Crude Oil Technical Analysis Daily resistance is 85.7, support below is 83.4-80 Four-hour resistance is 85.5-85.7, and support below is 83.4-82.5 Crude oil operation advice: Yesterday's volatile market ushered in a deep v bottoming and rebounded. The Asian and European market prices were under pressure and fell back to the 83.3 mark. The US market stepped down...
Gold technical analysis Daily resistance is 2361, support below is 2320 Four-hour resistance is 2361-69, square support is 2334-25 Gold operation suggestions: Judging from the current trend, the short-term support below will focus on 2334-25, the important support will continue to focus on around 2319, and the pressure on the top will focus on the 2361-69 area....
In early trading in Asia on Friday (April 26), gold fluctuated within a narrow range around the 2330 key point. The United States announced an unexpected slowdown in economic growth in the first quarter and higher-than-expected inflation. The US dollar was hit, and gold rose by more than $16. The United States After the GDP data was released, the price of gold...
Spot gold technical analysis Daily resistance is 2350, support below is 2320-2300 Four-hour resistance is 2334-64, square support is 2320-2300 Gold operation advice: Gold rebounded after bottoming out in the U.S. market yesterday. After hitting the lowest near 2291, it began to counterattack in the U.S. market, and the highest hit near 2332. After two months of...
Crude Oil Technical Analysis Daily resistance is 83.4-85.7, support below is 80-78 Four-hour resistance is 83.4, support below is 81-80 Crude oil operation advice: Crude oil fell first and then rose yesterday, ushering in a deep v bottom, rebounding and breaking through the high. The price of the Asian and European markets was under pressure and fell back to the...
Gold technical analysis Daily resistance is 2450, support below is 2326 Four-hour resistance is 2400, support below is 2365-2352 Gold operation advice: Yesterday, it was said in the article that the daily dividing line between long and short is 2320. Obviously our operation idea is to go long above 2320. From the daily analysis, the upper pressure is 2400 and the...
Crude oil analysis Daily resistance is 87.7, support below is 83.4 Four-hour resistance is 87.7, support below is 86.3 Crude oil operation advice: Today, focus on the strong pressure above 87.7 from the four-hour and daily levels, and the support below is around 86 and 83.4. When crude oil falls to 86 and 84 and is blocked, you can participate in the long...
Daily resistance is 2374, support below is 2326-2320 Four-hour resistance is 2374, support below is 2326-2320 Gold operation advice: Last Friday, relying on the 2370 mark, the unilateral rise and breakout trend started, and then further accelerated to reach the 2390 mark. The U.S. market ushered in an accelerated surge to break through the 2400 point integer...
Gold technical analysis Daily resistance 2400-2450, support below 2342 Four-hour resistance 2400-2420, support below 2383 Gold operation advice: Yesterday, the technical aspect of gold ushered in a strong bottoming out by bulls after repeated consolidation around the 2347 mark and rebounded to a new high. The overall price formed a strong counter-package by bulls...
Gold technical analysis Daily resistance is 2370, support below is 2337-2300 Four-hour resistance is 2365-70, support below is 2344-37 Gold operation advice: The technical side of gold rose first and then fell on Tuesday. The price in Asia and Europe stabilized at 2338 and ushered in a bullish shock and broke through the high. It further accelerated to break...
Gold market analysis: Daily resistance is 2366, support below is 2300-2280 Four hours 2344-37, support below 2300 Gold operation advice: Judging from the current trend, the lower support today will focus on 2320. After falling below, look towards the 2300 area. The upper pressure is 2350 and the 2358-60 area. Continue to rely on this range for sales during the...
Gold was helped by central bank buying and geopolitical tensions, with strong economic data failing to dampen the metal's appeal. In recent times, the price trend of gold has attracted much attention, and today the price of gold hit a new high again. Gold has had a meteoric rise over the past two weeks or so. Still, a generally positive tone for equities...
Daily resistance is 2354, support below is 2300-2276 Four-hour resistance 2342-54, support below 2300-2276 Gold operation advice: From the perspective of the general cycle trend of gold, the gold weekly maintains an upward trend, with high points being refreshed again and again, with the target targeting 2400. Although there is hope that it will continue to break...
Daily resistance is 85.5-88, support below is 82.6 Four-hour resistance is 85.5-86.5, support below is 84.2-83.5 Crude oil operation advice: Yesterday, crude oil also reached a new high, and the price also began to fall around 85.5. The overall trend above is in line with expectations. From the daily level analysis, the current big support below is around 82.6,...
A weaker U.S. dollar and geopolitical tensions provided support to gold prices. According to the latest news, three Iranian soldiers were killed in terrorist attacks on two military headquarters in southeastern Iran. Federal Reserve Chairman Powell reiterated the path of interest rate cuts this year. The US dollar was sold off. International gold reversed...
Gold continued its gains on Wednesday and then began to fall after reaching 2288. Traders snapped up safe-haven assets amid rising tensions in the Middle East. Largely ignored, a stronger U.S. dollar and bets on U.S. interest rate cuts have sent gold prices to another record high. Data released on Monday showed that U.S. manufacturing activity expanded in...
The price of gold fell back on Monday. Earlier, as the market's expectations for the Federal Reserve's interest rate cut in June increased after the PCE data last Friday, gold once refreshed its all-time high to 2265, but then the price of gold gave back part of the gains. On the one hand, bulls took profits. On the other hand, the U.S. ISM only returned above the...
Crude Oil Technical Analysis Daily resistance is 82-83, support below is 80.45 Four-hour resistance is 82.5, support below is 80.5 ✅Crude oil operation suggestions: Crude oil prices edged higher as a weaker dollar and renewed geopolitical tensions in the Middle East and Eastern Europe heightened concerns about supply disruptions. Recent Ukrainian attacks on...