Announcement:
  • If you need to open an account, you can contact customer service to guide the operation.
  • Customer service WeChat: Jin-DaoCheng
    1. Home > News and Information

    6.14 Forex gold trend analysis and operation suggestions

    Gold trend analysis:

    Gold closed in a narrow range last week, and the weekly line contracted and fluctuated for two consecutive weeks. The doji K line closed. Due to the small size of the space K line, the short-term direction continued to be unknown. During the contraction and finishing, the daily level: oscillation; moving average interweaving, KDJ slight gold fork, MACD gold fork, but the price of gold is still suppressed by the 21-day moving average, and the short-term trend is more variable. Before falling to the 1950 mark, it is slightly biased towards oscillation. The resistance of the 21-day moving average is currently around 1964.44, and the resistance of the high point last Friday is around 1972.85. If this resistance can be broken, it is expected to further test the resistance of the 1980 mark. The strong resistance is near the 55-day moving average of 1987.71, and the resistance of the high point in the past three and a half weeks is also near this position. If it can be further broken, then look at the 2000 integer mark and increase the bullish signal of the midline. Before breaking the 21-day moving average, it is still necessary to beware of the risk of gold price fluctuations falling back. The initial support is at the 1950 mark, and the 100-day moving average support is currently around 1941.12. If the support is lost, the short-term bearish signal will be increased. The near three-month low reached on May 30 is near 1931.96. If it is further broken, the midline bearish signal will be increased. Overall, today's short-term operation ideas for gold suggest that the main rebound is high altitude, and the low step is mostly supplemented. The short-term focus above is on the 1966-1971 line of resistance, and the short-term focus below is on the 1940-1935 line of support.

    Silver trend analysis:

    Silver recently synchronized the trend of gold, relative to the strength of gold and silver pull strong, the overall maintenance of high consolidation. Daily close positive, four-hour line bulls are still stubbornly resisting, but the current trend is still bearish, the idea of the day remains unchanged, rebound continues to be high-altitude, above the 25-24.5 line resistance, below the attention 23.6-24 line support, the recent run to the key point, gold and silver will have a direction to choose. Silver operation suggestions: 24.3-24 area is empty, stop loss above 24.7, target 24-23.8.

    Crude oil trend analysis:

    Crude oil was sorted out and closed on the K-line of Little Yin Star last week, and the space did not go much. Maintained repeated oscillations between communities, and the weekly line is still in the process of sorting and correction. Daily level: wide range oscillation; oil prices have weakened since they were blocked near the 55-day moving average. At present, KDJ has a dead fork, and MACD also has a dead fork trend. The short-term bias is to test the support near 68.59 of the lower rail of the Bollinger Line, because the current Bollinger Line track is close to horizontal operation. If the support is broken, the bearish signal of the market outlook will be increased. Oil prices may run down along the lower rail of the Bollinger Line, further supporting the reference to the low near 67.49 on June 1 and the low near 66.81 on March 24. Since May 5, oil prices have been fluctuating in the 67.02-74 range. If oil prices can hold the Bollinger Line lower rail support, the market outlook is still likely to maintain a wide range of fluctuations; the initial resistance above is near the 70 integer mark, the 5-day moving average resistance is near 70.91, and the Bollinger Line middle rail resistance is near 71.61. If this position can be recovered, the short-term bullish signal will be increased. On the whole, the short-term operation idea of crude oil today is recommended to rebound high altitude, and step back low as a supplement. The short-term focus on the 68.5-69 line resistance above, and the short-term focus on the 66.0-65 line support below. Real-time market intraday guidance.

    Click to inquire about transaction account opening

    Please indicate the source: https://www.daoctech.com/fxnews/355.html

    Disclaimer: The content of this article does not represent the views of the Institute of Foreign Exchange. The content is for reference only and does not constitute investment advice. Investors operate accordingly at their own risk.