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9.25 Gold fluctuates at a high level and falls, crude oil rises strongly. Analysis of today's market trends and operation suggestions
Wonderful Introduction:
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Hello everyone, today XM Foreign Exchange will bring you "[XM Foreign Exchange Market Review]: 9.25 gold fluctuates at a high level and falls, crude oil rises strongly. Today's market trend analysis and operation suggestions". Hope it will be helpful to you! The original content is as follows:
Those who save yourself can save others. The hard thing is not that you make a profit every day, but how to solve it when you are in adversity. People's will will be shaken with the passage of time and the influence of objective things. You must seek internally in good times. Only those who know themselves can be wise and go to a higher point. When you are in adversity, you must seek internally. Only when you are strong can you defeat the enemy and win! All external roots xn--xm-6d1dw86k.come from our inner self! We cannot change the uncertainty of objective things, but only by following the laws of objective things from the beginning to the end can we go further! And the so-called law is actually a fait accompli in historical data! Human nature is difficult, so history will happen again! Just like spring, summer, autumn and winter, the four seasons are reincarnated, birth, old age, sickness and death, joy, anger, sorrow and happiness! The same is true for the market! Because the essence of the market is a game of human nature!
Analysis of the latest gold market trend:
Analysis of gold news: On Wednesday (September 24), spot gold fluctuated and fell at a high level. It is currently trading at $3,752.26 per ounce, not far from the historical high set overnight. Spot gold hit another record high at $3790.97 per ounce on Tuesday, and finally closed at $3763.93, up 0.46%. On the one hand, the continued fermentation of the Fed's expectation of interest rate cuts has injected strong impetus into the gold market; on the other hand, the escalation of geopolitical tensions has further stimulated investors' risk aversion demand. Although Federal Reserve Chairman Powell expressed caution about the economic situation, market sentiment is still clearly biased towards bulls. The key inflation data to be released on Friday, and the gold market is in a highly sensitive period. The strong rise in gold prices is mainly due to the synchronous efforts of two core engines: the risk aversion demand stimulated by geopolitical tensions, and the market's continued interest rate cuts on the Federal ReserveBet firmly. Looking ahead, whether the upward channel of gold can continue will depend closely on the performance of key economic data and the evolution of macro uncertainty.
Gold technical analysis: The recent market trend and rise and fall are xn--xm-6d1dw86k.completely within expectations. Gold and silver have gone beyond the limit of the rise. In principle, it is bullish and not to guess the top. It is reasonable to fall back and go long. This is the idea that He Bosheng has always emphasized recently. In the trend on Tuesday, after gold fell to 3735, He Bosen gave a long tip. After the rise was at 379, Powell spoke at midnight, gold fell to around 3752, which also avoided the risk of falling. Therefore, you can see that the current market is clear, but the risk of chasing the rise is also high. The most stable trading method is to fall back to go long. Silver stepped down after reaching 44.5, and now the lowest is 43.8. With the same strategy, silver is also an effective long order for the decline. Today on Wednesday, the trend of gold and silver has not changed, and it remains bullish, and the strategy of falling and long remains unchanged.
For the intraday market, continue to keep bullish and not chase the rise, fall back and go long, and do not guess the top principle. After an extreme rise to 3791 on Tuesday, midnight made a strong adjustment, with a low of 3752. The decline of the 40 US dollars has not changed the temporary bullish trend of gold. At present, it is at most that gold may fluctuate at a high level. Therefore, the principle of keeping the low-bang principle remains unchanged today, and see if the 3800 mark breaks. From a technical perspective, the k-line currently closes below the Bollinger upper track, and it may close after continuous adjustments on Wednesday and Thursday. Therefore, it is obviously bullish at present, but don’t be too bullish. There may be a medium-term adjustment during the adjustment. Please pay attention to this. The short-term support is 3737, and the strong support below is 3715. As long as this is not broken, it is difficult for gold to change in strength and weakness.
The gold 4-hour cycle showed a three-consecutive performance at a high level, changing the previous performance of closing positive and hitting new highs. This performance may be a signal of peaking this week. If it falls continuously on Wednesday, then it will peak in the medium term, and it may go to 3715 or even lower below. However, if it continues to close higher on Wednesday and destroys this continuous negative, the bulls will burst out again, and the market will still have a new high in the future. Overall, although gold has the risk of medium-term adjustment in the short term, as long as it does not clearly reach its peak, try to focus on low-funds. The support within the small cycle is 3737 and 3715, and the gains and losses of the 3800 mark above. Overall, in terms of today's short-term gold operation ideas, He Bosheng recommends that rebound short sellers should be the main focus, and the retracement should be the low-shorts should be the auxiliary. The short-term focus should be on the 3780-3790 line resistance, and the short-term focus should be on the 3735-3725 line support.
