Gold holds the 4660 level, crude oil fluctuates with a slightly strong trend

Spot Gold: News: Today, Monday, April 27, ( during the Asian trading session, US-Iran peace negotiations have stalled, the flow of energy through the Strait of Hormuz remains obstructed, and gold prices are under significant pressure. Gold briefly fell to $4,672 per ounce, continuing last week’s 2.5% decline. Trump has canceled plans to send a special envoy to Islamabad to resume negotiations, and Tehran has firmly stated that they will not negotiate under threat, causing geopolitical risk premiums to quickly diminish.
Technical: Gold rose last Friday, recouping the 4700 USD level, but still declined over 2% last week, marking the first weekly decline in five weeks. On the daily chart, gold prices broke below the short-term upward trend line and entered a correction phase, currently trading within a stage of consolidation. Key support is around $4,650; if broken, further testing of the $4,600 level is possible. Resistance is concentrated between $4,730 and $4,750. Momentum-wise, the bearish force is gradually strengthening, with limited short-term rebound strength. The 4-hour chart shows a oscillating downward structure, with short-term moving averages diverging downward, indicating a market bias toward bearish sentiment. However, in the event of sudden risk events, a quick short-term rebound cannot be ruled out. Tonight, focus on resistance around $4,766/$4,790, and support around $4,687/$4,648.
Gold evening trading suggestion: Personal advice: buy on dips around 4687±3, sell on rebounds around 4757±3, with a 15 USD stop loss each, targeting 20/50 USD! 【GOLD watershed: $4690 per ounce! The above views are for reference only;

WTI Crude Oil: News: Reports indicate that Iran has proposed a new plan to the US aimed at reopening the Strait of Hormuz and ending the conflict. The plan calls for extending the ceasefire to create conditions for a permanent end to the war. The proposal has been submitted to the White House through Pakistani mediation, but it is unclear whether the US is willing to discuss it. Uncertainty surrounding this strategic waterway continues to trigger supply shock concerns, supporting WTI prices.
Technical: On Monday, April 27, ), US crude oil prices traded around $96.290 per barrel, up 2.01%. The price expanded its gains in recent intraday trading, supported by a stable support above the key $92.00 level, providing positive momentum and helping prices continue to rise. This was supported by trading above the EMA50, which acted as a dynamic support, reinforcing the short-term bullish trend. Positive signals are also increasing, as the relative strength index (RSI) begins to show positive divergence after reaching oversold levels, along with a positive crossover. This supports the possibility of continued upward movement and further gains in the short term.
Tonight, focus on resistance between $99.0 and $100.2, and support at $95.2/$92.4.
Crude oil evening trading suggestion: Personal advice: buy on dips around 95.2±3, sell on rebounds around 98.9±3, with a 1.0 point stop loss, targeting 2.0 USD per barrel! 【WTI watershed: $95.1/barrel!
The above are personal opinions, for communication only, not for trading decisions; investment involves risks, please trade cautiously! (