Yan Ruixiang: Short-term gold is expected to fluctuate, while crude oil is currently emphasizing a significant surge.

LootboxPhobia · 2026-03-11T10:55:05+00:00

The article summarizes the technical analysis of gold and crude oil, indicating that gold is likely to fluctuate in the short term with key levels at 5120-5140; crude oil is more bullish, focusing on the 91.20 level. It also lists the financial data and events to watch today, including China's CPI and Germany's industrial output, reminding readers that this is personal opinion and not investment advice.

LootboxPhobia

2026-03-11 10:55:05

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Gold

Monthly chart (long-term bullish) Support: 3900
Weekly chart (mid-term bullish) Support: 4790
Daily chart (wave偏空) Resistance: 5140
Four-hour (short-term)
Key watershed at 5120 area
Short-term tends to fluctuate between 5000-5206, intraday short-term depends on 5120-5140 range for resistance

Crude Oil

Monthly chart (long-term bullish) Resistance: 63.20
Weekly chart (mid-term bullish) Resistance: 69
Daily chart (wave bullish) Resistance: 74
Four-hour (short-term)
Short-term watershed at 91.20 area, short-term outlook depends on this region for continued bullishness

[Key financial data and events to watch on March 9, 2026, Monday]
① To be determined Domestic refined oil price adjustment window opens for a new round
② To be determined EU and Middle Eastern leaders hold video conference
③ 07:50 Japan January Trade Balance

④ 09:30 China February CPI Year-over-Year
⑤ 15:00 Germany January Seasonally Adjusted Industrial Production MoM
⑥ 16:00 Switzerland February Consumer Confidence Index
⑦ 17:30 Eurozone March Sentix Investor Confidence Index
⑧ 23:00 US February New York Fed 1-Year Inflation Expectations

Note: The above are personal opinions and strategies for reference only. No investment advice is provided, and it is not related to clients’ investments nor used as a basis for order placement.

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