Crude oil - price near 71.00
Today's crude oil, let's look at the adjustment first
The main purpose of the adjustment is that the daily line gives two clear head signals, and the 4H has formed a break position.
Both indicators and forms are showing downward attack and adjustment. Crude oil is facing a large cycle of long short game. Whether the trend of the daily line and weekly line changes depends on the depth and strength of this wave of adjustment, We can't predict where this wave of crude oil will be adjusted, but in terms of form, 68.40 is a very obvious form support. This wave of adjustment first looks at this position. Once it falls below this position, it will determine the short position of the daily and weekly lines. We are short-term operation, so we need to follow the short-term operation.
Today's disk is short under the pressure of 71.20, Yesterday, the daily line closed under the shadow line, it is expected that the white plate will be repaired.
Fundamental analysis
This week's market is coming to an end, and the market has not announced too many fundamentals. The only big step is the interest rate decision of the Federal Reserve. This time, the interest rate decision is basically a little thunderous or a little heavy rain, or the benchmark interest rate of 0.25 is maintained. The expectations and the previous values are the same, and the impact on the market is limited. Even Powell's speech did not influence the market, Next week we will continue to focus on other fundamentals announced by the United States.
Operation suggestion
Gold - price near 1790, target 1780, 1770
Silver - price around 26.50 empty, target 26.00, 25.50
Crude oil - price near 71.00, target 70.00, 69.00
