Anthony-Ryan

Anthony-Ryan Updated 

The U.S. Federal Open Market Committee (FOMC) will release the minutes of its September monetary policy meeting. Analysts pointed out that the wording of the Federal Reserve minutes may lead to a further correction in the US dollar, thereby promoting stronger gold prices. technical analysis The price of gold shows an upward trend in both highs and lows, which...

Anthony-Ryan Updated 

Political tensions roiled global financial markets as the focus shifted to the Middle East. Oil prices have fluctuated sharply amid escalating risks, with worries that a war between Israel and Palestine could lead to supply disruptions easing, but market sentiment has been relatively cautious and investors have still refrained from aggressive selling as they...

Anthony-Ryan Updated 

The Israeli-Palestinian conflict triggered gold prices. Therefore, market risk sentiment has heated up, driving gold prices to rise sharply this morning. Judging from the current rebound amplitude, gold's short trend may end, which means that gold will enter a rebound upward cycle in the near future. It remains to be seen whether the mid-term adjustment has ended...

Anthony-Ryan Updated 

The latest exclusive report from the US "Wall Street Journal" claims that Saudi Arabia has told the White House that they are willing to increase oil production early next year if crude oil prices remain high. A new round of military conflict broke out between Israel and Palestine last weekend, causing international oil prices to soar more than 4% after...

Anthony-Ryan Updated 

The latest consolidation in oil prices appears to be over, with both Brent and WTI posting solid gains. There are currently no signs of increased supply from major producers, and economic data continues to support the idea of more growth. Crude oil has now reached 95.04, which has exceeded our expectation of 93.5. Under the current market conditions, crude oil...

Anthony-Ryan Updated 

Oil traders aggressively bought futures and crude oil's 20-day moving average to provide support. Crude oil opened at 90.53 and rose to 94.04 today. The market direction remains bullish. The current trading trend will be a correction and a slow rise. 94.5-92.4 is the main range. Seize the opportunity and don't trade blindly.

Anthony-Ryan Updated 

The Fed's hints drove the rise of the U.S. dollar index and also caused the price of gold to continue to fall. Gold’s bearish momentum could push spot market gold prices back to the 2023 low of $1810. Gold's downward trend has obviously been testing the 1870 position. Once gold breaks through 1870, it will reach a low of 1850. Target 1850

Anthony-Ryan

The Fed's hints drove the rise of the U.S. dollar index and also caused the price of gold to continue to fall. Gold’s bearish momentum could push spot market gold prices back to the 2023 low of $1810. Gold's downward trend has obviously been testing the 1870 position. Once gold breaks through 1870, it will reach a low of 1850. Target 1850

Anthony-Ryan Updated 

Expectations of tighter crude oil supply and an uncertain economic outlook have caused demand concerns. At the same time, crude oil continues to be hit by the double blow of the appreciation of the US dollar and expectations of interest rate hikes, and the impact of a rapid tightening of supply is offset by market investors' low risk appetite for higher interest...

Anthony-Ryan Updated 

Gold fell below the 1900 support level yesterday as the dollar strengthened and Treasury yields rose. The pressure on the precious metals market mainly comes from the strength of the US dollar and last week's Fed's speech which pushed the US dollar to highs. In short-term gold trading, pay attention to the pullback around 1908. The overall trend is bearish.

Anthony-Ryan Updated 

U.S. economic data and comments from the Federal Reserve drove the dollar index to continue to strengthen. This also directly caused the price of gold to fall. Gold was suppressed near the 200 SMA on Monday and subsequently fell to the current level of 1908. Gold prices will continue to weaken and retest 1900. Gold follow-up focuses on 1900, 1890, and 1875.

Anthony-Ryan Updated 

The supply side of the global oil market continues to reduce production, and oil prices will continue to rise in the short term. Russia's fuel export ban announced last week has raised supply concerns and demand woes from future interest rate hikes. In the current context of the crude oil market, what needs attention is that once the Federal Reserve misjudges...

Anthony-Ryan Updated 

The Federal Reserve's suspension of interest rate hikes disrupted the market. Gold prices recovered after hitting a weekly low of 1913.99, but still could not break through 1929. The current gold price market tends to trade in a range, and gold prices are difficult to break through the resistance value of 1929, showing a slight bearish tendency. However, once...

Anthony-Ryan Updated 

The supply side of the global oil market continues to reduce production, and oil prices continue to rise in the short term. A ban on fuel exports announced in Russia last week raised supply concerns and demand woes from future interest rate hikes. In the current context of the crude oil market, we need to pay attention to the fact that once the Federal Reserve...

Anthony-Ryan Updated 

The short-term trend of gold prices is difficult. The Federal Reserve kept interest rates unchanged, causing gold prices to once again rise above the 100-day moving average and then fall back. Although there is still some bargain hunting to support gold prices, the U.S. dollar continues to rise, setting a new high in more than half a year, and U.S. bond yields...

Anthony-Ryan Updated 

Oil prices fell back below the 10-day moving average, but the market is still bullish. The main reasons for the fall in crude oil prices may include the fact that the Saudi energy minister defended the production cut and claimed that extending the production cut was not to push up oil prices; the Federal Reserve kept interest rates unchanged. If the support...

Anthony-Ryan Updated 

Gold had some ups and downs after the CPI data was released. Although the CPI data rose, the U.S. dollar index and 10-year government bond yields weakened, and the Federal Reserve may pause to raise interest rates. The European Central Bank decided to raise interest rates by 25 basis points. The prospects for this time's interest rate hike are not good, and...

Anthony-Ryan Updated 

Yesterday, the IEA released its latest report, forecasting prices and production in 2023 and 2024. The forecast pointed out that the global oil market is facing tight supply, which directly affects the trend of oil prices. Crude oil broke through the range and hit a new high. Today's callback will continue to be long. Crude oil has been running below the...