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9.30 Gold surges and crude oil plummet latest market trend analysis and today's exclusive operation suggestions
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Hello everyone, today XM Foreign Exchange will bring you "【XM Group】: Analysis of the latest market trends of gold soaring. Crude oil plummeted and exclusive operation suggestions today." Hope it will be helpful to you! The original content is as follows:
Same market, different guidance, different life. The characteristic of novices is that they do not understand technology and enter the market blindly. They only consider one issue each time they trade: they think that as long as they predict the market's rise and fall, they can make this transaction. This approach of focusing on direction and ignoring position has caused traders to fail. In fact, there is a big difference between the "momentum" and the "direction" that follow the trend, because the direction of the market's movement is in a volatile pattern, and the market trend is often global. What I can do here is to help you control your position reasonably, place orders using support and resistance levels, so that every order has reasonableness and traces to follow. The buying and selling points should not enter the market at will, please be responsible for your own funds. If you really can't grasp the market, you can www.xmtraders.come to find me. There will be no loss for you if you have an extra analyst. Always remember one thing: professionals do professional things, and all practical things are only for profits, and cooperation is only for win-win results.
Analysis of the latest trend of gold:
Analysis of gold news: On Monday (September 29), spot gold continued to rise strong intraday. The price of gold just broke through the $3,830/ounce mark, and soared nearly $63 intraday. Gold prices resumed record-breaking gains as the new week begins as buyers challenge the $3,800/ounce mark for the first time. Spot gold prices just hit $3,812.19 per ounce, setting an all-time high. October 1 is the first day of the U.S. government's fiscal year 2026. As concerns about the U.S. government shutdown has intensified, investors are seeking security in their traditional store of value, thereby suppressing demand for the U.S. dollar. Investors will keep a close eye on top U.S. Congress leaders and President Trump (Donald Trump) met on Monday. Bloomberg reported that four supreme leaders of the U.S. Congress will meet Trump at the White House on Monday local time. At this time, if the two parties cannot reach an agreement on the short-term spending bill, federal funds will be declared exhausted the next day local time (September 30). If the U.S. government shuts down, traders are also cautious about whether the U.S. labor market report will be released in September.
Gold technical analysis: What is the power of trends? It's like a car full of horsepower. As long as you sit there and don't move, even if you are sleeping, you can take you to your destination! The premise is that you have the right direction! Gold in troubled times and antiques in prosperous times. Trump provides long-range weapons to Ukraine, increases tariffs on imported medicines by 100%, and sends troops to Portland. It is a pot of porridge in the Middle East. If you connect these events to think deeply, maybe you will not have the desire to short! Unless it is a medium- and long-term pattern that has gone beyond the top structure! But before the top structure appeared, the only thing we had to do was to follow the trend. The simple four words, not simple is human nature!
Recently, the moving average of the gold daily line has begun to rise fiercely, and the K-line is also step by step. The weekly line has closed positive again. The Fed's interest rate cut policy is a long-term suppression of the US dollar, supporting gold to buy and avoid risks again. The market investors want to know the most is where the top is. Tomorrow, the monthly line will close again on the 30th. If nothing unexpected happens, the monthly line will basically close positive. Then the bulls in the future will still rise in October. There is an old saying in the market: Gold September and Silver October, which also verifies that the long-term bull trend we analyzed before can see at least November. The situation in Russia and Ukraine is difficult to end in the short term and long term, and it also supports gold bulls. The golden thinking trend will continue to be bullish this week. Today, pay attention to the gains and losses of 3800. If you stand up, continue to chase long. If you rise, don't say that you will top. If you don't guess the top, the opportunity to step on a small step is the opportunity to do a long time. The weekly line has turned positive for 6 consecutive weeks, and it is also difficult to turn negative this week.
From the 4-hour analysis, the short-term support below focuses on the 3776-83 line, and the important support remains in the long-shoulder watershed area near 3757-60, and the short-term pressure above focuses on the 3815-20 line. The small support in one hour has reached the 3790 position. The support of the indicator is around 3783. It was strong in the morning today, and the position of the bulls can basically be determined. If 3783 is not broken in the day, it is really invisible. Support is 3783-3776, small support is 3790, and the area of gold trading is dense in the early stage of the hour is supported in the 3790-3783 area. Then the support in this area of gold market decline can continue to be low. Overall, in terms of today's short-term gold operation ideas, He Bosheng recommends that the pullback should be long and the rebound should be short. The short-term focus on the upper short-term focus on the 3840-3850 line resistance, and the short-term focus on the 3805-3795 line support.
