Wednesday, April 29, U.S. Market Personal Trend Analysis


Recap: 17:30 Beijing time, London gold around 4570
Crude oil futures around 105, the current fundamentals are still
sideways around 4600
Tonight, the Federal Reserve meeting. Given the current high oil prices, war, and the lack of negotiations, my personal view is that there will
not be an interest rate cut expectation in the short term, which is neutral. It still depends on whether there will be significant fluctuations in the crude oil market tonight. If crude oil falls, gold prices will definitely test higher. If
crude oil remains unchanged, the technical outlook leans toward a decline first, then a rise. If crude oil surges along the way, it will turn into testing new lows.
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