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US-Iran talks collapse, war escalates, gold and silver open lower, open short, then bullish
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Hello everyone, today XM Forex will bring you "[XM Foreign Exchange Platform]: The US-Iran talks collapse and the war escalates, gold and silver open low and then go short". Hope this helps you! The original content is as follows:

The gold market opened low last week at 4649, then the market first fell back to a weekly low of 4600, and then the market fluctuated and rose, with the weekly highest touching 4858.2. After the weekly line finally closed at 4749.3, the weekly line closed with a Zhongyang line with an upper shadow line longer than the lower shadow line. After such a form ended, the US-Iran talks collapsed over the weekend, and the Strait of Hormuz remained Under the background of the old blockade and the continuation of the war, the rise in crude oil prices suppressed the price of gold. It opened low in early trading and then covered the short positions today. At the point, the long positions at 4120 and the long positions at 4310 were reduced and the stop loss was followed at 4500. , today’s market opened lower in early trading and then retreated to 4690 with a short stop loss of 4697. The target is 4650, 4620 and 4600. If the position is broken, look at 4580 and 4565.

The silver market first fell back after opening at 72.309 last week. The weekly minimum reached 69.648 and then the market rose strongly. The weekly maximum touched 77.728 and then consolidated. The weekly closing line finally closed at 76.102. After the position, the weekly line closes with a Zhongyang line with a lower shadow line longer than the upper shadow line. After this form ends, today 74.5 short stop loss 74.75, the target is 74 and 73.5 and 73 and 72.6 and 72.3 and 72-71.6.

European and American markets opened at 1.15208 last week and then the market first fell back to 1.15028 and then rose strongly. The weekly highest touched the position of 1.17392 and was consolidated by the pressure of the Fibonacci 50 mark in this round. After the weekly closed at the position of 1.17288, the weekly line ended with a lower shadow line slightly longer than the upper shadow line. The big positive line has closed, and after the end of this form, there is technically a need to continue to rebound, but after the failure of the US-Iran negotiation, the market opened lower in early trading, and the market will have a certain low point. After opening low today, short stop loss is 1.17200, and the target is 1.16500 and 1.16300, and 1.16000 and 1.15700 to exit.

After the U.S. crude oil market opened at 112.91 last week, the market first rose. The weekly high hit 117.83, and then the market fell back strongly under pressure. The weekly low was 91. After the position of 04, it rose in late trading. After the weekly line finally closed at 95.6, the weekly line closed with a large negative line with the same length as the upper and lower shadow lines. Technically, there is a need for adjustment, but the premise of such adjustment is that the negotiation between the United States and Iran is reached. A certain agreement was reached, but the collapse of the talks over the weekend meant that the Strait of Hormoz was still blocked, and the intensity of the war would reach a higher level. Therefore, the price of crude oil was expected to be pushed up. After opening high in early trading, it retreated back to the lows. At the point, today 101.5 long, stop loss 101, targets 104, 105, 106, 107.5, and 108-108.5. If the position is broken, focus on 112, 114, and 118.

