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9.11 Analysis of the rise and fall trend of gold and crude oil today and the latest exclusive long and short operation suggestions
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Hello everyone, today XM Foreign Exchange will bring you "【XM official website】: Analysis of the up and down trend of 9.11 gold and crude oil today and the latest exclusive long and short operation suggestions". Hope it will be helpful to you! The original content is as follows:
Same market, different guidance, different life. The characteristic of novices is that they do not understand technology and enter the market blindly. They only consider one issue each time they trade: they think that as long as they predict the market's rise and fall, they can make this transaction. This approach of focusing on direction and ignoring position has caused traders to fail. In fact, there is a big difference between the "momentum" and the "direction" that follow the trend, because the direction of the market's movement is in a volatile pattern, and the market trend is often global. What I can do here is to help you control your position reasonably, place orders using support and resistance levels, so that every order has reasonableness and traces to follow. The buying and selling points should not enter the market at will, please be responsible for your own funds. If you really can't grasp the market, you can xmaccount.come to find me. There will be no loss for you if you have an extra analyst. Always remember one thing: professionals do professional things, and all practical things are only for profits, and cooperation is only for win-win results.
Analysis of the latest gold market trend:
Analysis of gold news: During the US market on Wednesday (September 10), gold prices fluctuated and fell, and are currently trading around $3,642.88 per ounce. Gold prices experienced a roller coaster on Tuesday, fluctuating and rising to set a record high, and then giving up the gains, once hitting a record high of $3,674.36 per ounce, but then fell below $3,630 and finally closed at $3,626.13 per ounce. Although the employment correction data released by the U.S. Department of Labor is worse than market expectations, bulls took the opportunity to make a profit; the US dollar index rebounded from a seven-week low, and the U.S. Treasury yield rebounded from a low in the past five months, which also made gold bulls worried. Investors are currently focusing on the upcoming U.S. inflation data that will be released this week.
Gold technical analysis: The daily gold line closed yesterday at the long shadow hammer head negative K-line. Although the single K-line has short-term suppression, it may not be able to effectively block the rise in this round of strong unilateral pull-up. Under the strong pattern, such negative lines are mostly single negative corrections. It is still expected to close and rebound today, and there is no stagflation pattern of "high yin and yang cycle slow climbing" at present. At the same time, the 5-day moving average has always adhered to support and has moved up to the 3605 line today. As long as the moving average is not effectively broken, the strong unilateral upward trend will not change. The short-term negative will release pressure, which is more conducive to subsequent strong attacks on the continuous positive; if the inflation data is favorable tomorrow night, the gold price is likely to continue to rise and continue to set new historical highs; if the data is negative, there may be a high stagflation signal (such as the alternation of yin and yang, and the daily high point only breaks slightly), but it will not change the medium-term bullish logic. Judging from the current trend, 3605 continues to maintain unilateral bullishness, and it is expected that it will be difficult to reach the 5-day moving average support today.
From the 4-hour level, gold prices rose and fell last night and launched a short-term correction. Although they lost the 10-day moving average, there is strong support to buy on the middle track of the Bollinger Trail. Today, they directly rebounded continuously and repeatedly crossed the short-term moving average. Referring to the correction trend last Thursday, it is expected that the high level will enter a certain range to consolidate. This fluctuation can provide low-level bullish opportunities, and long-term sideways can repair the peak of the MACD wave, accumulating force for the next unilateral pull-up. The current 4-hour mid-track has moved up to the current low of 3619. As long as the price moves above this position, it will continue to maintain a bullish idea.
Recalling the recent pace, gold rose and fell on Tuesday to close the shooting star, but did not continue to fall on Wednesday, indicating that the retracement was only a "one wave of flow" adjustment, not continuous, and is a normal correction after a long rise. Even if the market peaks, it will not be so simple. At least it needs to go through the process of "high fluctuation and shortness" or "secondary upward attack lure long and then fall". Therefore, today's CPI data is the key node. At the short-term level, after the oscillation and pullback, it is also mainly fluctuating, and it is difficult to see a big rise and a big fall in a short period of time. Overall, in terms of gold's short-term operation ideas today, 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 3655-3665 line of resistance above, and the short-term focus on the 3620-3610 line of support below.
The latest market trend analysis of crude oil:
Crude oil news analysis: On Wednesday, the international crude oil market rebounded moderately. Data shows that Brent crude oil futures rose 0.53% to $66.74 per barrel, while U.S. WTI crude oil futures rose 0.57% to $62.99 per barrel. The rebound is backdrop to renewed tensions in the Middle East and the call for Europe to impose tariffs to limit Russian oil exports. Israel's attack on the Hamas leadership in Doha has caused a sudden escalation, while Qatar warned that peace talks may be blocked. Although the news initially pushed international oil prices to rise by nearly 2%, the gains quickly fell as the United States stated that such incidents would not happen again on Qatar territory. The current upward trend in oil prices is more about short-term geopolitical risk recommendationsMove, not fundamental improvement. Even if the United States promotes the implementation of tariff measures by the EU, policy uncertainty and implementation are difficult. In contrast, inventory accumulation and OPEC+ production increase are the key factors that determine the medium- and long-term trend. Therefore, oil prices are more likely to remain volatile in the future.
Crude oil technical analysis: From the daily chart level, crude oil has been continuously closed and stopped, forming a narrow range bottom, oil prices repeatedly cross the moving average system, and the medium-term objective trend fluctuates pattern. Oil prices fell below the lower edge of the range on Monday, and there has not yet been a continuous and powerful downward trend. It is expected that the medium-term trend of crude oil will remain weak and volatile consolidation pattern. The short-term (1H) trend of crude oil ends the downward trend, oil prices repeatedly cross the moving average system, and the short-term objective trend direction is mainly fluctuating. The MACD indicators run crosswise near the zero axis, and both long and short performance are ineffective. It is expected that the crude oil trend will remain mainly volatile during the day. Overall, in terms of today's operational ideas of crude oil, He Bosheng recommends that the main focus should be on the low-sinking back, and the rebound should be supplemented by the high altitude. 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 62.5-61.5 line support at the bottom.
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 posting 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 xmaccount.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 today's market trends of gold and crude oil and the latest exclusive long and short operation suggestions". It was carefully xmaccount.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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