Daily Technical Analysis：XAU/USD、Crude Oil

Introduction: Welcome to our daily technical analysis of the financial markets, focusing today on XAU/USD and Crude Oil. Let's dissect the latest news, market trends, and crucial price levels to watch out for.

1. XAU/USD Analysis:
News Summary:
On Tuesday, spot gold continued its weak trend, falling to a two-week low before rebounding slightly. The news that Iran and Israel reached a complete ceasefire agreement stimulated global risk appetite, and risk aversion sentiment cooled significantly, putting pressure on gold to fall. However, some Fed officials released dovish signals, and the US dollar index fell for the second consecutive day, which prevented gold prices from falling further. In addition, part of the trillions of dollars in foreign exchange reserves of global central banks is looking to shift from the US dollar to gold.

Trend Analysis:
We can see gold fell and rebounded at H4 level, but it is still running below the 48 hours moving average. In addition, the MACD double line and energy bar converge below the zero axis. The buy limit could be used, stop loss is necessary.

Today's Key Price Levels:
Key Support Levels: [3285]
Key Resistance Levels: [3367]
Pivot Points [3300]

2. Crude Oil Analysis:

News Summary:
Crude oil has quietly become a major driver of sentiment towards the dollar again, with its correlation with the U.S. dollar index increasing significantly in recent months. With oil prices plunging and Fed officials hinting at a possible rate cut in July, the dollar may be primed for further weakness. The dollar benefits from the U.S.’s status as an energy superpower, which makes the U.S. far less vulnerable to supply shocks than other countries that rely heavily on fossil fuels to power their economies.

Trend Analysis:
We can see crude oil hovered at a low level and ran below the 48 hours moving average on H4 chart. On the other hand, the MACD double line and histogram bar gradually converge below the zero axis. Owing to the oversold state, the buy limit could be placed, stop loss is mandatory.

Today's Key Price Levels:
Key Support Levels: [63.00]
Key Resistance Levels: [70.00]
Pivot Points [64.50]