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11.6 Analysis of the rising and falling trends of today’s gold and crude oil prices and the latest exclusive long and short operation suggestions
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Hello everyone, today XM Forex will bring you "[XM Group]: 11.6 gold and crude oil today's market rise and fall trend analysis and the latest exclusive long and short operation recommendations." Hope this helps you! The original content is as follows:
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Gold latest market trend analysis:
Gold news analysis: On Wednesday (November 5), spot gold remained stable within a familiar range. Global markets generally show a mild risk-off tone, providing demand support for this safe-haven metal. Spot gold was trading around $3,981 during the session, recovering slightly from Tuesday's low of $3,928. Risk aversion stems from a sharp sell-off in global stock markets, with weakness in U.S. technology stocks and artificial intelligence-related stocks becoming the dominant factor. Concerns about stretched valuations and warnings from Wall Street executives of a potential pullback triggered the decline, which rippled through markets in Asia and Europe. At the same time, the continued uncertainty caused by the long-term U.S. government shutdown has further exacerbated market caution. However, gold's recovery lacked strong follow-on buying support as a resilient US dollar continued to curb its upward attempts. But continued risk aversion and buying interest near recent lows should limit the downside.
Gold TechnologySurface analysis: Gold daily level: Yesterday it closed full Yang K, effectively losing the 5 moving average, becoming today's counter-pressure point 3985 line, the 10-day resistance moved down to the 4002 line, so the short-term greater pressure is on them. Before breaking through, the bottom must be maintained in a relatively weak range; and the weekly 10-day support moved up to 3888. It was also last week's low, and at the same time 39 The 15 line has also supported many times last week and has important split support. They also have large support buying, or waiting for the double bottom effect; gold is still a weak shock rhythm in the 1 hour, and the current market is ups and downs, but there is no unilateral market. Last night, ADP did not make gold have a strong market, so it will continue to fluctuate, and the rebound high will continue to be short. With the release of ADP data, it is slightly negative. The point that needs attention in the evening is still the high point of today's rebound around 3990, followed by the 3995-4000 area we talked about in the morning. Gold is currently under pressure below the 4000 mark, and short-term bears have the advantage. The 4000 line has become a key dividing line between bulls and bears, and the bearish trend will continue below it. Yesterday's second starting and falling point of 3990-3995 is an ideal reference short position. The current price pattern has turned from shock to weak, and the operating ideas should be adjusted simultaneously, with the main focus on short continuation. However, the fundamentals are still supportive, so it is not advisable to look too far ahead. It is recommended to focus on short-selling operations in the band and lock in profits in a timely manner. On the whole, today's short-term operation of gold, He Bosheng suggests shorting mainly on rebounds, supplemented by longs on callbacks. The top short-term focus will be on the first-line resistance of 4000-4030, and the bottom short-term will focus on the first-line support of 3940-3910.
Analysis of the latest crude oil market trend:
Analysis of crude oil news: On Wednesday (November 5), the crude oil market bottomed out and rebounded during the Asia-Europe time period, and is currently trading at 60.49. The increase is almost the same as yesterday's closing price. The bottoming of oil prices at the opening seemed to follow the overall sharp decline in global stock markets or the expectation of a contraction in economic activity reflected in the stock market decline was directly reflected in oil prices. Asian stock markets opened lower on Wednesday. The reason behind this was that short-selling institutions disclosed their short positions in stocks such as Nvidia, and the market was concerned that stock valuations were already high, especially for www.xmserving.companies related to artificial intelligence. Risk aversion has pushed the dollar stronger against other major currencies, making dollar-denominated crude more expensive for holders of other currencies, which could have an impact on demand.
Crude oil technical analysis: Looking at the daily chart of crude oil, the oil price touched the K line near 56 and closed three positive lines in a row, reducing the early downward decline. Oil prices cross the moving average system up and down, and the mid-term objective trend enters a volatile pattern. The MACD indicator opens upward below the zero axis, indicating that short momentum has weakened. It is expected that the trend of crude oil will pick up in the medium term, and the overall trend will mainly maintain a range-bound oscillation rhythm. The short-term (1H) trend of crude oil fell back to the lower edge of the original range, and the short-term objective trend direction maintained a volatile rhythm. Oil prices rebounded with effective support at the lower edge of the range. Oil prices adjusted at the bottom of their range in early trading. The MACD indicator fast and slow line is below the zero axis, and short kinetic energy has the advantage. Estimated dayCrude oil prices mainly fluctuated within the trading range. On the whole, today's crude oil operation thinking is based on He Bosheng's suggestion to mainly rebound from high altitudes, supplemented by falling back to lows. The top short-term focus is on the 61.0-62.0 first-line resistance, and the bottom short-term focus is on the 58.5-57.5 first-line support.
He Boxheng’s message: Now is the era of the rise of the investment industry, and I believe investors are also confused. For example, what kind of investment to invest in, what platform to choose, how much money to invest, whether the funds are safe, whether it can make a profit, etc. Among the questions, He Bosheng has seen the experiences of too many customers in recent years. Some have doubled several times in a year, some have lost half of their money in a month, etc. I won't choose to change anything, and I can't change anything. The market is like this. All I can do is make myself work harder, insist on doing my own transactions well, and live up to the trust my customers place in me. I promise you too much, but what you get is vastly different. The trust between people is slowly lost. What I want to do is not a one-time transaction, but a long-term and win-win relationship. He Bosheng helps you establish your own investment ideas, so that you can go forward in the long run, create brilliance and achieve win-win cooperation.
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 www.xmserving.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 www.xmserving.comes first, secondly consider operational risks, and finally how to make profits.
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