Gold News — On Monday, April 20th, the US dollar index opened higher with a gap due to optimistic signals from Trump being refuted point by point by Iran over the weekend. The benchmark 10-year US Treasury yield settled at 4.251%, while the more policy-sensitive 2-year yield settled at 3.712%. Spot gold rose significantly before the US market open, briefly surging past $4890, before pulling back slightly to finally close up 0.92% at $4834.11 per ounce. Spot silver climbed to over $83 during the session, ultimately closing up 3.27% at $80.98 per ounce. On Monday, spot gold initially opened 1.41% lower, while spot silver opened down over 2%. Influenced by the reopening of the Strait of Hormuz, international oil prices plummeted sharply last Friday. WTI crude oil fell over 10% intraday but recovered some losses later, finally closing down 6.3% at $86.89 per barrel. Brent crude closed down 6.49% at $88.17 per barrel. On Monday, WTI crude oil opened significantly higher, returning above $90.

Latest Gold Market Trends — Last week, the gold market opened lower at $4705.2 per ounce. The price initially fell quickly, hitting a weekly low of $4643.7 per ounce, then staged a strong rally. By Friday, it reached a weekly high of $4890.5 per ounce before pulling back towards the session's close. The week ultimately finished at $4834.3 per ounce, forming a large bullish candlestick on the weekly chart with a slightly longer lower shadow. Following this pattern, gold has a probability of continuing its upward move. In summary, gold is currently within a bullish consolidation range. After the lower open, it needs to test resistance levels. For today's trading, consider a strategy of selling high and buying low. Key resistance above is seen at $4820-$4850, with support below at $4745-$4700.

Latest Crude Oil Market Trends — The US crude oil market opened higher last week at $104.883 per barrel. After a slight push to $105.624 per barrel, prices experienced a strong decline, reaching a weekly low of $81.812 per barrel. Following consolidation, the week closed at $86.32 per barrel, forming a super large bearish candlestick on the weekly chart with a very long lower shadow. This closing pattern suggests a probability of stabilization and consolidation for crude oil. In summary, after breaking lower through consolidation, crude oil has opened higher and rebounded, indicating a potential change from the previous pattern. For today's trading, consider a strategy of selling high and buying low. Key resistance above is seen at $92.5-$96.6, with support below at $83.5-$80.0.

Latest Nasdaq Index Market Trends — The Nasdaq market opened lower last week at 24816.84 points. After an initial decline to a weekly low of 24749.67 points, it staged a strong rally. The index effectively broke through the resistance of the previous historical high at 26270 points, reaching a new weekly high of 26726.48 points before consolidating. The week finally closed at 26678.5 points, forming a saturated large bullish candlestick on the weekly chart with slight shadows. This closing pattern indicates the Nasdaq maintains its bullish trend. In summary, although the Nasdaq opened lower today, it has not altered the overall bullish structure. For today's trading, the primary strategy remains to buy on dips, with selling high as a secondary approach. Key resistance above is seen at 26750-26900 points, with support below at 26350-26200 points.