Looking at crude oil on the daily chart, after reaching a new high of 83.60, oil prices have fallen back and adjusted. The strength of its pullback is limited. The moving average system still maintains a bullish arrangement, and the mid-term objective trend remains upward. It is expected that crude oil will enter a shock adjustment around the high of 83.60, form...
Gold's weekly K-line and medium-cycle indicators are tending to form a golden cross, and the gold price trend still relies on the upper track to maintain a continuous upward trend. The MACD indicator shows a strong bullish signal and continues to remain intact, while other technical indicators also maintain bullish signals, indicating that the bullish momentum...
Judging from the daily line, although it opened lower and fell 2% on Monday morning, it eventually rebounded and broke through the 87 mark. The daily line closed a positive line with a long lower shadow. Overall, it is not difficult to see that the bullish trend is still there. It is relatively strong and is expected to continue to test the resistance of the 90...
Gold continued to hit new highs yesterday, once again setting a new record. The fluctuation base is large, and the seesaw is also large. It is gathering momentum to rise while consolidating and correcting. The daily line still maintains a bullish trend. Looking at the gold daily chart, in the daily K, the stochastic indicator is temporarily golden cross, and the...
Crude oil prices surged again last week, hitting a new high in more than five months. Behind this rise is the market's optimistic expectations for economic growth in the United States and China, which is expected to stimulate crude oil demand. Data show that OPEC oil production fell slightly in March, and attacks on Russian refineries also put some pressure on...
The morning strategy of buying 2321 has successfully made a profit. Now Gavin will look at tomorrow’s trend analysis. Gold opened lower on Monday morning, touching the expected support range of 2305-2300, and successfully pulled up, reaching a new historical high again. The current highest is 2353. The price continues to refresh the market's perception; it is a...
Friday's U.S. non-farm data showed that the U.S. labor market is still strong, with the number of jobs increasing more than expected to 303,000, and the unemployment rate also falling from 3.9% to 3.8%. Fed Chairman Powell also said that he would not rule out raising interest rates later or later. , the overall tone is once again hawkish, and the market also...
Crude oil rose slowly on Tuesday and touched the 85.4 line. At the beginning of the week, the pressure node of 85.5 was mentioned many times. This is the suppression point of the weekly MA120 moving average. Tonight, the 85.5 line can be treated as the dividing line between long and short. From a short-term perspective, the Bollinger Bands in each time period...
The current reverse V-shaped reversal of gold is likely to go short because some institutions have exited long orders at high levels, causing the market to reach a high of 2276 again and then start to fall. So we should continue to see the next wave of shorts. Go to 2253-2250 below, near the lowest support of today's correction. If it falls below, look at 2246...
The morning strategy of selling at 2160 has been very profitable. Now I will update my new ideas. Gold rose again after the opening of the day, and rose strongly to around 65, which also allowed the bulls to perfectly release the energy of the impact, and at the same time washed away the short orders held in the early stage, so the short-term counterattack...
During the three days of market closure, Russia further cut production and the geopolitical situation escalated again, which led to today's crude oil opening rising and reaching new highs. Crude oil consolidated on the K-line last week, and was gathering momentum to consolidate at a high level. The space recovered, but the short-term long and short kinetic...
The rally in the 1-hour period is gradually slowing down near the stage high of 2265, and the market is consolidating at a high level. The MA moving average cross in the 1-hour period points upward, and the overall market outlook is bullish. The KDJ of the 1-hour period and the 15-minute period cross downward and point bearishly, and the KDJ of the 1-hour period...
Overall, WTI crude oil futures prices have found resistance over the past few trading days, hovering around the 50.0% Fibonacci level of 81.50. But the formation of a triangle pattern in this area could mean a possible price breakout in the coming sessions. Under the dual influence of the OPEC+ meeting and geopolitical factors, there are still many uncertainties...
Gold has continued to surge, with the price breaking through the 2200 mark, breaking the historical high of 2222 and then hitting a new high of 2236. The current market is still a bullish trend, and the new high of 2236 will definitely be broken, but according to the monthly, weekly, and daily lines, and the big positive column at the same time, Another new high...
In the morning, my strategy of selling at 2197 was correct. Gold continued to be strong. Buyers intervened in the evening, pushing up the price of gold and reaching 2220 again. Now it has entered a strong pattern again. From the current operation, it is obvious that the bulls are rising. , although the increase is not large, it is a process of getting higher and...
Crude oil prices showed a volatile trend yesterday, hitting $80.5 and then began a bullish rebound, with the highest point reaching the 81.4 area. The daily K-line closing showed a hanging bardo pattern of rising and falling. Although the price encountered resistance at the 82 mark, the current daily level is still stable above the 10-day moving average, showing...
Gold has been going up and down like this in the past two days. The gold market will be closed tomorrow. Today is the last trading day of this month. Today is the closing day of the quarterly, monthly and weekly lines. Gold directly breaks through. The probability of a big rise is not very high, so we should continue to sell at high prices. Gold did not hit a...
Looking at crude oil on the daily chart, after reaching a new high of 83.60, oil prices have fallen back and adjusted. The strength of its pullback is limited. The moving average system still maintains a bullish arrangement, and the mid-term objective trend remains upward. It is expected that crude oil will enter a shock adjustment around the high of 83.60,...