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10.21 When will gold fall after it surges to a new high? The latest operating suggestions for today’s crude oil market
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Hello everyone, today XM Forex will bring you "[XM Foreign Exchange Market Analysis]: When will gold fall when it surges to a new high on 10.21? The latest operation suggestions for crude oil today". Hope this helps you! The original content is as follows:
For the recent ups and downs of the market, repeated long and short conversions, many investment friends are caught off guard, or do not know where to start. They fall as soon as they buy, rise when they exit, and continue to lose orders back and forth. In fact, this is what happens to many novice friends. I would like to tell you that when doing transactions, first of all, do not operate frequently, and secondly, you need to have a good understanding of the market. Accurate control and sticking to your own trading system, of course, are all empty talk for some novice friends. After all, they have just entered the market and do not have a strict trading plan. Most of them are chasing the rise and killing the fall, resulting in serious losses. If you are in the same situation when you read the article at this moment, you can consult me for xmaccount.communication. I can help you point out all the problems in the order, so that you can avoid detours in the transaction process.
Analysis of gold’s latest market trend:
Analysis of gold news: Gold prices returned to a strong trend again on Monday, and the market as a whole still tends to believe that the Federal Reserve will continue the xmaccount.communication path of “maintaining higher for a longer period but no longer significantly increase” after entering the silent period of interest rate discussions, and inflation data will become the core of the next guidance. Fiscal and policy uncertainty provides a hedging premium. The U.S. government shutdown has entered a delaying situation. Fiscal constraints have disturbed short-term growth expectations. The discount rate of risky assets fluctuates in tandem with the risk premium. The ambiguity at the policy level has helped gold maintain a certain safe-haven premium at a high level. Geographical and financial aspects are still supported by "slow variables". The situation in the Middle East is heating up in stages, making the tail probability of "event risk" not to be ignored, and gold's hedging and hedging functions continue to be priced. In the medium and long term, the official sector’s demand for gold purchases is in line with ETF holdings.The position still provides "slow variable support" to hedge against the profit-taking impact of some short-term funds during periods of high volatility. At the same time, the relative strength of the Swiss franc and the Japanese yen when risk appetite cools will jointly affect the marginal buying and hedging intensity of gold, together with the rotation of the US dollar.
Gold technical analysis: Gold was under pressure of 4270 all day and fluctuated back and forth during the day. However, in the end, gold was still stimulated by risk aversion in the US market. Gold once again broke through the bulls and rose again. 4270 is the current watershed between long and short. Since it has broken through 4270, gold will maintain a strong pattern in the short term, and the US market will continue to follow the trend when the US market falls. Today's strong rise shows that gold is still the same as the previous times, quickly xmaccount.completing the adjustment, indicating that gold bulls are still as strong as ever. The market is now relatively volatile, and patiently waits for the fall to continue to follow the trend and continue to increase.
Returning to the 1-hour gold level on the disk, the moving average continues to have a golden cross upward to maintain the bullish arrangement, and gold bulls are still strong. Gold prices continue to strengthen in the short term after strongly breaking through the 4325 resistance, and gold bulls are expected to break through Friday's new high again. In late trading, focus on the important short-term support level of 4320 below. In terms of operation, it is recommended to rely on the 4320 support and fall back to be an opportunity to go long. On the whole, today's short-term operation of gold, He Bosheng recommends to focus on callbacks and shorts, with the upper short-term focusing on the first-line resistance of 4380-4400, and the lower short-term focusing on the 4320-4300 first-line support.
Analysis of the latest crude oil market trend:
Analysis of crude oil news: During the Asian market on Monday (October 20), U.S. crude oil (WTI) continued to fluctuate downward, with a decrease of approximately 0.31%, approaching the 2025 low of US$55.12/barrel. Market sentiment has eased, and trade concerns have temporarily cooled, providing some support for oil prices. This week's talks are still the focus of the market, and investors generally expect that the xmaccount.communication is expected to continue the previous positive tone, thereby limiting the downside of oil prices. Brent crude oil remained near $61, while WTI stabilized above $57, indicating that short-term buying power is still maintaining a stable market bottom. However, from a medium- to long-term perspective, stress factors have not yet eased. The oil market is driven by sentiment and events in the short term, dominated by structure and inventory in the medium term, and returns to the supply and demand trend in the long term. The biggest contradiction at the current stage is that sentiment supports short-term prices, but the logic of supply and demand suppresses trend space. If trade uncertainty recurs, oil prices may still return to the fundamental track, and the central fluctuation range may remain weak. Strategy still needs to control the pace and positions.
Crude oil technical analysis: From the daily chart level of crude oil, oil prices have fallen below the lower edge of the range, and the objective trend is downward in the medium term. Oil prices fell sharply in a single day, and the subjective and objective trend directions have been downward. The MACD indicator fast and slow line opens downward below the zero axis, indicating that short kinetic energy has the upper hand. The medium-term trend of crude oil is expected to be volatile and downward. The short-term (1H) trend of crude oil rebounded with support near 56.10. Oil prices are above the moving average system, and the short-term objective trend direction is in a transition period. MACD fast and slow line indicator is at zeroThe bottom below the axis opens up and has not yet crossed the zero axis, so the short kinetic energy still has the upper hand. It is expected that after the crude oil trend rebounds slightly during the day, it will still maintain a downward trend. On the whole, today's crude oil operation thinking is based on He Bosheng's suggestion to rebound from high altitudes, supplemented by falling back to lows. The top short-term focus is on the 58.5-59.5 first-line resistance, and the bottom short-term focus is on the 55.5-54.5 first-line support.
This article is exclusively planned by He Bosheng, a gold and crude oil analyst. Due to the delay of network push, the above content is personal advice. Due to the timeliness of online publishing, the suggestions in this article are for learning reference only. You should operate at your own risk. Regardless of whether the views and strategies of the article agree with others, you can xmaccount.come to me to discuss and learn together! Nothing is difficult in the world, as long as there are people who are willing. Investment itself carries risks. I remind everyone to look for authoritative platforms and powerful teachers. Fund safety xmaccount.comes first, secondly consider operational risks, and finally how to make profits.
The above content is all about "[XM Foreign Exchange Market Analysis]: When will the gold surge break through a new high on 10.21 and fall? The latest operation suggestions for crude oil today". It is carefully xmaccount.compiled and edited by the editor of XM Foreign Exchange. I hope it will be helpful to your trading! Thanks for the support!
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