The latest trend of crude oil:
Crude oil news analysis: At the beginning of Monday, Brent crude oil futures fell 0.90%, and reportedAt $69.50 a barrel, the U.S. West Texas Intermediate (WTI) fell 0.99% to $65.07 a barrel, almost giving up last Friday's gains. OPEC+'s production increase plan and real dilemma, according to market research, OPEC+ will approve at least 137,000 barrels per day at the upcoming meeting to further increase market share. However, the organization's current production is still below its stated target, with an actual gap of nearly 500,000 barrels per day. The current oil price is tug-of-war between the increase in supply and the gap in production. On the one hand, the recovery of Kurdish exports and the increase in OPEC+ production have sent out signals of increasing supply; on the other hand, OPEC+ production continues to be lower than the target, and coupled with geopolitical conflict disturbances, it makes it difficult for the market to experience a real oversupply. Oil prices may remain volatile in the short term, but if Russia's energy exports continue to be restricted, the crude oil market may still maintain a strong tone.
Crude oil technical analysis: From the daily chart level, the K-line closes the cross-star positive line, and the oil price breaks through at the upper edge of the range and is blocked. The medium-term objective trend of crude oil remains unchanged, with the range amplitude between 66.00 and 60.80. The MACD index fast and slow line is about to cross the zero axis, and the bulls' kinetic energy gradually warms up. It is expected that the medium-term trend of crude oil will remain fluctuating and consolidating within the range, and the short-term (1H) trend of crude oil has continued to rise and hit a new high, touching a strong resistance around 65.80, forming an alternating rhythm of the main and the main. Oil prices fall below the moving average system, and the short-term objective trend is in the conversion period. From the perspective of alternating momentum energy, the subjective trend is downward. Pay attention to the strength and continuity of the intraday downward trend and it is expected that there will still be a downward space for crude oil during the day. Overall, in terms of today's operational ideas of crude oil, He Bosheng recommends that rebound high altitudes should be the main focus, and the retracement should be the low long as the auxiliary. The short-term focus should be on the 65.0-66.0 line resistance at the top, and the short-term focus should be on the 62.5-61.5 line support at the bottom.
Things you must know when facing losses:
1: Like to buy at the bottom/top. Whenever the market is at a historical low/high price, you will be happy and start to make arrangements as soon as you reach the low/high level. But unexpectedly, since a price has hit a historical low/high level, it is very likely that another new low/high will appear;
2: Unwilling to stop loss is often a kind of luck mentality , because sometimes it is found that the price will www.xmtraders.come back shortly after the stop loss, so I will hold this hope next time, but the consequences of not stop loss are more serious big losses or liquidation, which is absolutely not feasible in long-term investment. "Severe the loss and let the profit run" is indeed a famous saying;
3: Don't dare to follow the trend: Many friends are afraid of lows/high symptoms, and think that gold and crude oil have fallen, so what should I do if I chase it if I am trapped? In fact, there is no inevitable connection between the rise and fall and the price level. He Bosheng believes that the key lies in the "trend". Intervening after the upward trend is formed. This operation method is very safe, and it also makes huge profits in the short term. This kind of low or high may not only cause a missed profit, but also causes the bottom or top buying situation at the first point, which leads to losses.
He Bosheng's message: If you have just entered the market and www.xmtraders.come to me, the author will teach you how to learn and operate; if you are already in it, you can www.xmtraders.come to me and I will help you, and you will not make you make mistakes again and again; if you have already struggled in this market but were covered in bruises, you might as well www.xmtraders.come to me and I will have the confidence to help you regain your confidence. If your position is trapped, I will make a reasonable solution based on your entry point. Because everyone is trapped in different points, the solution method will be different. Some are suitable for stable people and some are suitable for radical people. But the author cannot give all the perfect answers here. He Bosheng suggests that you bring your order. As long as I find He Bosheng, I will use the most appropriate method to solve your problems and assist you in getting out.
This article is exclusively planned by Gold Crude Oil analyst He Bosheng. Due to the delay in online push, the above content is personal advice. Because the online publication is timely and the suggestions in the article are for learning reference only, and the risks of operating based on this are at your own risk. No matter whether the views and strategies of the article are consistent with everyone's opinions, you can www.xmtraders.come to me to discuss and learn together! There is nothing difficult in the world, I am afraid of those who are interested. Investment itself carries risks, reminding everyone to identify the authoritative platform and the strong teacher. Fund safety is the first priority, secondly, consider operational risks, and finally how to make a profit.
The above content is all about "【XM Group】: Analysis of the latest market trends of gold surge and crude oil plummeting and today's exclusive operation suggestions". It was carefully www.xmtraders.compiled and edited by the editor of XM Forex. I hope it will be helpful to your trading! Thanks for the support!
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