Gold came under selling pressure on Wednesday as US retail sales fell at a slower pace than expected in October. The reason for the pullback in spot gold after hitting a weekly high of 1975, failing to hold above $1970, is mainly due to the rebound in the US dollar and the rebound in US Treasury yields. Spot gold fell on Wednesday, retreating from a high of...
Us EIA crude oil inventories for the week to November 10 were released yesterday afternoon, showing a rise of 3.6 million barrels to 421.9 million barrels, expectations for a rise of 1.793 million barrels, the previous value of 13.869 million barrels, negative for oil prices. With global demand for crude oil slowing and supply increasing, some analysts believe...
Oil prices rose and fell, and the U.S. CPI data released in the evening showed that the annual rate of CPI reached 3.2%, the lowest since July this year, boosting market risk appetite. After the data was released, the dollar fell sharply, risk assets rebounded, and oil prices quickly pulled up from the intra-day low, but the final oil price did not hold the...
Yesterday, the Federal Reserve released CPI annual rate data performance is relatively poor, below market expectations. The dollar fell in response. Gold rose on the day. Early this morning, 1961-1962 straight up. Continuation of yesterday's trend, the horizontal directly broke 1971. Programme: 1977-1980 empty, objectives 1970-1966:; Step back 1966-1963 more. If...
Today, under the influence of CPI data, gold pulled up from 1944 to near 1970, followed by a continuous pullback, the current price 1962, the follow-up focus on the lower 1944 support level, we can short near 1965-1970, and long in 1950-1955! If you are confused about trading, please join me, I believe you will have a great harvest!
After today's CPI data was released, crude oil rose rapidly, reaching a maximum of 79.77, and then continued to reverse the increase, the current position is 78.3, below the support position of the rising channel, we can be long crude oil in this position! If you are confused about trading, please join me, I believe you will have a great harvest!
Gold fell for three consecutive days, the front because of the geopolitical impulse to basically smooth out the bulls, and all the way down even broke the 1970-1953 support, the current minimum to 1947, the general trend is strong and weak, the market is also going down, the current consideration is how to card points to short, from the current 4 hours and hour...
Crude oil continued to fall yesterday, from Friday to the present 4 even negative, down nearly 1000 points, yesterday's rebound space is slightly smaller, yesterday's rebound near 77.5 pressure, the European and American trading fell to a new low to 74.9, the daily line is in the bearish down, the day's rebound is the opportunity to empty, bearish not chase...
As Treasury yields edged back up, gold came under pressure, falling back from above $1,990 during the day, although last week's weak NFP forecast brought forward Fed rate cut expectations, but the gold price did not seem excited about it. For this week, gold will continue to track events in the Middle East, while a number of Federal Reserve officials will make...
Gold closed on Friday 1992, now looking to move up the range to 1990-2010, next week focus on whether gold can stand above 1990! If you are confused about trading, please join me, I believe you will have a great harvest!
This week, crude oil has been running between 80 and 83.2, which is in line with my previous forecast, and I have made very good profits in this range by going short on highs and long on lows. Follow-up focus on whether the yuan oil breaks through the sub-range! If you are confused about trading, please join me, I believe you will have a great harvest!
Today, gold did not fluctuate much before the data appeared. When the data became positive across the board, gold once rose to near 2003. We continuously shorted at this position and chose to close the position in 1996, finding that gold did not have a rebound trend, so we continued to sell in 1996, and finally closed all orders near 1988. Congratulations again...
The important support below crude oil is around 80.8, the upper pressure is 83.5, we are still trading in this range today, and we have a very good profit! If you are confused about trading, please join me, I believe you will have a great harvest!
Today, gold fluctuated throughout the day, basically running between 1980 and 1990, without much volatility. Focus on tomorrow's non-farm payrolls and October US unemployment figures! If you are confused about trading, please join me, I believe you will have a great harvest!
Today, crude oil is still oscillating between 80 and 83, and continue to pay attention to whether it breaks through this range! Today, we are once again in the range of high short, low and long, harvested a good profit! If you are confused about trading, please join me, I believe you will have a great harvest!
After yesterday's pullback, crude oil continued to rise today to near the pressure level of 83.2, peaking at 83.4, we are trading in this range, and the profit is very good! At present, the price of crude oil is around 82.2, if you can continue to do more after encountering support, in the short term, crude oil is a volatile trend, must grasp the direction of the...
From the technical point of view, the current formation of a double top shape, the future market bearish, but due to the support and data near 1975 led to a temporary rise in the market, the subsequent energy is insufficient, and now has fallen to near 1979. Continue to pay attention to the impact of the meeting in two hours, if it breaks 1975, continue to...
The current price of crude oil is 82.7, reaching the main support position below, and the current price is directly long! If you are confused about trading, please join me, I believe you will have a great harvest!