The real cause of the large-scale shock of crude oil is only war, or turmoil, political situation and so on.
This kind of news should be strictly grasped. Once it appears, it will greatly affect the price of crude oil.
For example, 9 1 1, the us-Iraq war, etc. Secondly, the main reasons that affect the price of gold are the dollar price and the American economy.
Regarding technical analysis, everyone has their own analysis preferences, and personally prefer MACD RSI moving average.
Let's talk about these experiences:
1. On the daily RSI and MACD, we can see the trend changes throughout the day. 4-hour RSI and MACD lines are the most stable price guidance lines. The 5-minute MACD RSI line is a compass that uses trends.
You can look at the 4-hour MACD. If a dead fork or a gold fork is formed, the price has a big trend and the line is relatively smooth.
There will be no signs of a sudden turn. If RSI is not cured at high position, it is in the box. Overbought and oversold are good price guidance.
Besides, as you can see. Compared with the long and short strength of MACD line, the long and short interval is 4 cycles in any cycle.
This is also a trend guide. The specific technical analysis depends on your preference.