4.20 Foreign exchange gold prices continue to fluctuate, and today's gold and crude oil market operation suggestions are attached

The latest gold operation suggestions:

Wednesday (April 19) entered the European session as the market focus returned to the Federal Reserve and the outlook for inflation, risk sentiment weakened, the dollar continued to rebound through the 102 mark, and gold continued to decline close to $1970. Spot gold fell nearly 1.8%, hitting a new low since April 3 to $1969.14/ounce, affected by the rise in US bond yields and the dollar, as some investors bet that the Federal Reserve may start cutting interest rates later than previously expected. The 10-year Treasury yield rose to a new high of 3.639% since March 22, pushing the dollar index further away from the low of 100.779 recorded last week since late April last year. This in turn reduced the demand for gold from buyers holding other currencies. Overnight, a number of Federal Reserve officials spoke, once again raising market expectations for US interest rate hikes. The hawkish St. Louis Fed President Brad said that the tightening cycle may be coming to an end, but he believes that the policy rate needs to rise by another half a percentage point on this basis, reaching between 5.50% and 5.75%, and maintain it for a longer time. Atlanta Fed President Bostic said that another interest rate hike is expected.

On the technical side of the daily line, the gold K-line physical negative line fell, seemingly ferocious bears, but in fact the price did not break last week's low 1980 line, and the market is still consolidating around the daily middle rail. The MA5\ MA10 moving average moved down to the 2000 mark and the 2003 position respectively, and the SAR parabolic indicator gave an upward extension signal. The bonding MA30 moving average is located near 1982. This will be today's long-short dividing line. If the market breaks the market outlook, it will test the support of the lower rail 1950. If it does not break before 1980, it will be given priority to bullish treatment.

In the 4-hour graph, the Bollinger Band gradually closes. The real-time price of gold is running below the middle rail of the Bollinger Band 2010 (this resistance level is bonded to the MA60 moving average and the SAR parabolic indicator), and the lower rail is located at 1981.5. Basically, it coincides with last week's low point. The trend of the European and American gold market is expected to stop falling and rebound here. On the accompanying indicators, the MCAD dead fork green kinetic energy column is falling, and the KDJ stochastic indicator is dead, but the STO and RSI strength indicators are close to the bottom value below 20. It is not ruled out that the market will rebound after bottoming out. Overall, today's gold price focuses on the 2005-2012 resistance above, and the 1981-1975 support below. In operation, Feng Yijin recommends stepping back and doing more,

Gold strategy: step back 1975 to go long, break 1965 stop loss, target 1985-1995; rebound hit short near 2005, 2012 stop loss, target 1995-1985;

Analysis of crude oil market trends:

At the beginning of the Asian market on April 19 (Wednesday), US crude oil was trading around $80.92/barrel; oil prices fell slightly on Tuesday, and optimistic economic data from the second largest oil consumer offset concerns that the United States may raise interest rates or curb the economic growth of the first largest consumer. Data from the American Petroleum Institute (API) said that both crude oil and fuel inventories in the United States decreased last week. In the week ended April 14, crude oil inventories decreased by about 2.68 million barrels, gasoline inventories decreased by about 1.02 million barrels, and distillate inventories decreased by about 1.90 million barrels. Data from the American Petroleum Institute (API) said that both crude oil and fuel inventories in the United States decreased last week. In the week ended April 14, crude oil inventories decreased by about 2.68 million barrels, gasoline inventories decreased by about 1.02 million barrels, and distillate inventories decreased by about 1.90 million barrels.

On the technical side of crude oil, the white market rose slightly to $81.32/barrel. In the US market, the daily price fell rapidly to a minimum of $79.93/barrel. The daily line ended in the form of a starter with a very long lower shadow line. After this pattern ended, crude oil continued its bullish strategy. The 4-hour chart fell to a small shade, and the Dayang line quickly recovered. The persistence of the decline is not strong. The decline is slow and the recovery is fast, which is a normal correction method. Pay attention to whether it can recover lost ground strongly today. The hourly chart rebounded in a wave of dips and double Lianyang, recovering all the falling space yesterday and recovering the cross K line. Today's short-term thinking temporarily relies on 79.0 to make a defensive attempt to see the recovery. Yi Jin teacher suggested that after crude oil bottomed out and rebounded, there was a minor tune after breaking 82.2, still running above the 79.0 line, considering the retracement layout today, mainly single, supplemented by high altitude, above the $82.0 resistance, below the $78.5-78 support.