Gold and Oil Intraday Market Analysis and Strategy

The intraday gold market continues to exhibit a narrow range of fluctuations, with the price movement failing to effectively expand. The short positions placed around 416 during the European session have successfully realized some profit. From a technical structure perspective, the gold price is in a state of range convergence on the 4-hour chart, compressed within a narrow range of 4200-4230. The short-term moving averages are showing a flattening trend, indicating a high probability of maintaining a fluctuating pattern in the short term. However, it is worth noting that a hidden upward trendline has quietly formed on the chart, and the pullback strength and continuity during the European session are relatively limited, leading to an overall tendency towards a strong fluctuation pattern. On the hourly level, short-term moving averages are beginning to gradually diverge upwards, and one should be cautious of the adjustment and repair needs of the market.

Gold Trading Suggestion: It is recommended to set long positions in the 4200-4203 range, with a stop loss at 4197 and a target in the 4220-4245 range. Real-time market changes will provide further guidance during the session.

Looking at the oil market, the 4-hour chart shows a continuous decline, with the K-line price directly breaking through the support of the short-term moving averages. The moving average system is gradually beginning to diverge downwards, and short-term trends are showing signs of weakness. During the American session, it is essential to pay close attention to whether the market will first experience a slight rebound for repair before starting a secondary decline. On the hourly level, prices have already broken below the short-term support zone, with the K-line consistently under pressure below the short-term moving averages, maintaining an overall weak running pattern.

Oil Trading Suggestion: It is recommended to selectively set short positions in the 59.7-59.9 range, with a stop loss at 60.5; or wait for the price to drop to the 58.5-58.6 range to attempt setting long positions, with a stop loss at 57.8. Real-time strategies will be dynamically adjusted based on market movements. #比特币VS代币化黄金