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4.10 Analysis of the latest market trends of gold and crude oil surges and today's exclusive operation suggestions and guidance
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Hello everyone, today XM Foreign Exchange will bring you "[XM Official Website]: Analysis of the latest market trends of gold and crude oil surges and today's exclusive operation suggestions and guidance." Hope it will be helpful to you! The original content is as follows:
The recent market rises and falls, and the frequent long-short conversions are frequent. Many investment friends are caught off guard, or don’t know where to start. They fall as soon as they buy, rise when they exit, and return consecutive losses. In fact, this is a situation that many novices will encounter. Let me tell you here that first of all, don’t operate frequently when doing trading, and secondly, you need to have a precise control of the market and stick to your own trading system. Of course, these are empty talk for some novices. After all, there is no strict trading plan to enter the market. Most of them are chasing up and selling down, which leads to serious losses. If you see the article at this moment, you can consult yourself to xmserving.communicate and help you point out all the problems in making orders, so that you can avoid detours in the process of trading.
Analysis of the latest gold market trends:
Analysis of gold news: On Wednesday (April 9), as the dollar weakened and the market risk aversion sentiment heated up again, gold prices rose by nearly 33%. China previously announced that it would impose more tariffs on US products, further exacerbating Sino-US trade tensions. As of press time, spot gold rose 3.37% to $3,087.74 per ounce. Investors seek safe-haven assets after U.S. President Donald Trump's "peer-to-peer" tariffs xmserving.come into effect, international gold prices on Wednesdayrise. In addition, the weakening of the US dollar and the rising expectations of US interest rate cuts also provided support for gold prices. Gold has experienced some violent fluctuations recently, partly because margin notices and forced liquidation have played a role in the current overall "hazard-haven" atmosphere. In the wider market, bond yields soared and stocks plummeted, which is undoubtedly a loud recession alarm. At the same time, the surge in yields also seems to suggest an intensified financing pressure, which has never bode well.
Gold technical analysis: The current gold continues to rebound, but it still remains the same as the previous view. The general trend is the bullish trend, but it is currently in the mid-term adjustment period. As I emphasized earlier, after the sharp drop in gold in the early stage, it is necessary to continue to be bullish without directly changing the current strength. This is also the reason why I have been reminding to go long in the past two days. From a technical perspective, Zhou Chu stepped back to around 2956 and ushered in a rebound and rise, the low point gradually moved up, and Wednesday's daily line closed with a big positive line. Then the 2956 position in the early stage formed a bottoming performance, and Bollinger's closing became more and more obvious. The technical conditions for this wave of bottoming have been met, so bulls broke out during the US session on Wednesday. As long as the current gold market is stable after 3100, you can continue to look up above 3117 or even 3135 or higher.
In the 4-hour chart of gold, you can see that the market has been rising sharply, with a head and shoulders bottom pattern of 2955 and 2970 at the bottom. So in the short term, first look at whether you can stand firm above 3117, and then see whether you can form a unilateral surge and reach a new high. Therefore, trading should still focus on long orders and wait for the trend to rise. The support below can refer to the US market's retracement position 3065 and 3035 on Wednesday to continue to be bullish, and make effective long positions above this position respectively. If the break is done, wait for the next support position to continue to go long. As long as you keep these two positions, you will continue to be bullish in the short term. Overall, in terms of today's short-term gold operation ideas, He Bosheng recommends that the main focus is on retracement and low-long, rebound high-altitude as the auxiliary. The short-term focus on the 3100-3110 line of resistance above, and the short-term focus on the 3065-3055 line of support below.
The latest market trend analysis of crude oil:
Crude oil news analysis: International crude oil prices have been hit hard again, and the market's concerns about the global economic recession are increasing. Brent crude oil futures fell $1.39, or 2.16%, to close at $62.82 per barrel on Tuesday, while U.S. crude oil futures fell $1.12, or 1.85%, to close at $59.58. This is the first time since 2021 that the two major oil price benchmarks both fell below key support levels. During the Asian session on Wednesday, U.S. crude oil fell inertia and fell below $57 intraday. There may be a possibility of an oversold rebound after a short-term acceleration, but the bear trend remains cautious before it has changed. The demand side data has not brought any signs of improvement. According to market research, U.S. crude oil and distillate stocks may both increase by 1.6 million barrels last week, which strengthens the market judgment of "softening consumption". The American Petroleum Association (API) and the Energy Information Administration (EIA) will release specific inventory data on Wednesday, if theThe confirmation of the scope will further intensify the pressure on crude oil selling.
Crude oil technical analysis: Crude oil continued to fluctuate downward on Tuesday, with a high of 61.7 on the same day. The lowest was 57.9. The daily line closed negatively at 58.2. The daily line looked strong, and oil prices will continue to fall. The four-hour line and hourly line both fluctuated downward. This morning, it continued yesterday's decline, approaching the 57 line. Pay attention to whether 57 can break down below. The daily line operation idea rebounded mainly short. The API data in the morning is favorable. Pay attention to the performance of EIA data in the evening, and focus on tariff news. Overall, in terms of today's operational ideas of crude oil, He Bosheng recommends that rebound high altitudes should be the main focus, and the retracement should be the low long as the auxiliary. The short-term focus should be on the 65.0-66.0 line resistance at the top, and the short-term focus should be on the 60.0-59.0 line support at the bottom.
He Bosheng's message: Now is the era of the rise of the investment industry, and I believe investors are also confused. For example, among the questions of what kind of investment, what platform to choose, how much money to put, whether the funds are safe, whether they can make profits, etc., He Bosheng has seen too many customers' experiences in recent years, and one year has doubled, one has lost half of the money in one month, and so on. I won’t choose to change anything, nor can I change anything. This is the market. What I can do is to make myself work harder, insist on doing my own transactions, and deserve the trust of my customers and me. I guarantee you too much, and what I get is a thousand miles apart. The trust between people is gradually lost. What I want to do is not a one-time transaction, but I hope for a good relationship that will last forever. He Bosheng helps you establish your own investment ideas so that you can go on for the long term, create brilliance together and win-win cooperation.
This article is exclusively planned by Gold Crude Oil analyst He Bosheng. Due to the delay in online push, the above content is personal advice. Because the online publication is timely and the suggestions in the article are for learning reference only, and the risks of operating based on this are at your own risk. No matter whether the views and strategies of the article are consistent with everyone's opinions, you can xmserving.come to me to discuss and learn together! There is nothing difficult in the world, I am afraid of those who are interested. Investment itself carries risks, reminding everyone to identify the authoritative platform and the strong teacher. Fund safety is the first priority, secondly, consider operational risks, and finally how to make a profit.
The above content is all about "[XM official website]: Analysis of the latest market trends of gold and crude oil surges and today's exclusive operation suggestions and guidance". It was carefully xmserving.compiled and edited by the editor of XM Forex. I hope it will be helpful to your trading! Thanks for the support!
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