The overall trend of crude oil yesterday bottomed out and rebounded, which was in line with expectations, and the long positions at 72 and 71.5 were given very accurately, and the actual market gave the lowest long position near 71.4, ushering in a big profit of 73. Since crude oil has stepped back to around 71.5, we cannot be too aggressive in our bearish view,...
The US Consumer Price Index (CPI) data for September showed that the overall inflation level was slightly higher than market expectations, with an annual increase of 2.4%. Although it was lower than 2.5% in August, it was still higher than the 2.3% estimated by economists. The release of this data triggered sharp market fluctuations, especially in the gold and...
Gold's 4-hour trend is maintaining a relatively good oscillating downward trend along the short-term moving average. The short-term moving average continues to maintain a bearish divergence pattern. There is no sign of bottoming out in the short-term trend. Gold's 4-hour moving average continues to turn downward, and it is about to form a dead cross. If a dead...