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' Affected by the terrorist attacks in Belgium last week, the safe-haven demand for gold was temporarily boosted , but the boost is very limited. Gold bulls, affected by the hawkish messages released by Federal Reserve officials, showed a cautious attitude and did not follow the terrorist attacks to significantly push up the price of gold. Many officials from the Federal Reserve said on different occasions last week that the United States may take measures to raise interest rates in April, and pointed out that the U.S. economy has not entered a recession. Last Friday was the Easter holiday, and the activity of European and American markets was limited and the market was relatively deserted. However, the release of U.S. data that day still activated the market. The data was significantly better than expected and also suggested that the pace of U.S. economic recovery is moving forward steadily. The upcoming non-agricultural index for March this Friday will also limit the actions of bulls to a certain extent. From a technical perspective, the early strong momentum of gold has been curbed to a certain extent. After experiencing the recent low of US$/oz, the price of gold has rebounded to a certain extent. However, the resistance of US$/oz is obvious. Once it is blocked again and falls back, it may hit Crossing the important round number mark of USD/oz.
. <_ The market has raised expectations that production cuts or production freezes will be used to boost oil prices. Since last year, the market has been speculating that action on oil production would boost oil prices. The meeting of oil-producing countries was originally scheduled to be held in March, but was later postponed to March. Qiu Wenhao believes that the news of the cancellation of the March meeting will not have time to suppress oil prices before the news of the March meeting is announced. Although the production freeze is essentially meaningless, if oil-producing countries can take action at this meeting before March, it will undoubtedly increase the possibility of discussing production cuts in March.
< _ Short covering and technical buying and selling also provided support for oil prices. It broke through the USD/barrel mark for the first time this month, but has failed to hold this important mark so far. If investors were short crude oil at the beginning of the year, it would be difficult not to take profits by now. As the European market is still in the midst of the Easter holiday, trading in the crude oil market was light. Market sentiment is cautious ahead of a meeting of major oil producers next month to negotiate an output freeze. Although oil prices have been rising rapidly recently, the recent frequent negative news has made the market worried that the oil price rise may not be sustainable.
< , .3. Daily analysis, the gold price is currently running on the lower track of the Bollinger Bands. The Bollinger Bands are flat and moving upward. Pay attention to the position pressure of the daily moving average. The Bollinger Bands are running flat. The attached chart is running crosswise, with green kinetic energy. The strength of the Enhancement/Dead Cross running indicator is strong. On the hourly chart, the gold price is running above the lower track of the Bollinger Bands. The overall moving average diverges downwards. The short-term moving average is upward. The red kinetic energy in the attached picture is weakening. The Dead Cross indicator is running above the axis. On the whole, the hook-headed golden cross looks upward and the indicators are neutral. The operation is mainly overvalued and undervalued! < , .3 . . .Spot gold:
-Enter the market with an empty order in the range, stop loss a few points, and see -< , .3 . . .Spot gold:
-Enter the market with long orders in the range, stop loss by 1 pip, see on the target-