5, November Morning Market Analysis and Strategy: Iran officially rejects the U.S. proposal, Trump states the response is "completely unacceptable"; the UAE is again attacked, and after Iran and the U.S. restrain from firing in the Strait of Hormuz, tensions temporarily ease, but the situation remains tense.


As a result, crude oil rebounds, gold faces short-term pressure, and the market is caught in a seesaw of bullish and bearish fluctuations.

Market Logic

- Trend: Repeated oscillation at high levels, no clear unilateral signal

- Short-term: Slightly bearish oscillation, rebounds favoring short positions

- Key Levels:

- Support: 4670 → 4640-4650 (still oscillating if not broken)

- Resistance: 4710 (short-term strength/weakness dividing line)

Intraday Short-term Strategy

1️⃣ Short near 4710

- Stop Loss: 4725

- Take Profit: 4670 / 4650

2️⃣ Long near 4646

- Stop Loss: 4630

- Take Profit: 4700

⚠️ The above suggestions are for reference only. The market carries risks; please trade cautiously. More operations should be based on actual trading conditions.
View Original
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin