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International Crude Oil During the meeting with Saudi King Abdullah last week, Bush hoped that Member states can increase crude oil production to stabilize oil prices. However, analysts believe that there will be no decision to increase crude oil production at the meeting on October 1. The price of oil surged around 100 yuan, attracting the attention of the world. But then it quietly began to fall. After struggling near the US dollar, it still failed to stop the decline. Nowadays, it is rare to hear some people mention how high or far oil prices can go. People's focus has slowly shifted to a combination of measures to stimulate the economy, which may be able to curb investors' extreme investment methods. But in the final analysis, crude oil is still one of the most important energy sources pursued by countries around the world. Perhaps it won't be long before oil prices become the focus of discussion again.
Operation suggestions From the technical perspective, the short-term gold price is facing a correction, and a variety of factors have restricted the gold price from continuing to rise. From an online perspective, there is obvious resistance above and strong support nearby. Short-term investors can perform swing operations in this area, and shorting on rallies is still a recent operation idea. Investors should operate with caution to avoid unnecessary economic losses. There are laws in everything. Nothing is certain. It is more eye-catching to have ups and downs. Such capital markets are more dynamic.