(The above article was originally written by Xiaobing Finance, please indicate the source for reprinting.) Xiaobing Financial Management warmly reminds that investment is risky, and you need to be cautious when entering the market. The above only represents the personal views of Xiaobing Financial Management, and is not used as a basis for operation, and the operation is at your own risk)