So I worked in the field of gold, silver, foreign exchange and crude oil for seven years. I found that this kind of investment can simply create a steady stream of wealth as long as it grasps the direction of market fluctuation.

When analyzing the fluctuation direction of crude oil price, it is mainly divided into two levels: fundamental and technical.

At the fundamental level, the first one needs to know the supply of crude oil (mainly concerned about the political changes of OPEC member countries in view of the cause of exploitation), and the second one needs to know the demand of crude oil (the largest proportion of demand is in some industrial countries, such as China and India, so the demand of crude oil mainly depends on these aspects). In addition, sudden major political time, oil inventory changes, market intervention by the Organization of Petroleum Exporting Countries and IEA, outflow or inflow of hot money in the international capital market, exchange rate changes, abnormal climate and interest rate changes. These factors will specifically affect the supply and demand of crude oil, thus affecting oil prices.

On the technical level, first of all, we need to understand how MACD, bollinger band, moving average and candle chart affect the later trend, and then give a comprehensive analysis and specific operation points by synthesizing all time-sharing charts. Based on the completeness of this point, it is suggested to directly find a professional analyst in this field. The industry has a specialization, so please believe in it.

I wonder if my answer will help you. If there is nothing you don't understand, please ask.