Gold and Oil Futures Price Forecast and Exclusive Evening Trading Tips

【Gold Market News Analysis】: On Friday (October 11th), the gold market continued to show a positive trend, extending the upward trend of the previous two days. Market participants are closely monitoring the Federal Reserve's interest rate policy and the latest U.S. economic data to judge the future trend of gold. The current gold price is fluctuating around $2,640 per ounce, rising by more than 0.4% earlier in the day, but failing to break through the previous high, partly due to the strengthening of the U.S. dollar.

【Gold Technical Analysis】: The gold price closed higher on the daily chart, showing a bottoming and rebounding trend, which led to the convergence of the MA10 and MA20, adding a slightly stronger rhythm to the previously weaker pattern. However, the overall trend is still mainly within a range; last night's mixed U.S. data was released, but the Federal Reserve still focused on employment issues, which led to the dollar's rise and fall, and the 30-year Treasury bond was favored, with gold rising due to safe-haven stimulation. On the 4-hour side, after the middle Yin broke down, there was no strong continuation, but rather a back-and-forth oscillation that consumed the downward momentum. It is difficult to have a decent adjustment without breaking through 2600 in the short term. If the market can stand firm at 2650, then the short-term adjustment may be over. Currently, the pressure of the downward channel is concentrated in the 2655 area, which means that if the rebound here cannot break through, it will still be a rhythm of oscillating downward. In summary, today's gold short-term operation idea is to sell high and buy low within a wide range. Gold layout: short in the 2650-2652 range, stop loss at 2660, target 2640-2635, hold if broken down; buy back at 2628-2625, stop loss at 2618, target 2640-2645.

【Crude Oil Market News Analysis】: WTI main crude oil futures closed up $2.28, a 3.1% increase, at $75.85 a barrel; Brent main crude oil futures closed up $2.22, a 2.88% increase, at $79.4 a barrel; INE crude oil futures closed up 4.19%, at 576.4 yuan. The U.S. dollar index rose 0.38%, at 102.85; the Hong Kong Stock Exchange U.S. dollar against the yuan rose 0.54%, at 7.0577; the U.S. ten-year Treasury bond fell 0.28%, at 112.28; the Dow Jones Industrial Average fell 0.14%, at 42,454.12.

【Crude Oil Technical Analysis】: Crude oil experienced a pressure drop yesterday, after rising to the 76.2 area, the oil price gradually showed a震荡回落, with the lowest point touching the 74.6 area and hovering. On the daily chart of crude oil, after a big Yang line, a big Yin line appeared, showing signs of giving up all the gains. On the 4-hour Bollinger Bands, the upper track turned downward and closed, and the SAR parabolic line indicator appeared at a high level, so the 76.2 in the morning can be preliminarily regarded as the highest point of this week. Since it is difficult to stand firm at the monthly line of 77.6, subsequent rebounds can be shorted against resistance nodes for a significant drop. Pay attention to the support at the 72.3 U.S. dollar area, and if it is accidentally broken down, it will continue. Based on the above analysis, today's crude oil operation idea is mainly to retrace and go long, with a rebound and high air as a supplement. Crude oil layout: short when the rebound touches the 76.3-76.5 range, stop loss at 77.0, target 75-74.8, hold if broken down, retrace and touch 74.2-73.7 to do more in batches, stop loss at 73.0, target 75.5-76.0, hold if broken through.