Besttraderking

Crude oil 11 win plan

Long
Besttraderking Updated   
TVC:USOIL   CFDs on WTI Crude Oil
For USOIL:

Yesterday, crude oil 71.20 prompt to buy, crude oil rose 73.20 US dollars as scheduled, the line is also arrived at our goal, bullish thinking is correct, we all witness! The daily line closes with an upper line slightly longer than the lower line, and after the end of such a form, today's crude oil continues to buy, and there is room and demand to continue to rise, today's crude oil is concerned about the lower support near $71.30, back on the support here to continue to buy, above and look at $75.0 can be!

For gold:
Yesterday our gold cue to buy in 1955, target 1970 accurately arrived. A big win again, crude oil 71.20 to buy,tp73.2 is also accurate arrival, bullish thinking is very correct! Everyone has been following me for a very good profit recently! Yesterday, gold went a first shock rise after the high fall market trend, the trend is completely in my forecast! Gold quickly fell below $1,954 after reaching our target of 1970 and then accelerated to 1,939. The order we sold in 1965 was also closed in 1955. Then continued to sell in 1953 and closed the order in 1942, once again winning three straight. The daily line closes with a longer big Yin line, and after the end of such a form, the recent trend of gold is clearly seen, that is, a repeated broad shock market trend, such a market trend to sell high and buy low is the main theme, today gold fell sharply down do not recommend to sell low, we can try to buy low and then see the rise! Follow the market to do shock can! Today, gold pays attention to the lower support near $1939, today back to support the above buy here, the target can be near $1960 and $1970!

Summary: GOLD:1940-1942buy tp1960-1970
USOIL:71.6BUY TP74-75


Fundamentals:

Yesterday's fundamentals The Treasury market is now back to fully pricing in a final Fed rate hike in July 2023. Swap rates tied to the July meeting climbed to 5.33 percent on Wednesday, 25 basis points above the current effective federal funds rate of 5.08 percent. The June swaps show 10 basis points of tightening room ahead of next week's Fed meeting, suggesting traders are more inclined to think the Fed will "pause" in June. The December swap is about 25 basis points lower than the July contract, implying that the Fed will cut rates by 25 basis points by the end of the year. 'All eyes will be on the CPI next week,' said Marilyn, head of Blackstone's global fixed-income team. 'Inflation is still well above the Fed's target.' So they may opt for a "pause". But make no mistake, it's not a given that there won't be more rate hikes in the future. After the news, the U.S. index rose strongly, gold and silver and non-U.S. currencies retreated, while the U.S. trade account recorded a negative $74.6 billion in April, the largest deficit since October 2022. The Federal Reserve has raised interest rates for 10 times from March last year to now. Such a high interest rate is indifferent to US exports, so the trade deficit is inevitable, but such a deficit is not a bad thing for the United States. After all, under the strong dollar, the goods purchased are relatively cheap, which is beneficial for the United States to reduce inflation. Today's fundamentals are mainly focused on the final euro zone Q1 GDP y/Y and the euro zone Q1 quarterly adjusted employment rate. Then we look at U.S. initial jobless claims for the week ending June 3. The US wholesale sales monthly rate for April will be watched later.


Trade active:
The direct rise in crude oil does not give us the opportunity to buy, we can focus on the 75 position to sell, the target 73-72.5. Buy if crude hits 71.5-71.8, tp75
Trade active:
The direct rise in crude oil does not give us the opportunity to buy, we can focus on the 75 position to sell, the target 73-72.5. Buy if crude hits 71.5-71.8, tp75
Trade active:
It is very good that gold has broken through 1955, they will continue to rise, we can close the trade at the 1960-1965 position, congratulations on our victory again.
Trade active:
Our gold purchases in 1942-1945 have successfully reached our target of 1960. The next step is to wait for an opportunity to buy oil.
Trade active:
Crude oil 71.2buy tp74-75
Trade active:
Good luck and I'll see you next week
Trade active:
Soon it was a new week, we had a perfect victory last week, the trade was very good, and many friends gave me feedback that I made a lot of money, I was very happy. In the coming week, I hope that we can achieve better results and make sure that everyone can learn more knowledge, and I will work hard to do so.
Trade active:
Soon it was a new week, we had a perfect victory last week, the trade was very good, and many friends gave me feedback that I made a lot of money, I was very happy. In the coming week, I hope that we can achieve better results and make sure that everyone can learn more knowledge, and I will work hard to do so.
Trade active:
Soon it was a new week, we had a perfect victory last week, the trade was very good, and many friends gave me feedback that I made a lot of money, I was very happy. In the coming week, I hope that we can achieve better results and make sure that everyone can learn more knowledge, and I will work hard to do so.
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