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11.26 Gold and crude oil fell sharply. Latest market trend analysis and today’s exclusive operation suggestions and guidance.
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Hello everyone, today XM Forex will bring you "[XM Foreign Exchange Decision Analysis]: 11.26 Gold and crude oil fell sharply, the latest market trend analysis and today's exclusive operational advice and guidance." Hope this helps you! The original content is as follows:
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Analysis of the latest gold market trends:
Analysis of gold news: During the Asian market on Tuesday (November 25), spot gold once hit a week-and-a-half high of $4,155.70 per ounce, and then fell slightly, and is now trading around $4,145, an increase of about 0.21%. The rise was mainly driven by market expectations for a dovish stance by the Federal Reserve - following recent statements by a number of heavyweight Federal Open Market xm-forex.committee (FOMC) officials, the market is widely betting that the Fed will cut interest rates again in December. That curbed the dollar's momentum to extend last week's rally to multi-month highs, providing support for zero-yielding gold. In addition to monetary policy factors, the ongoing Russia-Ukraine conflict and the new outbreak of armed confrontation in the Middle East have together constituted another driving force supporting safe-haven gold.
Gold technical analysis: Gold's rise last night was supported by geopolitical risk aversion in the US market. The expected probability of the Federal Reserve cutting interest rates increased to 80%. Gold formed an upward support and gold has effectively broken through.It broke and stood firmly at the 4100 line, and the daily line closed in the positive direction. Yesterday, the European market made a w-bottom at the sub-low of 4040, and then rose after stabilizing. Carefully observe the market conditions during this period, and you will see that they all make a W-bottom rise. Due to yesterday's strong closing, we will see an inertial rise today and focus on long opportunities during the day's correction. It is expected that the price will fall around 4110-4100 and focus on long opportunities. The strong pressure above is located near 4180-4200, which is the triangle upper track area. Today, a morning rising pattern has been formed, which leads to a differentiation point. It rises after the morning low. In this trend, the watershed is the morning low. According to the double principle, the watershed cannot be broken. Therefore, if we continue to be bullish, the adjustment in the afternoon will not be too large. If it is too large, it will be deformed. According to the hourly line of Dayang, the long position today is at the 4110-4100 line. On the whole, today's short-term gold operation thinking, He Bosheng recommends to focus on callbacks to do longs, supplemented by rebounds to go shorts. The top short-term focus will be on the first-line resistance of 4150-4170, and the bottom short-term will focus on the first-line support of 4100-4080.
Analysis of the latest crude oil market trend:
Crude oil news analysis: During the Asian session on Tuesday, U.S. crude oil traded at US$58.77/barrel, which did not continue yesterday's rising trend. The overall sentiment of the city is weak, and the core reason is that the market re-evaluates the future supply structure. As the United States continues to push for peace discussions between relevant parties, traders have begun to bet on possible supply loosening in the future, making it difficult for oil prices to maintain their previous rebound momentum. The current weakness in oil prices is more influenced by expectations than direct changes in actual supply and demand. Uncertainty about peace negotiations, the possibility of loosening sanctions and adjustments to Asian procurement flows have brought the market into a highly sensitive range. In the absence of new demand-side stimulus, oil prices may continue to maintain a moderate downward trend, but any changes in supply expectations may amplify short-term fluctuations.
Crude oil technical analysis: From the daily chart level, and from the local level, the current oscillation rhythm of crude oil is a minor one, with the K line closing 3 negative lines in a row and testing towards the early low of 56. The MACD indicator formed a dead cross near the zero axis, and the short momentum showed signs of gradually increasing. If the 56 strong support level is broken, the crude oil trend will enter a downward rhythm in the mid-term. The short-term (1H) trend of crude oil found support at 57.40 and rebounded upward. The moving average system turns upward and the short-term objective trend direction is upward. The MACD indicator speed line crosses the zero axis and coincides with the bull kinetic energy pillar, indicating that the bull kinetic energy is abundant at the moment. The trend in early trading is still in the upward rhythm of the main trend. It is expected that after a narrow adjustment within the day, there will still be a wave of upward space. 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 58.5-59.5 first-line resistance, and the bottom short-term focus is on the 56.0-55.0 first-line support.
He Boxheng’s message: The characteristic of novices is that they don’t understand technology and enter the market blindly. They only consider the first issue every time they trade: they think that as long as they predict the rise and fall of the market, they can do the transaction. This approach of emphasizing direction and ignoring positionMake traders xm-forex.completely defeated. In fact, there is a big difference between the "trend" and the "direction" of following the trend, because the direction of market movement appears to be oscillating, and the market trend is often global. What I can do here is help you control your positions reasonably, use support and resistance levels to place orders, and make every order logical and traceable. You should not enter the market at will when buying and selling points. Please be responsible for your own funds. At the end of the article, He Boxheng wants to say that if you are really unsure about the market, you can xm-forex.come and find He Boxheng. One more analyst will not cause you any loss. Always remember one sentence, professional people do professional things, all actual operations are only for profit, and cooperation is only for a win-win situation.
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 xm-forex.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 xm-forex.comes first, secondly consider operational risks, and finally how to make profits.
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