01.03 Analysis of the Trend of Gold Crude Oil
At present, the fundamentals of gold are mainly bullish, and the 1-hour bullish trend is also strong. Today, investors are paying attention to the 1-hour support area below gold, and gold is stabilizing and continuing to buy long.
① The current geopolitical tensions are an important factor driving up the price of gold.
② The market's expectations and uncertainty about Trump's policies have prompted investors to seek safe haven in the gold market.
③ Investors need to closely monitor the upcoming US job vacancy data, ADP employment report, and the minutes of the Federal Reserve's December meeting next week to assess the interest rate outlook for 2025
At present, the fundamentals of crude oil are showing a bullish trend, and the 1-hour upward trend of crude oil is clear. Today, investors are paying attention to the 1-hour support area below crude oil. After the crude oil pullback stabilizes, companies will increase their holdings.
① The sustainability of economic recovery in major Asian countries will be an important factor supporting oil prices.
② The continued escalation of the Russia-Ukraine conflict and the instability in the Middle East may lead to supply disruptions, thus pushing up oil prices.
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