Anthony-Ryan

Anthony-Ryan Updated 

Market analysis The supply and demand of crude oil has increased but the risk of the Palestinian-Israeli conflict has not diminished. At present, oil transportation in the Middle East has not really been affected by this conflict, which is why oil prices have been experiencing corrections. Without further escalation in the Israeli-Palestinian conflict, crude oil...

Anthony-Ryan Updated 

The trend of crude oil is a band, with the top near 93. It is obviously still in a downward channel, especially the short trend on the four-hour line is more obvious. The K-line is running below the Bollinger Band, and the middle rail is the resistance level of crude oil. Shorts occupy the main body. . The support level below crude oil is around 81.2. At the...

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During this period, a series of positive events such as the Palestinian-Israeli conflict pushed up the price of gold and pushed market sentiment to a climax. However, this week has been dominated by adjustments, and bulls have taken profits and left the market. At present, gold is more of a range adjustment. If gold breaks through the resistance level of 1983,...

Anthony-Ryan Updated 

The U.S. Department of Energy abandoned its original position and relaunched the Strategic Reserve Replenishment Program. Oil prices have been falling. However, the conflict in the Middle East has a greater impact on the fluctuation of oil prices. Once the conflict escalates further, the price of crude oil will exceed 100. The short-term trend of crude oil was...

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A weak U.S. dollar is supporting gold prices, however, gold prices are now in a technical stretch and may face the risk of a pullback. We need to pay attention to the situation in the Middle East and European and American PMI data. Gold's overall trend is bullish

Anthony-Ryan Updated 

In terms of market, the situation in the Middle East is becoming more and more serious, and gold will rise further. Economies.com mentioned in the article that the price of gold fell strongly after starting today's trading and fell below $1977.25 per ounce, which suggested that the outlook for gold prices will turn bearish. In my opinion this may be a further...

Anthony-Ryan Updated 

Gold prices rose to near three-month highs after Fed Powell's vague remarks led to a fall in the dollar and an escalation in the conflict. Investors regard gold as the current safe-haven fund, and there will be room for gold to rise in the future. Gold has broken through the key position of 1977.5 and is bullish in the future. Target 1990.

Anthony-Ryan Updated 

The conflict escalation target is looking towards 95. The short-term (1H) trend of crude oil fell to the 85.50 support, and continued to rebound and hit new prices. The short-term subjective and objective trends consistently maintain an upward rhythm. Crude oil is expected to continue rising during the day. If the conflict in the Middle East escalates again...

Anthony-Ryan Updated 

Crude oil targets resistance at $88. The important level after that is $90, which is a resistance level that the market needs to break. The prevailing sentiment suggests that it is only a matter of time before the market rises to these levels. Crude oil also found support from the 50-day moving average below, which acted as a stabilizing force. Additionally,...

Anthony-Ryan Updated 

Market analysis. Gold has continued to rise due to conflicts in the Middle East and surged after Iran's important speech. The market direction will continue to rise. technical analysis. The gold price has broken through the key position of 1945.2, and gold will currently rise to around 1977.25 in the short term. Gold prices are in a bullish trend scenario for...

Anthony-Ryan

Gold may pull back to the 1930 position. Powell's speech will lead to a certain decline in gold. However, due to the continuous escalation of conflicts, gold has become the most important safe-haven fund at this stage. Conflicts in the Middle East continue to escalate, and gold remains bullish in the future. The support level is focused on 1930. Resistance is...

Anthony-Ryan Updated 

Market analysis In the last post, we talked about the US crude oil market maintaining the price of crude oil to a certain extent, but the impact of the conflict in Pakistan on the crude oil market completely covers other market conflicts, and crude oil is bound to rise. Technical analysis After crude oil rose to 88.3, the short side gradually took over the main...

Anthony-Ryan Updated 

The Israeli-Palestinian conflict supported gains in oil prices, but mail will slowly rise until there is no further conflict. Crude oil was blocked at the 21-day moving average. Secondly, the International Energy Agency (IEA) said last week that oil prices have fallen recently from their highs in late September, reflecting declining demand, especially in the...

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Gold held above the key $1,900 level on Monday, falling as a result of a technical sell-off despite a 3% jump in the previous session as investors turned to safe-haven gold as fierce wars raged. Gold will likely remain a focus for traders looking to buy the dip. If tensions in the Middle East continue to escalate, shorting gold may not end well in the short...

Anthony-Ryan Updated 

The conflict may escalate further, and Iran warned Israel not to expand the situation, otherwise it will join the war. Once Iran joins the war, oil prices will skyrocket. Last week, due to the conflict, oil prices rose to close at 87.72. On Monday today, the opening momentum of oil prices has slowed down. On the one hand, it is due to some profit-taking. On the...

Anthony-Ryan Updated 

Gold's surge of $64 last Friday made all investors more confident about the late gold market. Conflict in the Middle East has led to gold becoming the most popular investment product, with more and more people believing that gold will rise further. According to market reaction and technical trend analysis, gold will further rise to the two resistance levels of...

Anthony-Ryan Updated 

"A sharp escalation in geopolitical risks in the Middle East, which accounts for more than a third of global seaborne oil trade, is keeping markets on edge," the IEA said in its closely watched October oil market report. All this is as discussed in my previous post. The conflict caused the oil price to rise again. The continuation of the conflict will cause the...

Anthony-Ryan Updated 

In my last post, I talked about the analysis that CPI data would cause gold to fall back and be overall bullish. Hope you guys took a chance. Gold market analysis: Gold fell after yesterday's CPI data was released. However, considering the conflict situation in the Middle East, investors still trust the market of gold, which also prompted gold to rise all the...