Trusted by over 15 Million Traders
The Most Awarded Broker
for a Reason
CATEGORIES
News
- 【XM Market Review】--USD/CAD Forecast: Pulls Back from Highs
- 【XM Decision Analysis】--NASDAQ 100 Monthly Forecast: January 2025
- 【XM Forex】--ETH/USD Forecast: Waiting for Bitcoin to Make a Move
- 【XM Market Analysis】--Gold Forex Signal: Slightly Positive on Christmas Eve
- 【XM Group】--USD/JPY Analysis: Psychological Resistance Level of 160.00 Remains i
market analysis
7.25 Gold bottomed out and rebounded latest market trend analysis, today's long and short operation guidance for crude oil
Wonderful Introduction:
Only by setting off can you reach your ideals and destinations, only by working hard can you achieve brilliant success, and only by sowing can you gain. Only by pursuing can one taste a dignified person.
Hello everyone, today XM Foreign Exchange will bring you "[XM Foreign Exchange Market Analysis]: Analysis of the latest market trend of gold bottoming out and rebounding in 7.25, and guidance on long and short operations of crude oil today." Hope it will be helpful to you! The original content is as follows:
The investment market always has four levels: keeping the principal, controlling risks, earning profits, and making long-term and stable profits. Don’t determine the result because of the winning or losing of a day. Is it accidental or inevitable to make money, whether it is based on real effort or luck. Those who can survive in the market will definitely be investors who can eventually make long-term profits. Trading is a good habit, strictly implement your trading plan. A rigorous transaction = good mentality control + correct position control + strong technical skills, never force buying and selling for cooperation. Opportunities are reserved for those who are prepared. The right choice is greater than a hundred times hard work. If you trust the teacher, I will give you a satisfactory return. You just need it, and I happen to be professional!
Analysis of the latest gold market trends:
Analysis of gold news: Before the US market on Thursday (July 24), the price of spot gold (XAU/USD) fluctuated and fell, with an intraday drop of about 0.7%, and trading around US$3,376. The core of gold's pressure for two consecutive days is the cooling of risk aversion sentiment caused by the easing of the global trade situation. US President Trump recently announced a tariff agreement with Japan, which will impose a benchmark tariff of 15% on Japanese cars, a significant reduction from the previous 25% import tax. This move prompted the EU to quickly make a statement that it plans to finalize a car tariff agreement with the United States before August 1, thereby avoiding the loss of export share. Market interpretation believes that the United States and Europe are close to reaching a consensus, which is expected to avoid fierce tariff frictions and promote the overall market risk appetite to heat up. On the other hand, the US dollar index rebounded after continuous declines. Despite internal disagreements on interest rate cuts, some members such as Waller and Bowman have clearly expressed support for the launch of easing at the July 30 meeting, which could limit the height of the dollar's rebound. But from the trader's perspectiveFrom a certain point of view, the US dollar still poses a phased restraint on gold prices.
Gold technical analysis: At the current market, the breakout and plunge overnight. Today is considered to be a direct decline. It has not corrected the decline last night. It has been a continuous slow decline all the way. Some people need to directly correct it in one breath. It is currently hovering above 3360, and this position is the 618 segment support of 3310-3438 retracement. Generally, in the face of this 618, we must try to stabilize. However, due to the continuous decline in the European session, the US session has a wave of pulling up first, which may also be due to the temptation of long-term pressure. There is also a second suppression, so we must take the opportunity to take the protection. If the 3384 middle track is still suppressed, we plan to see the second suppression and decline in the short term; in addition, if we keep grinding until 2 Before 2 points, there is no temptation to rebound. Then, if you stabilize and pull up after 22 points, it is best not to rebound easily and look at the suppression. It is easy to see the V movement, or move upwards to see the pressure, such as 3416-18 down; of course, under the weak oscillation suppression, the 618 division position cannot be held, and directly continues the secondary pressure level, then it may really be in place in one step, directly approaching the daily convergence triangle lower track 3337. Below this position, you must dare to speculate in the short term again; there is another point, slow down all the way, short-term macds are gradually diverging, and the low level is not good, and you dare not chase the decline directly, and it is easy to have an oversold rebound correction at any time. 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 3393-3403 line resistance is focused on the 3350-3340 line support is focused on the 3350-3340 line support.
