Sina Foreign Exchange News. In the Asian market on Wednesday, spot gold fluctuated around the level of 1305 US dollars. Overnight, the price of gold recovered from the 1,310 US dollar mark because the market believed that the Federal Reserve would maintain a dovish attitude in tonight's interest rate decision.US dollar indexThe overall trend is under pressure, and the range is now narrowly consolidated near the low level of 96.40. Overall, gold continues to fluctuate in a narrow range, and it is unlikely that the market will bet heavily until the Federal Reserve makes a decision.

The sky chart shows that spot gold continues to fluctuate near the 13 mark, leading to market dovish expectations of the Federal Reserve's decisionUS fingerUnder pressure, this has provided some upward momentum for gold. However, until major economic events unfold, it is unlikely that there will be large-scale bets on gold, and investors are wary of the Federal Reserve's decision. There is currently no clear trend in technical indicators, which further strengthens the view that gold is volatile. The MA moving average and cloud trends on the cloud chart also tend to move sideways.

The 4-hour chart shows that the short-term rise of gold has slowed, the price of gold has a slight correction trend, and KD and RSI indicators have fallen from high levels. The decline in gold prices will first test the support of the cloud layer on the cloud chart. However, the current trend of the MA moving average is still relatively positive, and there is no obvious downward trend in the upward cloud on the cloud chart. This suggests that there will be limited room for gold to recover in the short term. Taken together, today's operating ideas suggest mainly a pullback and going long, with a rebound at high altitude, focusing on 1310-1312 first-line resistance above and 1300-1302 first-line support below.

Gold operation recommendations:

1. The upward rebound to the 1310-1312 line was shorted, the loss was 4 US dollars, and the target was to look at the 1304-1306 line;

2. Pull back below to the 1300-1302 line to go long, stop loss of 4 US dollars, target the 1306-1308 line;

In the early hours of Wednesday morning, data released by the American Petroleum Association (API) showed that US crude oil inventories fell by 2.133,000 barrels compared to expectations for the week ending March 15, with an expected decrease of 775,000 barrels; gasoline inventories decreased by 279.4 barrels; refined oil inventories decreased by 1.707 million barrels; after the data was released, US oil rose in the short term, and the decline narrowed to 0.15% to $59.29 per barrel. Crude oil inventories unexpectedly declined last week. The market predicted that the crude oil inventory decline announced this week would narrow, but the data showed that the decline in crude oil inventories still exceeded expectations, and refined oil, gasoline, and Cushing crude oil inventories all recorded declines; after the data was released, US oil rallied in the short term. According to data released by the American Petroleum Association (API), the decline in US crude oil inventories last week exceeded expectations, and the decline in gasoline and refined oil inventories both exceeded expectations.

Looking at the current short-term crude oil technical indicators, the main chart of the crude oil hourly chart shows that the K line is currently running near the upper Bollinger band, and the Bollinger band is gradually expanding outward, showing that the bulls continue. Looking at the third line of the random indicator in the attached chart, the three lines are currently running in the overbought region, which is reversing downward and forming a dead fork. Looking at the moving average double line index. Currently, the double line is running at the gold fork, and the red kinetic energy bar is also continuing to release volume. Overall, the trend of crude oil demand is back on the back. Yes, but the big trend is a bullish trend. Taken together, today's operating ideas suggest mainly a pullback and going long, complemented by a rebound at high altitudes. The upward pressure focuses on 59.6-59.8 first-line resistance in the short term, and the bottom focuses on 58.5-58.7 first-line support.

Crude oil operation recommendations:

1. The upward rebound to the 59.6-59.8 line of shorting, the stop loss was 0.4 US dollars, and the target was the 58.8-59.0 line;

2. Pull back below to the 58.5-58.7 line to go long, stop loss of 0.4 US dollars, and target the 59.4-59.6 line;