① Trump's policies may boost inflation and trigger global trade tensions, providing gold with safe haven appeal.

② The geopolitical tensions on a global scale have not completely subsided. Gold, as a safe haven asset, often performs well when uncertainty increases.

③ The expectation of the Federal Reserve's monetary policy is one of the important factors driving the gold market, and if economic data further weakens, it is still possible to cut interest rates three to four times this year.

④ The recovery process of other major economies around the world is still slow, and in this environment, the safe haven function of gold will continue to be favored by investors.

Overall, the current fundamentals of gold are mainly bullish. Investors are paying attention to the support area of the 4-hour uptrend line below next week, and will continue to buy long gold after the correction stabilizes.

① The recent stricter energy trade sanctions imposed by the United States on Russia have become an important factor driving up oil prices.

② The policy changes of the Trump administration have also increased market uncertainty, which may further exacerbate the tight situation of global oil supply.

③ According to data from the Commodity Futures Trading Commission (CFTC) and the Intercontinental Exchange (ICE), the market's bullish sentiment towards crude oil is increasing.

Overall, the former crude oil market is driven by multiple factors, and currently crude oil is in a high volatility market. Next week, investors will focus on buying long in the 4-hour support zone below.

The content of the article is purely the author's personal opinion and should not be used as a basis for investment decisions. It is for reference only! Any similarity is purely coincidental. Risk lies in control, fire prevention is better than firefighting, and prevention is better than cure.