#TradFi交易分享挑战 Gold may open lower on Monday, and crude oil is likely to continue declining.

During the week, gold formed a bottoming rebound with a small doji weekly candle, while crude oil experienced a decline with a nearly full-bodied dark candle on the weekly chart. Currently, the movements of gold and crude oil are still largely influenced by US-Iran negotiations. The latest news indicates that Trump is tightening the terms of the Iran deal, causing international markets to slightly decline.

Gold is temporarily maintaining a slightly weak oscillation in a consolidation pattern on the weekly chart. After a small rebound from the bottom, we will observe whether there is room for continued upward movement. On the daily chart, it remains in a low-range oscillation correction, with prices temporarily under pressure around 4580. Currently, short-term moving averages are mostly flat and converged, likely continuing a low-level oscillation in the short term. Based on the current trend, Monday is likely to open lower, with support around 4500. Pay attention to the short-term correction and recovery on Monday.

Trading suggestions: Buy near 4500-02, stop loss at 4490, or sell near 4560-62, stop loss at 4570.1.

Crude oil is still temporarily oscillating and correcting within a high-range on the weekly chart. In the short term, watch for support around 84. However, on the daily chart, after breaking below the short-term support band, the candles continue to face pressure, and the short-term trend remains somewhat weak. Watch for whether a small rebound can be confirmed before a further decline. On the 4-hour chart, prices are temporarily consolidating in a narrow range at low levels, with support around 89.

Trading suggestions: Sell near 89.2-93, stop loss at 90.3, or buy near 84.5-86, stop loss at 83.5.

The above analysis is for reference only and does not constitute any investment advice!!! $XAUUSD $XTIUSD ‌ ‌