3.7Comment on the US market: Crude oil continues to fluctuate, gold and silver bears need to be cautious

at presentcrude oilThe price rebounded slightly during the trading session and rose, currently with53.3Trading near the US dollar; The largest annual crude oil industry conference in the Americas is still ongoing, and energy ministers from multiple countries will deliver speeches, including Russian Minister Novak, Saudi Energy Minister Farih, and Iraqi Oil Minister Aruabi. Investors still need to closely monitor their statements, search for clues for the next investment, and be wary of their statements igniting the oil market.

International Energy Agency in the demand market（IEA）3month6The report released today predicts that global oil demand will increase on average every year for the next five years1.2%The report also states that India and China will contribute approximately half of the growth in oil demand. according toIEAPreviously, it was expected that India's oil demand would continue in the future25Annual reaching every day1000Ten thousand barrels, making it the country with the fastest growth in global demand. The increase in demand in India will present an unprecedented opportunity
Lingxiao Chongjin: Analysis of Crude Oil Market
There was a wave of overnight rise and fall in crude oil prices, but the morning consolidation did not continue. The short-term rise in European oil prices can be considered as a continuation of the overnight rise. Currently, the bullish and bearish factors in the crude oil market continue to be anxious. Although there is a short-term rise, overall oil prices are still in a state of oscillation, and the overnight rise is hindered53.7The US dollar, held after falling back53The US dollar fluctuates near the level, while below it52.5The support of the US dollar has stabilized for two consecutive trading days, and there is basically no downward trend in the short term, so it is better to watch for fluctuations.

Lingxiao Chongjin: Crude Oil Trading Strategy
Bounce to53.7Empty, stop loss54(Strong resistance above, stop loss is essential. If you break the stop loss, stop loss in a timely manner. Do not carry orders. It is recommended to use US crude oil as the standard. For friends who do not convert, please refer to the details.)--Inquire Lingxiao(lxcj1234）, target53(Shaking stage bottom).
Lingxiao Chongjin:goldMarket analysis
So it's only natural to continue bearish under the pressure of the daily chart today, with support from below1216-20Region, current prices1225Position, the downward space is not very large, it may fluctuate downwards and fall below1223Last week's low point, and then it will slowly rebound. Recently, the market has been running slowly, and the large fluctuations are concentrated in the later stage of the US market, possibly in the second half of the night. Therefore, for the horizontal market during the day, what we need is patience. We need more patience to hold positions than before, just like yesterday. Many investors may have taken short positions, but they can persist until the US market and close them1230There isn't much below, giving time to the market and letting it go in the right direction is a problem that all investors need to face now, whether long or short. Please give time to the market!

Lingxiao Chongjin: Gold and Silver Trading Strategy
Gold: Short positions are not recommended at the moment, as they are now approaching support and stable, waiting for confirmation from the US market20-16Support for entering multiple orders, stop loss5US dollars, target see1235。
Silver: rebound17.8Entry empty order, stop loss18US dollars, target see17.3。
Investment carries risks and caution is required when entering the market,The above viewpoints and strategies are for reference only. It is recommended that investors make their own decisions and trade with a balance of stop loss and take profit, bearing the risks themselves.
I also hope that investors understand that the market is always right. If you are wrong, you should summarize where your own problems lie and not let the profits that should have been obtained fly away.

This article was written by independent writer Ling Xiaochong Jin (micro)/Letter:lxcj1234）Writing, public/Number:lxcj6688The verbal suggestions only represent personal opinions and are for reference only. The market is volatile, so be cautious when operating! Please indicate the source when reprinting the article