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market analysis
Crude oil fell due to sudden ceasefire, gold and silver continued to gain more
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Hello everyone, today XM Forex will bring you "[XM Foreign Exchange Official Website]: Crude oil fell due to sudden ceasefire, gold and silver profits continued to increase". Hope this helps you! The original content is as follows:

Yesterday, the gold market opened at 4650.9 in early trading, and then the market fell first to around 4615, and then quickly rose to around 4695.4, and then fell back quickly. The daily minimum reached 4606.4, and then the market quickly rose during the US trading period. The daily maximum touched 4719 and then consolidated. The daily line finally closed at 4706.5. The line closed with a big positive line with a long lower shadow. After the end of this form, it has already risen in early trading today. The market retreated and continued to go long. At the point, the long stop loss of 4120 below followed up at 4400, 431 After reducing the long positions of 0, the stop loss will be followed at 4500. Today, the long positions of 4735 will be stopped at 4728. The targets are 4775 and 4800 and 4820 and 4835 and 4850.

Yesterday, the silver market opened at 72.766 in early trading. After the market first fell back to 70.286, the market quickly rose. The daily high hit 73.386 and then fell back twice. The daily low reached 69.761 and then rose in late trading. The daily line finally After closing at 72.946, the daily line closed in the form of a morning star with a very long lower shadow. After such a form, today's market rebounded and continued to rise. At the point, today's 74.6 plus stop loss is 74.35, and the target is 75.2 and 76, 76.5 and 76.8.
After the European and American markets opened at 1.15387 yesterday, the market fell first. After the daily low reached the position of 1.15229, the market rose strongly. The daily high hit the 1.16048 position and then consolidated. After the daily line finally closed at 1.15963, the daily line It closes with a big positive line with a long lower shadow. After finishing in this form, today's market continues to be bullish. In terms of points, today's stop loss is 1.16250 and 1.16000. The target is 1.16500 and 1.16700 and 1.16900 and 1.17000.

The U.S. crude oil market opened at 112.8 yesterday morning, and then the market first rose to 116.53, and then quickly fell back to 111.38, and then rose again. The daily high hit 117.77, and then the market fell back strongly, and the daily low reached 109.51. After finishing, the daily line finally closed at 111.14, and the daily line closed in the form of an inverted hammer with a very long upper shadow line. After such a form, today's market fell sharply in early trading, giving 104.5 a short loss. Below 105, the targets are 100, 98, 95, and 93, and if it falls below, 91 and 90.

After the Nasdaq opened at 24173.52 yesterday, the market fell first. The daily line reached the lowest position of 23768.95 and then rose in late trading. The daily line reached the highest position of 24287.97 and then consolidated. After the daily line finally closed at 24230.12, the daily line closed in the shape of a hammer with a very long lower shadow. line, and after such a pattern ended, today's market went back to the long side. In terms of points, today's 24550 plus stop loss is 24480, and the target is 24750, 24850, and 25000.
Fundamentals, yesterday's fundamental ADP report: In the four weeks as of March 21, U.S. private sector employers added an average of 26,000 jobs per week. Earlier this morning, the President of the United States stated that based on his talks with Pakistani Prime Minister Nawaz Sharif and Pakistani Army Field Marshal Asim Munir, they asked me not to deploy destructive forces to Iran tonight, and on the condition that Iran agrees to fully, immediately and safely open the Strait of Hormuz, I agree to suspend bombing and attacks on Iran for two weeks. This will be a two-way ceasefire! The reason for this is that we have met and exceeded all military objectives and have made significant progress toward a long-term peace agreement with Iran and a Middle East peace agreement. We have received Iran's ten-point proposal and believe it is a crediblebasis for negotiation. Nearly all past points of contention between the United States and Iran have been agreed upon, and two weeks will allow the deal to be finalized and put into effect. As President of the United States and on behalf of the nations of the Middle East, I am deeply honored to make progress on this long-standing problem. On the news, crude oil prices plummeted, and gold, silver and non-U.S. currencies rose strongly. After all, inflation and recession expectations after the peace agreement and the U.S. debt crisis will be the main driving forces for gold and silver. Today's fundamentals focus on the EIA crude oil inventory in the United States for the week to April 3 at 22:30, the EIA Oklahoma Cushing crude oil inventory for the week until April 3, and the EIA Strategic Petroleum Reserve inventory for the week until April 3. Tomorrow morning, focus on the release of the minutes of the Federal Reserve's monetary policy meeting at 2:00.
In terms of operation, gold: the long stop loss of 4120 below will be followed at 4400, the long stop loss of 4310 will be followed at 4500, and the stop loss of long 4735 will be 4728 today. The target is 4775, 4800, 4820, 4835 and 4850.< /p>
Silver: 74.6 today, stop loss 74.35, target 75.2 and 76, 76.5 and 76.8.
Europe and America: Stop loss 1.16250 today, stop loss 1.16000, target 1.16500 and 1.16700 1.16900 and 1.17000.
U.S. crude oil: Given a short loss of 104.5, the target below 105 is 100 and 98, 95 and 93, and if it falls below, 91 and 90.
Nasdaq: Today, 24550, stop loss 24480, target Look at 24750 and 24850 and 25000.
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