#Gate广场五月交易分享 Negotiation failure, be cautious of gold and crude oil on Monday

——The US-Iran dispute has lasted 60 days, and the crisis is spreading
Over the weekend, new developments in the US-Iran conflict emerged again, negotiations broke down once more, and after Trump’s 60-day ceasefire, he is preparing to restart airstrikes on Iran, causing market tension again on Monday.
There is a possibility that the US will resume airstrikes on Iran.
Trump posted on social media that he will soon review Iran’s latest submitted plan, but he “cannot imagine” that the plan is “acceptable,” and threatened that Iran “has not paid enough of a price.” Iran has submitted a plan containing 14 items through Pakistan in response to the US’s previous 9 proposals.
——What will happen to gold and crude oil on Monday?
The US-Iran conflict has now lasted 60 days, marking the 60th day of the world energy crisis looming. Since the Strait was blocked, countries around the world, especially Asian and European nations, have been releasing their energy reserves, reaching the end of their capacity. If the Strait remains closed before June, a real crisis will quickly emerge.
Gold: Every time negotiations break down, gold almost always gaps down at the open, and tomorrow is likely to see a similar gap down. Although good news was received during Friday’s talks, causing gold to rise quickly to near the 4660 resistance level, the opening tomorrow may give back the gains made on Friday. The 4660 level will continue to serve as resistance, and the market remains temporarily bearish. If it gaps up and moves higher, the upside space will open, with the key resistance at 4800.
Crude Oil: Recent Market
The frenzy of crude oil price increases needs no further explanation; as long as the Strait remains blocked, crude oil prices will not return to pre-war levels. Although Trump’s TACO deal caused a short-term pullback on Friday, the long-term trend remains slow upward. Just remember one principle now: don’t chase highs, maintain low buy-in levels, and take profits at high points to enjoy satisfying gains.
Bitcoin: Since the end of the Federal Reserve meeting, there seems to be a possibility of attacking 80k, but based on the four-year cycle, we still need to follow the rules. Now it’s May, and the next four months are critical. September-October, which is the end of the year, is typically the bottom of the four-year cycle, often accompanied by sluggish oscillations that shake everyone’s confidence. However, that is precisely when the bottom forms, so the timing for buying will soon arrive. We just need to wait patiently.
Disclaimer: All data is backtested historical data and does not constitute real-time data or investment advice.