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12.2 Analysis of the latest price rise and fall of gold and crude oil prices and today’s exclusive operation suggested layout
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Hello everyone, today XM Forex will bring you "[XM Official Website]: 12.2 Gold and Crude Oil Latest Market Up and Down Trend Analysis and Today's Exclusive Operation Suggestion Layout". Hope this helps you! The original content is as follows:
There are no absolutes in the market, and there is no set trend in ups and downs. Therefore, a balanced judgment on the ups and downs of market conditions is your magic weapon to win. Desire! There is an Italian proverb: Let money be our loyal servant, otherwise it will become a domineering master. Both short and long positions can make money, only greed cannot. Do you control desire, or does desire control you? The ancients said: If you don't accumulate silicon steps, you can't reach a thousand miles, and if you don't accumulate small streams, you can't become a river. I hope this sentence can become a mutual encouragement between us. Self-knowledge! It is important for people to know themselves. This principle applies to any industry, and it is the same in the financial circle. If you don't know it, you will make mistakes, and making mistakes will make you sad. People need to breathe, and perfect trading is like breathing. Stay flexible and don't have to trade in every band. The secret to profitable trading is to implement simple rules, do simple things repeatedly, and implement them strictly in the long term!
Analysis of the latest gold market trends:
Analysis of gold news: In the US market on Monday (December 1, Beijing time), spot gold was trading around US$4,231 per ounce. The metal market experienced an overall rise in November. Spot gold hit a two-week high of $4,226.56 per ounce last Friday, and silver set a new historical record, demonstrating the strong momentum of the precious metals market. The recent dovish stance of Federal Reserve officials, coupled with the weak economic data released after the U.S. government was shut down, have jointly strengthened the market's expectations of interest rate cuts, providing strong support for gold, which does not earn interest rates. Despite the strong performance of precious metal prices, the physical demand side has diverged. Gold demand in major Asian markets has been suppressed. Although the wedding season in India has begun, high gold prices have significantly depressed demand.This restrained retail investors’ willingness to buy.
Gold technical analysis: From a technical point of view, the gold weekly fell back to support the 10-week moving average and rebounded again. Last week, it closed a solid positive line, driving the 5-week moving average to diverge upward again. The price of gold is expected to continue to rise this week. In the short term, focus on the 4245 first-line resistance. Once it breaks through 4245, The line is expected to continue to challenge the previous high of 4381. Therefore, the current gold operation is mainly to do long by stepping back. From the daily level, gold stepped back and pierced the mid-rail support and did not continue to fall, but gradually fluctuated and rose. The price continued to rebound relying on the 5-day moving average. The current price has pierced the previous high of 4245, indicating that the market is at During the strong period, short-term gold continues to rise based on the 5-day moving average of 4180. The 4-hour gold level broke through the upper line of the triangle convergence range last week. In the short term, gold will inertially go out for a wave of rise. The market is mainly bullish at the beginning of the golden week. Trade as low as possible. The lower part of the small cycle is supported at 4205.4180. .The top will focus on 4255.4300-4355. On the whole, today's short-term operation of gold, He Bosheng recommends to focus on callbacks and longs, supplemented by rebounding from high altitudes. The top will focus on the 4250-4270 first-line resistance in the short term, and the bottom will focus on the 4200-4180 first-line support in the short term.
Analysis of the latest crude oil market trend:
Crude oil news analysis: On Monday (December 1), U.S. crude oil rose by approximately 1.23% and traded around US$59.55 per barrel. As winter demand approaches, OPEC maintains production limits for the first quarter of 2026. Under the influence of broad market sentiment driven by expectations of interest rate cuts, crude oil prices have successfully stabilized above the $59/barrel mark. The current key price level will determine the sustainability of this rebound. Negotiations on the Russia-Ukraine peace agreement continue to make progress, reducing the possibility of violent fluctuations in the crude oil market and providing continued impetus for the rally in precious metals. U.S. stock indexes and precious metals continue to approach key resistance levels and are facing the choice of reaching new highs or experiencing a deep correction. This trend will set the tone for global market sentiment.
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 continues to fluctuate upward, with rapid recurrence during the upward movement, and long and short kinetic energy frequently alternate. In early trading today, oil prices were supported by the moving average system, and the short-term objective trend was upward. The MACD indicators are intertwined above the zero axis, and the bullish momentum is exhausted. It is expected that the trend of crude oil will continue to fluctuate upward during the day with a high probability. On the whole, today's crude oil operation thinking is based on He Bosheng's suggestion to rebound low and long, supplemented by rebounding high. The top short-term focus is on the 60.5-61.5 first-line resistance, and the bottom short-term focus is on the 58.5-57.5 first-line support.
This article is exclusively planned by He Bosheng, a gold and crude oil analyst, and written byDue to the delay in network push, the above content is a personal suggestion. Due to the timeliness of publishing online, the suggestions in this 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 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.
The above content is all about "[XM Official Website]: 12.2 Gold Crude Oil Latest Market Rise and Fall Trend Analysis and Today's Exclusive Operation Suggestion Layout". It is carefully xm-forex.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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