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2.11 Gold and crude oil fluctuate and rise, latest market trend analysis and exclusive operation suggestions
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Hello everyone, today XM Forex will bring you "[XM Forex]: 2.11 gold and crude oil's latest market trend analysis and exclusive operating advice on the volatile rise." Hope this helps you! The original content is as follows:
In the current gold and crude oil investment market, impatience and lack of patience are xmaccount.common problems among many investors. The main purpose of investors investing in foreign exchange is to make money. It is understandable to be eager to make money and eager to get rich. The key is that impatience itself does not help, but is harmful. As the saying goes, "fast is slow, slow is fast." This is the truth. Impatience is the biggest psychological misunderstanding that affects investment success, and patience is the best psychological quality of investors. The purpose of investment is to focus on future returns, and the meaning of investment contains the time factor, so foreign exchange investment requires time and patience. Practice shows that eager to get rich and chase It is difficult to get good results when rising and falling, but it is easy to make operational mistakes. When you don't understand, the best choice is to wait patiently and laugh best until the end.
Gold's latest market trend analysis:
Gold news analysis: On Tuesday (February 10), spot gold fluctuated lower. It ended the previous two consecutive trading days of rising momentum and is now trading around US$5,035 per ounce, down about 0.4% on the day. However, against the background of mixed bull and short signals, gold prices still showed some resilience near the psychological mark of US$5,000, and there was no strong follow-up selling. The results of Japan's early election last Sunday eliminated political uncertainty, and the price of gold continued to rise. Signs of easing tensions in the Middle East continue to provide support for market optimism, which has become a key factor in exerting downward pressure on safe-haven precious metals. At the same time, investors expect the Federal Reserve to implement at least two 25 basis point interest rate cuts in 2026. This expectation, coupled with continued concerns about the Fed's independence, has kept the dollar under pressure for more than a week.It is near the low since then (96.79), thus providing a boost to gold, which does not generate interest income. Traders also appeared reluctant to make overly aggressive directional bets ahead of Wednesday's U.S. non-farm payrolls report and Friday's latest U.S. consumer inflation data.
Gold technical analysis: Gold opened high yesterday and fluctuated at a high level. The market rebounded again in the evening, reaching the 5086 line. The daily line closed with a positive line and stood above the 10-day line. From a daily structure point of view, gold rose again yesterday and closed positive, which was mainly driven by three factors: first, the inertia of last Friday's positive recovery continued; second, the fundamentals still brought a certain degree of safe-haven buying sentiment; third, the downward adjustment of the US dollar also added to gold's rebound momentum. Although gold closed positive again yesterday and stood above the 10-day line, the amplitude of the positive line was not very large, and yesterday's session also showed a weak rise. Therefore, the current strength of gold should be viewed with caution. The daily structure is still regarded as the previous oversold rebound trend, but the short-term shock space has been enlarged, but it cannot change the mid-term adjustment trend. During the day, gold will first focus on the strong pressure in the 5090-5100 area of last week's rebound high, while below it will focus on the xmaccount.competition between the three moving average bands to support 5010, 4960, and 4920. On the whole, today's short-term operation of gold, He Bosheng recommends to focus on the low and long prices, supplemented by the rebound from high altitudes. The top short-term focus is on the 5110-5160 first-line resistance, and the bottom short-term focus is on the 5025-4975 first-line support.
Analysis of the latest crude oil market trend:
Crude oil news analysis: During the Asian trading session on Tuesday, the price of West Texas Intermediate crude oil (WTI) remained high and fluctuated against the backdrop of loose supply, trading around $64, indicating that market sentiment is still supported by geopolitical factors. Judging from the news, the phased easing of the situation in the Middle East has weakened part of the risk premium. After the United States and Iran held indirect xmaccount.communication on the nuclear issue in Oman, both sides expressed their willingness to continue negotiations, and the market's concerns about the rapid escalation of the situation have cooled down. The change has somewhat eased fears over shipping safety in the Strait of Hormuz, a waterway that carries more than 20 million barrels of global crude oil exports per day. However, the risk has not xmaccount.completely dissipated. The current rise in oil prices is not due to a substantial improvement in supply and demand fundamentals, but to the emotional support brought about by the fact that geopolitical risks have not xmaccount.completely subsided. As global inventories continue to accumulate and the oversupply pattern remains unchanged, oil prices will still face pressure in the medium term. In the short term, WTI crude oil may continue to fluctuate repeatedly within the range, and the market will pay close attention to changes in the geopolitical situation and the latest assessment of the supply and demand outlook by official agencies.
Crude oil technical analysis: From the daily chart level of crude oil, oil prices have ended the continuous positive situation, and the K line has closed the negative line of the big entity. The moving average system still relies on the long arrangement of oil prices, and the objective trend direction in the medium term remains bullish. The MACD indicator is above the zero axis, and the bullish momentum is dominant. The mid-term trend of crude oil is expected to be upward. The short-term (1H) trend of crude oil has gradually rebounded to the upper edge of the range. In early trading, oil prices were near the upper edge of the range.Minor narrow adjustment. The short-term objective trend direction is upward within the range. In terms of kinetic energy, the MACD indicator is above the zero axis, and the bullish kinetic energy is dominant. It is expected that crude oil will reach the upper testing range during the day, and the probability of a breakthrough is small. On the whole, today's crude oil operation thinking: He Bosheng recommends to focus on the lows and longs, supplemented by the rebound from highs. The top short-term focus is on the 66.0-67.0 first-line resistance, and the bottom short-term focus is on the 63.0-62.0 first-line support.
This article is exclusively planned by He Bosheng, a gold and crude oil analyst (WeChat: hbs66823 Guidance QQ number: 3289161814). Due to the delay in network push, the above content is a personal suggestion. Due to the timeliness of online publishing, the suggestions in the article are for learning reference only, and 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]: 2.11 Gold and Crude Oil Shock and Rise Latest Market Trend Analysis and Exclusive Operation Suggestions". 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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