After the Nasdaq opened at 23879.19 last week, the market slightly fell back to the weekly low of 23761.98 and then rose strongly. The weekly high touched 25229.93 and then consolidated. The weekly line finally closed at 2 After the position of 5157.37, the weekly line closed with a big positive line with the lower shadow line slightly longer than the upper shadow line. After the end of this form, this week is technically bullish, but after the failure of the US-Iran negotiations, the US stock market is under pressure. In terms of points, today's 24950 short stop loss is 25020, and the target is 2 4600 and 24300 and 24000.
Fundamentals, last week’s fundamentals This week, the regional situation surrounding Iran has repeatedly oscillated between military conflicts and diplomatic games. The United States, Israel and Iran have tried to promote a ceasefire in high-intensity confrontations, but. There are obvious differences in the agreement framework, and the conflict has obviously spilled over to key nodes such as Lebanon, Gulf energy facilities, and the Strait of Hormuz. Regional uncertainty continues to rise. Over the weekend, U.S. Central xm217.command: U.S. Central xm217.command troops will hold a meeting at 10 a.m. Eastern Time on April 13 (Northern Time).At 22:00 Beijing time today), a blockade of maritime traffic in and out of all Iranian ports will be implemented. The blockade will be enforced equally on all national vessels entering and exiting Iranian ports and coastal areas, including all Iranian ports in the Arabian Gulf and Gulf of Oman. Central xm217.command forces will not impede the freedom of navigation of ships traveling to and from non-Iranian ports in the Strait of Hormuz. Further information will be provided to xm217.commercial mariners through formal notifications before the lockdown begins. All sailors are advised to pay attention to NOTAM broadcasts and contact U.S. Naval Forces on inter-bridge channel 16 when operating in the Gulf of Oman and the entrance to the Strait of Hormuz. Crude oil prices rose as the war continued, while non-U.S. and gold and silver prices fell under pressure. The main line released by the Federal Reserve is quite clear: under the intersection of energy shock, inflation stickiness and weakening marginal employment, the internal policy is shifting from "when to cut interest rates" to "holding no ground first, and then responding in two directions depending on the situation." The U.S. CPI rose 0.9% month-on-month in March, the largest increase in the past four years, and the annual rate of 3.3% was in line with expectations. However, the core CPI annual rate of 2.6% and the monthly rate of 0.2% were both lower than expected. The surge in gasoline prices accounted for three-quarters of the CPI increase, the highest since 1967. The market is betting that the Federal Reserve will cut interest rates once this year. San Francisco Fed President Daly said that if the conflict is resolved quickly and oil prices fall, an interest rate cut is still possible, but the possibility of raising interest rates is lower than cutting interest rates or leaving them unchanged. This week's fundamentals focus on the annualized total of existing home sales in the United States in March at 22:00 on Monday. On Tuesday, focus on the annual U.S. PPI rate in March at 20:30. On Wednesday, focus on the U.S. New York Fed Manufacturing Index in April and the U.S. Import Price Index in March at 20:30. Then look at the US April NAHB housing market index at 22:00. Later, look at the EIA crude oil inventory in the United States for the week to April 10 at 22:30, the EIA Cushing Oklahoma crude oil inventory in the United States for the week to April 10, and the EIA Strategic Petroleum Reserve inventory in the United States for the week until April 10. Watch for the Federal Reserve's Beige Book of Economic Conditions to be released at 2:00 a.m. on Thursday. In the evening, look at the number of initial jobless claims in the United States for the week to April 11 at 20:30 and the Philadelphia Fed Manufacturing Index in April. Later, look at the monthly rate of U.S. industrial output in March at 21:15. On Friday, focus on the Eurozone’s February seasonally adjusted trade balance at 17:00.
In terms of operation, gold: The long position of 4120 and the long position of 4310 will be reduced and the stop loss will be followed at 4500. Today's market opened low in early trading and then stepped back to 4690 to short the stop loss of 4697. The target is 4650, 4620 and 4600. If the position is broken, look at 4580 and 4565.
Silver: 74 today .5 short stop loss 74.75, target 74 and 73.5 and 73 and 72.6 and 72.3 and 72-71.6.
Europe and the United States: After opening low today, short stop loss 1.17200, target 1.16500 and 1.16300, 1.16000 and 1.15700 to leave.
U.S. crude oil: today 101.5, stop loss 101, target 104, 105, 106 and 107.5 and 108-108.5. If the position is broken, the main focus is 112, 114 and 118.
Nasdaq: 24950 short stop loss 25020 today, the target is 24600, 24300 and 24000.
The above content is all about "[XM Foreign Exchange Platform]: The US-Iran talks collapse and the war escalates, gold and silver open short after low and then go long". It is carefully xm217.compiled and edited by the editor of XM Foreign Exchange. I hope it will be helpful to your trading! Thanks for the support!
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