When it rises, it will fall, when it falls, it will rise, when it is afraid of missing out, when it enters the market, it wants to protect its capital, and it carries the banner of love, but it does not do a thing that insists on love, and I never feel that the market is terrible, and what is terrible is the sloppiness of people's hearts and self-denial.
During the Asian session on Wednesday (April 24), spot gold fluctuated in a narrow range and is currently trading near $2,323.77 per ounce. Gold prices rebounded on Tuesday after briefly falling below the 2,300 mark to hit a fresh more than two-week low as fears of escalating tensions in the Middle East waned, as investors awaited key economic data for more clues on the timing of U.S. interest rate cuts.
Iran said last week that it had no plans to retaliate after an apparently Israeli drone attack eased fears of a wider conflict, and financial markets showed signs of increased risk appetite. Israel stepped up its attacks across Gaza on Tuesday with the heaviest shelling in weeks, and the army ordered a withdrawal from northern Gaza, warning civilians that they were in a "dangerous fighting zone."
U.S. business activity cooled in April, hitting its lowest level in four months, weighed down by weak demand and a slight decline in inflation despite a sharp rise in input prices, suggesting that future pressures may ease and the Fed is looking for signs that the economy is slowing enough to bring inflation down further.
4.24 Spot Gold Market Analysis:
Gold opened yesterday near 2327, the Asian market began to plummet after a slight upward pressure position of 2334, and the European market continued to refresh the new intraday low to 2291 after a slight shock at a strong support position, and then the U.S. market began to rise, and the end of the day basically wiped out all the declines in the day, and the daily line received a small yin trend with a long lower shadow. On the daily line, the Bollinger bands are in a state of operation, the K-line is fluctuating near the middle track, the MA5 and MA10 moving averages are turning around and diverging downwards in the running trend, the MACD energy column is gradually increasing in the trend, the KDJ indicator is a golden cross, and the daily cycle looks at today's bottoming up, and the callback is in place, and the upward trend continues today. Short-term Bollinger band opening upward trend, K-line strong support rebound, MA5 and MA10 moving average upward divergence in the running trend, MACD energy column gradually in the reduction of the operation, KDJ indicator golden cross, short-term to see the bottom of the rebound trend, wash trend, the overall trend or see the rise, low more operation can be.
4.24 Spot gold operation suggestions:
1. Go long near 2313/2315 below, stop loss 6.5 US dollars, and the target is 2332-2350-2373;
2. Test long near 2292/2294 at any time, stop loss of $6.5, and target 2310-2330;
3. Short near 2375/2378 above, stop loss 6.5 US dollars, target 2363-2352;
4. If the market changes, we will give suggestions separately, please pay attention;
4.24 Spot White Bank Analysis:
Silver opened near 27.12 yesterday, the Asian market slightly pulled up the upper pressure position of 27.36 after the first line began to fall, the Asian market refreshed the new intraday low to 26.66 line position and began to rebound up, the U.S. market continued to rise, the end of the market continued to the high pressure position near 27.37, the high shock closed, the daily line received a long shadow of the small yang trend. On the daily line, the Bollinger band is in the running state of closing, the K-line is oscillating near the middle track, the MA5 and MA10 moving averages turn around and diverge downward in the running trend, the MACD energy column is running in a large volume, the KDJ indicator is a dead fork, and the daily cycle continues to look at the trend position of the bottom rebound today, the daily line is still the bull market unchanged, and the callback is just to repair the trend. In the short term, the opening of the Bollinger band runs upward, the K-line runs near the upper side, the MA5 and MA10 moving averages in the middle of the track begin to run upward, the MACD energy column is gradually shrinking, the KDJ indicator is a golden cross, and the short-term high level should be called back, but the overall strong pattern remains unchanged, and the callback is much lower.
4.24 Spot Silver Operation Suggestions:
1. Go long near 26.82/27 below, stop loss $26.63, target 28-28.58-29.24;
2. Test long near 26.55/26.63 at any time, stop loss 26.32 US dollars, target 27.24-28;
3. Short near 29/29.23 above, stop loss 29.48 US dollars, target 28.63-28.24;
4. If the market changes, we will give suggestions separately, please pay attention;
4.24 Crude Oil Market Analysis:
Crude oil opened yesterday near 82.13, in the Asian market shock trend, the European rebound pressure position 83 line began to fall after the first line, the U.S. market opened after testing the lower low support level 80.9 line after the rebound rose, the end of the continuous surge, refresh the new intraday high to 83.4 line, the daily line to receive a long shadow of the small yang trend. On the daily line, the Bollinger band is in a state of closing, the K-line rebounds after testing the lower rail support, the MA5 and MA10 moving averages in the middle of the track began to flatten the running trend, the MACD energy column volume trend, the KDJ indicator is a dead fork, the daily line big cycle looks at today's bottoming up trend, but the rebound encounters an important pressure position, today's first rise and then fall trend, rushing up and falling. Short-term Bollinger band opening upward, K-line near the upper bracket, MA5 and MA10 moving average in the middle of the position upward divergence operation state, MACD energy column is gradually shrinking the operation, KDJ indicator dead fork, short-term to see the high fall, today's pressure position is mainly short.
4.24 Crude Oil Operation Suggestions:
1. Test short near 84.3/84.6 above, stop loss 85.8, and look at 82.6-80.8 under the target;
2. Test 86.2/86.5 near short at any time, stop loss 87.4, and look at 84.3-82 under the target;
3. Go long near 80/80.3 below, stop loss 79, target 81.4-82.6;
4. If the market changes, we will give suggestions separately, please pay attention;
(The above article was originally written by Xiaobing Finance, please indicate the source for reprinting.) Xiaobing Financial Management warmly reminds that investment is risky, and you need to be cautious when entering the market. The above only represents the personal views of Xiaobing Financial Management, and is not used as a basis for operation, and the operation is at your own risk)