After the crude oil rate cut frenzy, the mystery of gold's stagflation: is it time to withdraw or wash the positions?

The diplomatic efforts between Russia and Ukraine to end the war have become a key factor in suppressing WTI crude oil prices, with recent oil prices slightly declining; meanwhile, traders are closely monitoring the U.S. weekly initial jobless claims report to be released Thursday evening, as this data could further stir short-term fluctuations in oil prices.

The recent rebound in oil prices will still be suppressed, and the market is more likely to show repeated fluctuations, continuing to operate weakly.

Recommendation for crude oil: 58.10, 58.40 area short, target around 57.00!