Analysis of the latest trend of crude oil:
Analysis of crude oil news: Oil prices rose on Thursday (July 24), mainly boosted by two factors: one is that optimism about the US trade negotiations has eased the pressure on global growth prospects, and the other is that crude oil inventories have fallen beyond expectations. Recently, West Texas Intermediate (WTI) has hovered around the 50-day moving average, and the easing of trade tensions has been largely reflected in prices. Oil traders will closely monitor the EU's meeting with Chinese leaders on Thursday, their first face-to-face summit since 2023. In addition, U.S. Treasury Secretary Bescent said he will meet with Chinese officials in Stockholm next week to discuss extending the trade truce. Any sign of tension could spark further concerns over global fuel demand and have an impact on crude oil.
Crude oil technical analysis: From the daily chart level, the medium-term trend fluctuates upward test around 78. The K-line closes to a large physical negative line, and has not yet destroyed the moving average system, and is still supported. The medium-term objective trend is unchanged. However, from the perspective of momentum, the MACD indicator crosses downward above the zero axis, indicating that the bulls' momentum is weakened, and it is expected that the medium-term trend of crude oil will fall into a high-level oscillation pattern. The short-term (1H) trend of crude oil fell below its previous low and continued to fall and reached a support rebound near 64.70. Oil prices still repeatedly cross the moving average system, and the short-term objective trend direction fluctuates. MACD indicator is below the zero axisA bottom divergence is formed, indicating that the action energy gradually weakens. It is expected that the crude oil trend will continue to show a repetitive oscillation rhythm during the day. Overall, in terms of today's operational ideas of crude oil, He Bosheng recommends that the main focus should be on the low-sinking back, and the rebound should be supplemented by the high altitude. The short-term focus should be on the 68.0-69.0 line resistance at the top, and the short-term focus should be on the 65.3-64.3 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 xm-links.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 Foreign Exchange Market Analysis]: Analysis of the latest market trend of gold bottoming out and rebounding on 7.25, and suggestions and guidance on long and short operations of crude oil today". It is carefully xm-links.compiled and edited by the XM Foreign Exchange editor. I hope it will be helpful to your trading! Thanks for the support!
Share, just as simple as a gust of wind can bring refreshment, just as pure as a flower can bring fragrance. The dusty heart gradually opened, and I learned to share, sharing is actually so simple.
Disclaimers: XM Group only provides execution services and access permissions for online trading platforms, and allows individuals to view and/or use the website or the content provided on the website, but has no intention of making any changes or extensions, nor will it change or extend its services and access permissions. All access and usage permissions will be subject to the following terms and conditions: (i) Terms and conditions; (ii) Risk warning; And (iii) a complete disclaimer. Please note that all information provided on the website is for general informational purposes only. In addition, the content of all XM online trading platforms does not constitute, and cannot be used for any unauthorized financial market trading invitations and/or invitations. Financial market transactions pose significant risks to your investment capital.
All materials published on online trading platforms are only intended for educational/informational purposes and do not include or should be considered for financial, investment tax, or trading related consulting and advice, or transaction price records, or any financial product or non invitation related trading offers or invitations.
All content provided by XM and third-party suppliers on this website, including opinions, news, research, analysis, prices, other information, and third-party website links, remains unchanged and is provided as general market commentary rather than investment advice. All materials published on online trading platforms are only for educational/informational purposes and do not include or should be considered as applicable to financial, investment tax, or trading related advice and recommendations, or transaction price records, or any financial product or non invitation related financial offers or invitations. Please ensure that you have read and fully understood the information on XM's non independent investment research tips and risk warnings. For more details, please click here