The latest trend analysis of crude oil:
Crude oil news analysis: In the early Asian session on Wednesday, Brent crude oil futures rose 0.27 US dollars to $67.90 per barrel, and US WTI futures rose 0.28 US dollars to $63.69. The day before, the two benchmark oil prices were bothUp more than $1. The market generally believes that the main reason for the short-term rise is supply tightening. First of all, the pipeline exports from Iraq's Kurdish region to Turkey have not yet recovered, and about 230,000 barrels per day of crude oil remained in a deadlock. The Iraqi central government, Kurdish local government and relevant oil xn--xm-6d1dw86k.companies have not reached an agreement on the issue of debt repayment guarantee. The current rise in oil prices is not due to improved demand, but is dominated by supply disturbances. Decline in U.S. stocks, Kurdish export deadlock and Venezuela's supply constraints are all exacerbating market supply tightening expectations. However, once official data confirms that inventory increases, oil prices may face pressure to correct. Overall, oil prices in the medium and short term still have support, but volatility will increase. We need to be wary of the short-term impact caused by data release.
Crude oil technical analysis: From the daily chart level, crude oil has been continuously closed and stopped, forming a narrow range bottom, oil prices repeatedly cross the moving average system, and the medium-term objective trend fluctuates pattern. Oil prices fell below the lower edge of the range on Monday, and there has not yet been a continuous and powerful downward trend. It is expected that the medium-term trend of crude oil will remain weak and volatile consolidation pattern. The short-term (1H) trend of crude oil stopped falling and rebounded, and rebounded all the way upward. The moving average system is arranged in a bullish manner, and the short-term objective trend direction is upward. The MACD index passes through the zero axis on the fast and slow line, and runs at a high level above the zero axis, and the bulls perform strongly. From a more advanced version, crude oil fluctuates in range. According to the principle of small levels obeying large levels, the short-term trend in the day should be maintained mainly in the upward rhythm within the range. Overall, in terms of today's operational ideas of crude oil, He Bosheng recommends that the main focus should be on the low-sinking back, and the rebound should be supplemented by the high altitude. The short-term focus should be on the 65.5-66.5 line resistance at the top, and the short-term focus should be on the 63.0-62.0 line support at the bottom.
Things you must know when facing losses:
1: Like to buy at the bottom/top. Whenever the market is at a historical low/high price, you will be happy and start to make arrangements as soon as you reach the low/high level. But unexpectedly, since a price has hit a historical low/high level, it is very likely that another new low/high will appear;
2: Unwilling to stop loss is often a kind of luck mentality , because sometimes it is found that the price will xn--xm-6d1dw86k.come back shortly after the stop loss, so I will hold this hope next time, but the consequences of not stop loss are more serious big losses or liquidation, which is absolutely not feasible in long-term investment. "Severe the loss and let the profit run" is indeed a famous saying;
3: Don't dare to follow the trend: Many friends are afraid of lows/high symptoms, and think that gold and crude oil have fallen, so what should I do if I chase it if I am trapped? In fact, there is no inevitable connection between the rise and fall and the price level. He Bosheng believes that the key lies in the "trend". Intervening after the upward trend is formed. This operation method is very safe, and it also makes huge profits in the short term. This kind of low or high may not only cause a missed profit, but also causes the bottom or top buying situation at the first point, which leads to losses.
He Bosheng's message: I don't have gorgeous language here, only real transactions.And Mingming Lang Lang's operations, the market has only one direction, not bulls or shorts, but right direction. Reasonable risk control + good investment returns allow every retail investor to find the real pleasure of investing, and no longer the hard trading of their own every day but the continuous increase in losses. I have always believed that choice is more important than hard work. A good instructor and a good technical team should be more responsible to customers in addition to bringing profits to customers. Individual investors, if they face the market alone, they are easily confused by the authorities and are caught off guard when encountering sharp rises and falls. If someone can see the situation clearly outside the circle and give the direction, they can do better.
This article is exclusively planned by gold crude oil analyst He Bosheng. Due to the delay in online push, the above content is personal advice. Because the online publication is timely and the suggestions in the article are for learning reference only, and the risks of operating based on this are at your own risk. No matter whether the views and strategies of the article are consistent with everyone's opinions, you can xn--xm-6d1dw86k.come to me to discuss and learn together! There is nothing difficult in the world, I am afraid of those who are interested. Investment itself carries risks, reminding everyone to identify the authoritative platform and the strong teacher. Fund safety is the first priority, secondly, consider operational risks, and finally how to make a profit.
The above content is all about "[XM Foreign Exchange Market Review]: 9.25 gold fluctuates and falls at a high level and crude oil rises strongly today's market trend analysis and operation suggestions". It is carefully xn--xm-6d1dw86k.compiled and edited by the editor of XM Foreign Exchange. I hope it will be helpful to your trading! Thanks for the support!
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