- 50:
- 50
- 40:
- 40
- 30:
- 30
Gold closed slightly lower the next day, retreating from a three-month high, under pressure from the earlier strength of the U.S. dollar, and the euro fell due to weak German industrial data and tensions before the French election. Oil prices fell by more than % the next day, under pressure from the U.S. Crude oil and gasoline inventories surged, and the increase was much higher than expected. There are signs that a strong rebound in U.S. shale oil production is complicating efforts by the Organization of the Petroleum Exporting Countries (OPEC) and other oil-producing countries to reduce oversupply. Although support for production cuts remains, U.S. production and inventory factors have a negative impact on market capital formation. In addition to the psychological pressure, factors such as crude oil pipeline easements have made matters worse.
It was announced that U.S. crude oil inventories increased by 10,000 barrels in the week ending March 1, to . bucket. Cushing crude oil inventories increased by 10,000 barrels. In addition, gasoline inventories increased by 10,000 barrels last week, recording an increase for the second consecutive week. Analysts expected an increase of 10,000 barrels. Refined oil inventories increased by 10,000 barrels last week, while analysts expected an increase of 10,000 barrels. U.S. crude oil imports increased by 10,000 barrels last week to 0.000 barrels per day.
Gold market analysis
Looking from the daily line, gold has received a negative line with a long lower shadow. The opening of the Bollinger Bands has slowed down its upward trend. Each moving average is still in a bullish arrangement, and the line runs in the Bollinger Bands. Between the upper track and the five-day moving average, the two lines in the attached picture cross the golden cross above the axis and rise slightly. Looking from the four-hour line, the Bollinger Bands shrink and run upward, and the line runs near the five-day moving average, with There is a downward trend of cross, the double lines in the attached picture have a downward trend of cross, the red volume can shrink sharply, and the indicator is neutral. According to Luo Qiheng's analysis, gold prices fell from a three-month high, pressured by the earlier strength of the U.S. dollar, while the euro fell due to weak German industrial data and tensions ahead of the French election. In Luo Qiheng's view, the price of gold is expected to rise further in the future, and in terms of operation, it is still recommended to fall back and go long.
Gold operation suggestions
, Go long near the gold dollar, stop loss to the dollar, and look to the target direction
, Go short near the gold dollar, stop loss to the dollar, and look to the target direction
Crude oil market analysis< br/> Oil prices almost made a big move the next day. After the shock at the beginning of the day, the European and American markets fell sharply. The unexpected surge made oil prices worse. In response, oil prices fell sharply in the short term and fell below the mark. The decline continued at the beginning of the day. Judging from the data, the oscillation pattern that lasted for about a month is expected to break the deadlock in the evening. The daily line recorded a large negative column for two consecutive trading days. The two-day decline directly caused the oil price to fall from the top to the bottom of the range. The bullish orders initially guided the next day seemed so foolish. The daily line had a tendency to fall sharply. The breaking trend immediately started and the four-hour continuous negative line basically established the short-term trend. After the gap opened low in the morning, it was better to look at the gap filling in the day. , so don’t blindly chase shorts first. The indicators also need to rebound and be repaired. Generally speaking, shorting is the main focus. Operation idea: If the lower part of the Asian market touches the US dollar, you can go short and long, stop loss. The US dollar, target. Above, go short the US dollar, target.