Leng Yijie: April 1st, gold maintains a volatile rhythm intraday, and buy on dips in crude oil after pullback.

Eliminate fraud and dishonesty; let the facts speak for themselves. Hello everyone, I am Leng Yijie. (Add: Teacher Leng immediately provides the current copy-trading approach)

At present, I can provide verified returns for a live account for copy-trading! From 25, 10, 10 up to now, multiple times of doubling have already been completed! [You can verify and observe]

The market has changed. People {so-called sales reps} have ruined it, spoiled it, and made it stink. Many people are afraid—afraid to place orders, afraid of financial teachers, afraid of the market, and in short, they’re afraid of everything. Of course, here there’s also a saying: when many people ask me about it, I always tell them this—you don’t have to choose whether to cooperate with me, but you must be responsible for your own wrong decisions! What Yijie wants to emphasize most here is: family first, work second, investing third! Heavy position, holding through losses, and locking positions. No matter what the situation is, as long as there are major losses, basically it can’t be separated from these three points. After working in this industry for so many years, these are the deadliest pitfalls for all investors. My personal advice is: set your stop-loss for every trade. You can’t brush off one time and end up, in the end, with everything going to waste. I hope everyone can learn from this together!

Gold is currently showing slight support near the 10-day moving average. In the battle between bulls and bears on the monthly chart, the daily chart previously stabilized around 4110 after a pullback, followed by a wave of consecutive bullish candles and a rebound, using the 5420 high as a wave-like turning high. Right now, it’s in a phase of stabilizing and rebounding locally, and it is also in the process of confirming a second high. On the upside, watch the resistance level at the 0.618 Fibonacci retracement point for gold, around 4900. The rebound strength in the short term can vary. For today, prioritize staying in short-term long positions and looking upward.

Gold: [1] Long near 4660-4650, defend 4640, target 4690-4720.

[2] Look for opportunities to go short on the upside; today is expected to stay in a choppy range of up and down.

Crude oil has fallen again around 100. Currently, the rhythm is still that of consolidation and longs. For today, maintain the mindset of taking longs by riding the pullbacks in trend. For the medium term, keep the bullish view unchanged.

Crude oil: [1] Long near 101-101.5, defend 100.8, target 105-110.

The above article is by financial analyst Leng Yijie