A qualified gold investor needs to place an order decisively, since you have your own ideas, you will execute according to your own ideas, without hesitation, do not be afraid of losses, reasonable stop loss will help you avoid risks, do your strong backing.
In early Asian trading on Wednesday (May 8), spot gold fluctuated in a narrow range and is currently trading near $2,310 per ounce. Gold prices fell on Tuesday after rising in the previous session, as Israeli forces seized the Rafah border crossing to block aid routes, and the United States still believed it could break the ceasefire impasse and weigh on safe-haven demand for gold, but gold prices fell little as traders remained focused on the prospect of the Federal Reserve cutting interest rates.
According to the Chicago Mercantile Exchange's Fed Watch tool, traders in the federal funds futures market see about a two-in-three chance that the Fed will cut rates in September. Minneapolis Fed President Kashkari said in a new article published Tuesday that the strength of the U.S. housing market and the potential stall in inflation progress mean monetary policy may not be as tight as Fed officials believe.
The U.S. says the Gaza ceasefire talks should bridge the divide between Israel and Hamas; Meanwhile, Israeli forces on Tuesday occupied a major border crossing in Rafah, closing an important aid route. Israel seized the Rafah crossing, despite the hopes of the United States, other countries and international institutions for weeks that would stop Israel from launching a large-scale attack on the Rafah area. Footage from the Israeli army shows a convoy of tanks crossing the Rafah crossing between Gaza and Egypt, with the Israeli flag raised on the Gaza side.
5.8 Spot Gold Market Analysis:
Gold opened near 2324 yesterday, the Asian market slightly rose above the high pressure position of 2330 after the first line began to fall, the European market directly refreshed the new intraday low to 2310 line after the rebound, the U.S. market rose and fell, the end of the shock closed, the daily line charged a small negative trend. On the daily line, the Bollinger bands are running flat, the K-line near the middle rail is under pressure to fall, the MA5 and MA10 moving averages are currently in the middle of the rail near the beginning of the flat running state, the MACD energy column is gradually reducing the operating state, the KDJ indicator golden cross, the daily cycle to see today's bottoming up trend, strong support position today to see a wave of short-term rebound rise. Short-term look at the Bollinger bands to close the operation, the K-line yesterday maintained in the upper and lower rails back and forth, MA5 and MA10 moving averages near the middle track began to flatten the running trend, MACD energy column volume running trend, KDJ indicator golden cross, short-term to see the bottom of the rebound of the operating state, today's strong support low more operation.
5.8 Spot gold operation suggestions:
1. Go long near 2305/2307 below, stop loss 6.5 US dollars, and the target is 2318-2340-2362;
2. Test long near 2290/2292 at any time, stop loss 6.5 US dollars, and target 2303-2320;
3. Short near 2360/2362 above, stop loss 6.5 US dollars, target 2350-2335;
4. If the market changes, we will give suggestions separately, please pay attention;
5.8 Spot White Bank Analysis:
Silver opened yesterday near 27.4, Asia and Europe are a slight slow downward trend, the U.S. market rebounded after the opening of the upward trend, refreshing the intraday high to 27.5 line of pressure and then the end of the market fell again, the daily line received a small negative trend. On the daily line, the Bollinger band is running flat, the K-line is testing the pressure of the middle track, the MA5 and MA10 moving averages are turning around and diverging upwards, the MACD energy column is gradually shrinking the operation, the KDJ indicator is a golden cross, and the daily cycle looks at the strong support position to see a wave of short-term rebound and rise. Short-term Bollinger band opening downward trend, K-line upper and lower rails back and forth, MA5 and MA10 moving averages are currently in the middle of the track began to turn around and diverge downward running state, MACD energy column volume operation, KDJ indicator death fork, short-term look at today's rise, bottoming out.
5.8 Spot Silver Operation Suggestions:
1. Go long near 26.86/27 below, stop loss $26.63, target 27.52-28;
2. Test long near 26.52/26.65 at any time, stop loss $26.33, target 27.12-27.64;
3. Short near 28.20/28.35 above, stop loss 28.56 US dollars, target 27.78-27.32;
4. If the market changes, we will give suggestions separately, please pay attention;
5.8 Crude Oil Market Analysis:
Crude oil opened yesterday near 78.7, Asia and Europe are in a volatile downward trend, the U.S. market opened after a wave of slight downward trend, testing the intraday low support level of 77.6 after the first line began to rebound and rise, the end of the day refreshed the new high to 79.2 after a slight pullback down, the daily line received a small negative trend. On the daily line, the Bollinger band opening diverges downward in the operation state, the strong support position of the K-line band is oscillating, the MA5 and MA10 moving averages are in the high-level turning downward divergence operation state, the MACD energy column is gradually shrinking the operation, the KDJ indicator is a dead fork, the daily cycle is very strong, and today is still looking at the trend of rushing up and falling, and the pressure position is short to see the fall. The short-term Bollinger band is flat, the upper and lower rails of the K-line run back and forth, the position of the MA5 and MA10 moving averages in the middle of the track has begun to turn downward, the MACD energy column is running in a large state, the KDJ indicator is a dead fork, and the short-term look at the fall today, and continue to short at a high level.
5.8 Crude Oil Operation Suggestions:
1. Test short near 78.8/79 above, stop loss 80, target 77.4-76;
2. Test 81/81.3 near short at any time, stop loss 82.4, and look at 80-79 under the target;
3. Go long near 76/76.2 below, stop loss 75, target 77.3-78.6;
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)