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Suggestions for Late Evaluation of Gold and Crude Oil

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Tuesday(5month2day)goldThe price closed slightly higher, rebounding from the lowest closing price in three weeks set yesterday. According to analysis, this is mainly due to the market's dovish expectations of the Federal Reserve meeting, and Trump's political actions at home and abroad have also played a role in fueling the situation. New York Mercantile Exchange6Gold delivered on a monthly basisfuturesrise in price1.50USD or0.1%, closing at1257dollar/ounce;New York Mercantile Exchange7The price of silver futures for monthly delivery has fallen1.1Cents or0.1%, closing at16.831dollar/ounce.
  
There are reports that Saudi Crown Prince Salman has stated that,OPECAnd nonOPECThe scale of the oil production reduction agreement is unprecedented, but the most optimistic estimate for oil prices is expected to be55dollar/Bucket, minimum of45dollar/Barrel, market interpretation of Saudi Crown Prince's speech as acceptable to Saudi Arabia45dollar/The barrel price of oil has triggered a short-term drop in oil prices. Last night during the US trading session, the total value exceeded21A huge sales volume of billions of dollars suddenly fell from the sky, with both Meiyou and Buyou plummeting, with a decline of more than2%. Early morningAPIAccording to the published data,crude oilInventory exceeded expectations and decreased415.8Ten thousand barrels, a significant decrease in inventory temporarily halted the decline in oil prices, and a short-term rebound helped narrow the decline in oil prices.
  
Gold Market Analysis
  
The fluctuation of gold prices yesterday seemed somewhat ordinary, with an overall amplitude of less than6US dollars. Asian morning gold prices opened at1256.46dollar/After an ounce of trading, it fluctuated upwards and recorded an intraday high1257.61dollar/After the ounce, it turned narrow and consolidated. The fluctuation of European gold prices has increased. The initial gold price in the US market plummeted significantly, reaching an intraday low1251.79dollar/After the ounce, it began to rebound, but the bulls remained cautious and cautiously rose, eventually closing in1256.6dollar/Ounces. This grinding market has made many investment friends feel impatient, but we cannot let our guard down. This is the tranquility before the storm comes. Yesterday's gold price was affected by200The support of the daily moving average can still be monitored in today's operations. For such a volatile market, it is important to be careful to enter the market in advance and not look for too much profit. Announced todayADPBefore the data is collected, there will still be no surprises around it1250-1260Within this range, overestimating the low slag approach is sufficient. As forADPBefore the arrival, it is unlikely to break through early. If it breaks down, it will be at most possible1245-1250Here, up break1265-1270Here, three days of testing patience have arrived.
  
Recommendations for Gold Operations
  
  1. Suggestions below1250Long nearby, stop loss1247Nearby, target1259
  
  2.Suggest Above1259Short nearby, stop loss1263Nearby, target1253
  
Crude oil analysis:
  
    Crude oil, the previous week's decline was too large, so although it continued to adjust last week and digested some bearish pressure, the adjustment trend cannot be changed. Crude oil fell last Thursday48.2The rebound temporarily alleviated the adjustment of the market, but ultimately did not rebound at the end of the week, so this week49.7There are also adjustments below, and the slight fluctuations in Monday's market can be ignored. Yesterday's intraday rebound followed by a sharp decline in the US market, which should be the continuation of bearish behavior this week. The decline last night was quite large and close to47The position of the rising point, according to this logic, seems to have been mentioned earlier47-49The initial rise point was not significantly supported by regional fluctuations, which directly led to a decline47The low point area indicates that crude oil may have started to adjust after experiencing high level fluctuations. Yesterday's high point49.2It is a strong resistance point, and the daily line rebounds and shortes below it.
  
    Suggestions for crude oil operation:
  
  48.4Short nearby, stop loss48.9Nearby, target47.5。
  
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