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3.30 Gold and crude oil Monday opening market trend prediction and latest exclusive operation suggestions and guidance
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Hello everyone, today XM Forex will bring you "[XM Foreign Exchange Market Analysis]: 3.30 gold and crude oil Monday opening market trend prediction and the latest exclusive operation advice guidance." Hope this helps you! The original content is as follows:
Plan your trades, trade your plans, don’t take chances when it xmaccount.comes to trends, otherwise you will be in extreme pain and upset if you accidentally get caught. The market is full of opportunities, and opportunities are reserved for those who are prepared. If you still miss the opportunity every time, you will be indifferent, and the result will be another slap on the thigh. Don't be too xmaccount.complacent when making money in the market, and don't be dejected when losing money. Try to maintain a balance and take a professional view of your trading. Don't expect that your trading will definitely be one way or the other. What you are looking for is a thoughtful consideration of the facts, rather than catching wind and shadow.
Gold market trend analysis:
Gold news analysis: The gold price fluctuated more than 300 US dollars last week, showing the trend characteristics of "V-shaped reversal followed by shock and stabilization". At the beginning of the week, the price of gold continued the plummeting trend last week, reaching as low as 4351, and then ushered in a strong rebound. On March 25, the single-day increase was significant, and international gold increased by 3.18%, setting the largest single-day increase in recent times; however, the rebound momentum failed to last, and on March 2 Gold prices pulled back again on the 6th, with international gold falling by more than 2% in a single day, giving up part of the previous day's gains; in the last two trading days of this week, gold prices gradually stabilized and fluctuated, relying on key support levels to launch a weak rebound. In the end, international gold closed up, forming a volatile and rising pattern throughout the week. This is mainly driven by two forces: on the one hand, the Federal Reserve’s hawkish signal, the postponement of interest rate cut expectations and the strengthening of the US dollar have suppressed gold prices; on the other hand, continued geopolitical risks (such as the situation in the Middle East) have provided safe-haven support for gold prices.
Gold technical analysis: This week’s weekly line shows a shock and stabilization pattern of “two yin and three yang”.In the rebound repair stage. As of the close of this week, the daily closing price stood firm at the 13-day exponential moving average, and the closing price was higher than this week's opening price, forming a trend of closing with a slight increase in volume, confirming the effectiveness of the short-term rebound momentum. From the perspective of technical indicators, the MACD indicator shows signs of turning into a golden cross below the zero axis, and the green kinetic energy column continues to narrow, indicating that the short-term momentum is gradually exhausted and the bullish power is slowly recovering; the RSI relative strength index is currently running in the 45-50 range, has not entered the overbought or oversold area, and is in the transition stage from neutral to weak to neutral and strong, indicating that the short-term trend is still dominated by shocks, and there is no clear unilateral trend. The short-term daily level is likely to maintain a strong trend of shock, and focus on the breakthrough of the lower track support and the middle track resistance.
Four-hour level: This week shows the trend characteristics of "V-shaped reversal + narrow range shock". In terms of technical indicators, the four-hour MACD indicator turned briefly after the formation of the golden cross, and is currently oscillating near the zero axis. The kinetic energy column narrows alternately, indicating that the short-term long-short game has intensified and there is no clear direction; the RSI indicator rebounded quickly after falling below 30 in the oversold zone on March 24, and is currently running near 50, at the watershed between strength and weakness, further confirming the shock pattern. In terms of support and resistance, the short-term support level on the four-hour line is the 4440-4450 range (the lower edge of the previous shock platform), and the upper resistance level is near 4550 (near this week’s rebound high). If the hourly line can break through the upper resistance level next Thursday, it will further open up room for rebound. If it falls below the lower support level, it may return to shock below 4400.
Hourly level: The hourly line has experienced rapid ups and downs many times this week, with a single-day fluctuation of more than 100 US dollars, reflecting the intensity of the short-term capital game; in the last two trading days of this week, the hourly line's shock range has gradually narrowed, and the fluctuation has dropped to less than 50 US dollars, indicating that short-term market sentiment has stabilized, and both bulls and shorts are temporarily waiting and watching. From the perspective of technical indicators, the hourly MACD indicator repeatedly switches between golden crosses and dead crosses, and the kinetic energy column continues to fluctuate at low levels, indicating that the short-term trend is weak and is dominated by shock consolidation; the RSI indicator fluctuates repeatedly in the 30-70 range, without obvious overbought and oversold signals, which is consistent with the hourly line shock pattern. In terms of support and resistance, the hourly short-term support is 4473 (near this week's close and the lower edge of the recent shock platform), and the upper resistance is near 4538. Overall, there is no clear unilateral trend at the hourly level, and the short-term trend is still mainly range-bound. We need to focus on the fluctuations caused by unexpected news.
Based on this week’s closing trend, it is expected that spot gold will still maintain a wide range of shocks next week, showing an overall trend of “stronger shocks and intensified long-short games”. Specific operational suggestions: In the short term, the suggestion is to call back 4471 Participate in bullish orders nearby to protect the middle track of the 4460-hour Bollinger Bands, with a target around 4516; if the market rises to around 4516 first, you can start placing short bearish orders, protecting 4527 here, and targeting 4473. In the medium and long term, you can wait for the gold price to drop to around 4424 and participate in long orders to see the upside., protect the 4400 mark, and the target is to see whether the gold price can touch the 4600 position. On the whole, in terms of short-term operation ideas for gold next week, He Bosheng recommends to focus on the low and long positions, supplemented by rebounding from high altitudes. The top short-term focus will be on the 4555-4600 first-line resistance, and the bottom short-term focus will be on the 4450-4400 first-line support.
Crude oil market trend analysis:
Crude oil news analysis: In the U.S. market last Friday (March 27, Beijing time), U.S. crude oil traded around $101.10 per barrel. Oil prices closed higher on Thursday as market hopes for a quick end to the war in the Middle East gradually faded. Oil prices closed higher on Thursday, with Brent crude oil futures rising 5.7% to $108.01 a barrel and U.S. crude oil futures rising 4.6% to $94.48 a barrel, as market hopes for a quick end to the war in the Middle East gradually faded.
Crude oil technical analysis: Looking at the daily chart of crude oil, oil prices have risen sharply to above $110 due to the influence of geopolitical macroeconomics. The moving average system diverges upward, and the mid-term objective trend direction is upward. The trend fluctuated at high levels supported by oil prices, and the bullish momentum showed strong performance. The medium-term trend is expected to remain bullish. The short-term (1H) trend of crude oil is maintaining a low level and consolidating, showing a secondary shock rhythm, and remains unchanged according to the subjective trend direction. The short-term objective trend is sideways and the rhythm is oscillating. The MACD indicator gradually crosses the zero axis, the slope is slow, and the bullish momentum gradually increases. It is expected that the trend of crude oil will continue to fall back to the main line during the day. Taken together, in terms of crude oil operation ideas next week, He Bosheng suggests to focus on the low and long rebounds, supplemented by rebounding high. The top will focus on the 110.0-115.0 first-line resistance in the short term, and the bottom will focus on the 95.0-90.0 first-line support in the short term.
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]: 3.30 Gold Crude Oil Monday Opening Market Trend Prediction and Latest Exclusive Operation Suggestions and Guidance". It is carefully xmaccount.compiled and edited by the XM Foreign Exchange editor. I hope it will be helpful to your trading! Thanks for the support!
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