Gold Market News—— On Thursday, January 23rd, the benchmark 10-year U.S. Treasury yield ultimately settled at 4.246%, while the more policy-sensitive 2-year Treasury yield closed at 3.610%. Spot gold continued its relentless ascent, reaching a peak of $4940 before settling with a 2.17% gain at $4938.14 per ounce, marking a monthly surge of 13% and a cumulative increase of nearly $600. Spot silver broke above $96 per ounce, closing up 3.28% at $96.17. As Trump downplayed threats concerning Greenland and Iran, international oil prices declined. WTI crude oil ultimately settled down 1.7% at $59.61 per barrel, while Brent crude closed down 1.42% at $64.40 per barrel.
Latest Gold Market Trend—— The gold market opened yesterday at $4832.9 per ounce, initially dipped to a daily low of $4770.6, then fluctuated upwards. During the U.S. session, driven by fundamental factors, it surged powerfully, breaking through the previous day's high to reach a peak of $4940.8 before consolidating and finally settling at $4937.5. The daily chart formed a very long lower shadow candlestick, closing as a large bullish candle. Following this pattern, the upward momentum for gold continues to diverge. Comprehensive analysis summary: Gold has broken to new highs again, with the bullish trend remaining consistent. For today's closing session, the trading strategy prioritizes entering long positions on pullbacks, with shorting as a secondary approach. Resistance above is eyed at $5000-$5010, while support below is watched at $4930-$4900.
Latest Crude Oil Market Trend—— The U.S. crude oil market opened yesterday at $60.74 per barrel, saw a minor rally to a daily high of $60.9, then experienced a sharp decline to a daily low of $59.04. After consolidation, it finally settled at $59.69. The daily chart formed a large bearish candle with a very long lower shadow. This closing pattern suggests crude oil is oscillating at low levels, with a potential for stabilization if it does not continue to break downward. Comprehensive analysis summary: Crude oil has probed lows and rebounded, forming a support zone around the 58.8 level. Holding above this level offers a chance for continued upward movement. For today's weekly close, the strategy favors entering long positions on pullbacks, with shorting as a secondary tactic. Resistance above is monitored at $61.2-$62.0, while support below is seen at $59.0-$58.0.
Latest Nasdaq Index Trend—— The Nasdaq index market opened yesterday at 25406.83 points, initially fell to a daily low of 25337.16, then staged a strong rally to a daily high of 25598.04. After consolidation, it finally settled at 25480.88. The daily chart formed a spinning top candlestick pattern with an upper shadow slightly longer than the lower shadow. This closing pattern indicates the Nasdaq is trading within a consolidation range. Comprehensive analysis summary: The Nasdaq is operating within a wide range. For today's trading, the strategy prioritizes entering long positions on pullbacks, with shorting as a secondary approach. Resistance above is watched at 25600-25770 points, while support below is eyed at 25392-25280 points.
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