#贵金原油价格飙升

Oil prices have gapped higher at the open. The market generally believes that if the lockdown lasts more than two weeks, Brent crude will easily break through the $100 mark. Aggressive analysts even predict that in an extreme long-term lockdown scenario, oil prices could challenge the historical high of $150. The key support level is 75, short-term resistance is 92, and the extreme target is 120.

Risk aversion has pushed gold to a record high near 5270. Amid global fiscal concerns and ongoing conflicts, institutions are generally optimistic about gold reaching 5800 in the second quarter. The key psychological threshold of 5500 is the next critical level.