UnknownUnicorn64583787

UnknownUnicorn64583787 Updated 

The market closed last week. Gold was in 2002. As I predicted, gold is in a strong upward trend. This week, pay attention to Powell's speech and heavy US data.As U.S. monetary policy receives renewed attention, the gold market will be sensitive to U.S. gross domestic product (GDP) and inflation data.Although the U.S. economy is expected to achieve extraordinary...

UnknownUnicorn64583787 Updated 

The OPEC meeting originally scheduled for November 26th will be postponed to November 30th, and OPEC will change to an online meeting on November 30th, which will affect the trend of oil. Oil has always been weak, volatile and falling Observe the support strength of the support range 73.7-74.1 of the last rebound If it falls below this support range, oil may...

UnknownUnicorn64583787 Updated 

During the Thanksgiving holiday, the U.S. market was basically closed. Everyone also discovered that yesterday's market was basically dominated by narrow fluctuations, and there was no big opportunity. Gold only had a volatility of 10pips yesterday, the highest point was 1998, while the previous day's high was in 2006. It can be found that not only the volume...

UnknownUnicorn64583787 Updated 

On the news side, OPEC+ officially announced that the meeting to be held on November 30th will be changed to an online meeting.Regarding the rumors of discord within OPEC, the representative of Nigeria said that he did not know that there were differences within OPEC+, and he was satisfied with the survey results on Nigeria's production plan. Angola stated that...

UnknownUnicorn64583787 Updated 

Key indicators of changes in market sentiment on Wednesday also included a report of a decline in the number of people applying for unemployment benefits, which hit a five-week low of 209,000 (lower than the expected 225,000), indicating a tightening labor market.In addition, the University of Michigan's inflation expectations report is even worse. The report...

UnknownUnicorn64583787 Updated 

I reminded yesterday that oil fell rapidly because of the postponement of the OPEC+ meeting, but the final time was set to be held again on November 30, so oil prices began to rebound yesterday. As can be seen from the chart, the trend of oil after the rebound is relatively weak, and today it did not break through the point where it started to fall at 77...

UnknownUnicorn64583787 Updated 

Thank you my client for telling me that after I went to check, I found that they had copied my point of view. The Federal Reserve released the minutes of the Federal Open Market Committee (FOMC) monetary policy meeting from October 31 to November 1.Judging from the content, policymakers generally believe that interest rates will remain restrictive for a period...

UnknownUnicorn64583787 Updated 

OPEC+ will hold a meeting this weekend, and WTI oil traders will face significant risks.If more and longer production cuts are announced at the OPEC+ meeting, oil prices may pick up As can be seen from the chart, oil has been in an upward trend, but it has not broken through the middle edge of the trend line. So we are still waiting to fall to the support...

UnknownUnicorn64583787 Updated 

The annualization of the total number of new housing starts in the United States and the total number of construction permits announced on Friday have shown a strong rebound. We all know the stimulating effect of real estate on economic growth. The continued rise in real estate data will also push up the prices of raw materials, home improvement appliances and...

UnknownUnicorn64583787 Updated 

Oil was blocked from the middle edge of the trend line yesterday and began to fall As long as oil breaks through 78.4, there is still a lot of room for growth above, so the resistance of 78.4 is still observed today. Oil is still on the upward trend for the time being, so you can still choose to buy at the support point You need to strictly set the stop loss...

UnknownUnicorn64583787 Updated 

This week, focus on the release of the latest minutes of the Federal Open Market Committee meeting and existing home sales data for October on Tuesday, and the release of durable goods data for October, the University of Michigan consumer confidence data for November, and the number of people applying for unemployment benefits at the beginning of each week on...

UnknownUnicorn64583787 Updated 

This is my forecast in the morning. Now that the oil has risen to the middle edge of the trend line, observe the resistance of 78.4. Judging from the news, the OPEC+ meeting is discussing further production cuts, which may intensify tensions with the United States. At the same time, the market is focusing on whether Saudi Arabia and Russia will extend voluntary...

UnknownUnicorn64583787 Updated 

The number of people continuing to apply for unemployment benefits in the United States reached the highest level since 2022, and the number of people applying for unemployment benefits for the first time rose to 231,000, the highest level in nearly three months.Coupled with recent inflation data, it strengthens the view that the Fed is unlikely to raise...

UnknownUnicorn64583787 Updated 

The EIA report shows that the inventory of Cushing crude oil in the key hub of the United States has increased, rising to the highest level since August last year.In addition, the monthly report of the American Petroleum Institute (API) showed that oil shipments in October increased by 4.6% year-on-year to 31 million barrels per day.Oil supply increased by 3.2%...

UnknownUnicorn64583787 Updated 

Yesterday, oil fell rapidly, broke below the five-day line, and returned to the downward trend again. From the chart, it can be seen that 75-76 has certain support. We need to observe the support strength of the previous low of 75. If it falls below the previous low, the room for decline will be opened. So we can short and sell along the resistance point now...

UnknownUnicorn64583787 Updated 

The U.S. PPI in October exceeded expectations and fell to 1.3% year-on-year, down 0.5% sequentially to the largest monthly decline in three and a half years since April 2020.The core PPI grew at zero in October and increased by 2.4% year-on-year to the lowest since the beginning of 2021. The unexpected slowdown made the market further believe that the Fed's...

UnknownUnicorn64583787 Updated 

The inflation index was released last night. Data from the U.S. Bureau of Labor Statistics showed that the U.S. CPI rose by 3.2% year-on-year in October, slower than September's 3.7% and lower than the expected 3.3%. The QoQ growth rate slowed from 0.4% in September to 0, which was also lower than the expected 0.1%. The Fed is more concerned about core...

UnknownUnicorn64583787 Updated 

Oil peaked at around 79.8 yesterday. Due to signs that tensions in the Middle East may ease and uncertainty about U.S. crude oil inventories, it fell to near 77.7 yesterday. As can be seen from the daily line, the price has been supported and stabilized near the lower Bollinger band, and has emerged from a continuous rebound trend. Although the price fell after...