After gold opened on Monday, as I said last week, the price made a correction. The lowest price was 1963 and the highest price was 1982.7. Combined with the oil pipe price chart, we can see that the trends are consistent. At present, gold is still rising and has never broken through the upper and lower support levels. Before, we could still trade based on trend...
Gold has experienced one rally after another this week: Fundamentals of the Palestinian-Israeli conflict, Thursday's Fed Powell speech Rising after continued technical correction There was no new breakthrough when it hit 2000 on Friday. Due to the fundamentals of the Palestinian-Israeli conflict, various countries continued to intervene, the U.S. economy...
Gold will open next week and will continue to rise after a slight correction. As the Palestinian-Israeli conflict continues to ferment, we can see news from all parties at the weekend. We can wait for the opening price to adjust and buy. We are mainly bullish, but we cannot buy blindly. It is more reasonable to wait for the price adjustment. gold: buy1968-1972...
Crude oil opened at around 87.8 and ended at around 88.2 last week. The overall trend of crude oil last week was bullish. We look at the price changes of crude oil with an upward trend. We can see that the greater the downward adjustment, the more the price increases, and the objective trend enters sideways. To summarize, the current price in the sideways range...
The conflict between Palestine and Israel is currently raging, and at the same time, the situation in many places is tense. Yesterday, gold hit a new high price of 1977. It seems that nothing can stop gold from continuing to rise. Immediately after Biden speaks, I think gold will rise again after correction, but it may also It’s so crazy that it goes up directly....
The crude oil news has basically not changed. Based on my crude oil trend analysis on Thursday, the overall trend is still upward and will continue to rise after a slight correction. Operation suggestions: buy 87.5-88 tp 90.5-91.5
There has been a lot of fundamental news in crude oil trading recently, with hospitals and schools in Gaza being bombed, and Iran calling for an oil embargo. Why haven’t oil prices exploded? Three major factors indicate that oil prices are in a storm! 1. OPEC+ has no plans to hold a special meeting and take immediate action. Judging from OPEC+'s recent...
Hello traders, I am a senior trader and an analyst. I often share my various opinions occasionally through various channels. It’s a pleasure to meet you all at tradview today. The price range of gold has been very large in recent consecutive months, with the price ranging from 1950 to 1810 to 1963 yesterday. Many traders lose their account funds, but if you...
On Wednesday, EUR/USD fell back after failing to break through the channel resistance below 1.0600, ending a two-day streak of gains. The U.S. dollar's overall strength, driven by a sharp rise in U.S. bond yields, also exacerbated the EUR/USD fallback. U.S. dollar yields rose across the board, with the 10-year U.S. Treasury yield soaring above 4.90%, the highest...
British inflation has slowed slightly, but only slightly; the Bank of England is expected to keep interest rates unchanged at its November meeting; technical analysis shows favorable signs for sterling bears. It is very difficult for the Bank of England to combat inflation. Can the pound continue its rise in the fourth quarter? Sterling fundamentals...