#Gate广场五月交易分享 Next Week Market Forecast

1. US Dollar Index
The US Dollar Index closed with a long shadowing bearish candle this week. Next week, focus on the 98.4-97.4 fluctuation range. If the price breaks below the lower boundary of the range, look toward the 97-96.4 area; if it breaks above the upper boundary, target the 99 level.
On the daily chart, the candle closed bearish on Friday, and technical patterns suggest a high probability of continued weakness and a new low on Monday. Short-term support is key at 97.8-97.4; closely monitor the gains and losses within this range.
2. Gold
Gold temporarily broke below the previous low this week but then rebounded, with the weekly chart showing a long lower shadow bullish candle. The overall trend is relatively strong. Next week, the market is likely to rise, with priority given to a low-buying strategy.
The critical support level on the weekly chart is around 4613; if the price touches this level, consider entering long positions. The main resistance above is near this week’s high of 4765.
If the 4765 resistance cannot be effectively broken, the market will remain range-bound. Once it firmly breaks above this resistance, the trend is likely to rise toward 4800, with further potential to reach around 4900. Conversely, if it faces resistance and fails to break through, consider short positions.
On the daily chart, non-farm payroll data was released on Friday, resulting in limited volatility, with the candle closing as a long upper shadow bullish candle. Combining the weekly pattern, Monday’s trading plan is primarily bullish with a secondary bearish view.
Short-term support is around 4702; if the price stabilizes above this level, consider going long. The strong support is the Friday low of 4682, which is also a key long entry point. If the market unexpectedly breaks below 4682, and the price drops toward 4660, it is still recommended to buy on dips.
Short-term resistance is around 4729, with a strong resistance at 4748. If the price faces resistance and cannot break through, consider small stop-loss short positions.
Trading suggestions:
- If the market rises first, do not break 4729 and 4748 to short.
- If the market falls first, do not break 4702 and 4682 to go long.
- After key levels are broken, follow the above analysis for subsequent trades.
Yesterday, I suggested short at 4725-36, long at 4700, long at 4714, short at 4746-55.
3. Crude Oil
Crude oil closed with a long shadowing bearish candle this week. Without major news catalysts, the overall trend next week is expected to be volatile and bearish.
Resistance above is near 100, with strong resistance at 107. If the price remains under resistance, consider short positions.
Support below is at 88.7, with strong support zones between 85-78. If the price stabilizes above support, consider long positions.
On the daily chart, the price surged then fell back, closing as a bearish candle. Short-term trading ideas for Monday:
- Short if the price touches around 95.7 without breaking higher.
- Long if the price falls back to around 91 without breaking lower.
In a ranging market, if the price rebounds to around 98, consider a second short position.
Risk warning: The above analysis is for reference only. Market conditions change in real-time. Please trade based on actual market prices, strictly control position sizes, and implement risk management.