On Thursday, August 21st, the benchmark 10-year U.S. Treasury yield climbed 6.7 basis points to 4.705%, while the 2-year note, which is more sensitive to Federal Reserve policy, advanced 2.8 basis points to 4.19%. Spot gold experienced a modest pullback, pressured by profit-taking following the prior day's sharp gains, ultimately settling 0.08% lower at $4,519.33 per ounce. In contrast, spot silver continued its robust performance, closing up 1.60% at $68.09 per ounce. Meanwhile, WTI crude oil concluded 2.08% higher at $85.98 per barrel, and Brent crude settled 1.79% up at $91.69 per barrel, driven by the United States' announcement of new severe sanctions on Iran and ongoing navigation restrictions in the Strait of Hormuz.

Gold's latest market trajectory shows that trading opened at $4,523.8 per ounce, initially retreating to a daily low of $4,450.1 before staging a vigorous rebound to a daily high of $4,541.3. The session ended at $4,518.6, forming a bullish morning star pattern with an exceptionally long lower shadow on the daily chart. This closing structure suggests that gold maintains its bullish momentum. In summary, the ongoing upward trend is experiencing a corrective wave, with a higher probability of a breakout continuation today and a lower likelihood of extended consolidation. The operational strategy leans toward placing long positions on pullbacks as the primary approach, with short positions as a secondary tactic. Key resistance is identified at the $4,550-$4,600 range, while support lies at the $4,500-$4,450 level.

For crude oil, the market opened at $85.08 per barrel yesterday, briefly dipping to a daily low of $84.84 before rallying strongly to a peak of $88.33. It eventually closed at $86.89, producing a long upper shadow on a substantial bullish candlestick. This formation signals that crude oil is poised for continued gains. In summary, crude is advancing in a fluctuating manner and has entered its second phase. The critical threshold above sits near $90.8; a further breakthrough would likely intensify upward momentum. Today's approach favors long positions on dips, while short opportunities require patience for a suitable trigger. Resistance is monitored at $90.8-$91.5, with support at $85.6-$83.5.

The Nasdaq index opened at $29,479.52, initially rising to $29,595.18 before a sharp decline to a daily low of $29,105. It recovered in late trading to finish at $29,206.88, closing with a significant bearish candlestick featuring an upper shadow slightly longer than its lower shadow. This pattern indicates that the index's current consolidation phase is approaching a resolution. In summary, the Nasdaq has experienced another bearish retreat, yet it has not broken below its previous bullish adjustment platform. There is a likelihood of support emerging today. The strategy recommends prioritizing long positions on pullbacks, with short-term shorts as a secondary option. Resistance is seen at $29,600-$30,000, while support rests at $29,090-$28,900.

For futures account opening through major cooperative platforms, security and speed are guaranteed. This content is republished from a cooperating media source and is provided solely for informational purposes. It does not imply endorsement of the views or verification of the facts presented. The article serves as a reference only and does not constitute investment advice. Investors act on their own judgment and bear all associated risks.