Leng Yijie: On 4.7, gold is moving sideways, and crude oil is actively being bought on dips.

Eliminate fraud and keep it real; rely on facts and be truth-seeking. Hi everyone, I’m Leng Yijie. (Add: Teacher Leng, please provide your current trade-following approach immediately.)

At present, I can provide live-account follow-trading accounts for verification of returns! From Oct 10, 2025 to now, I’ve already completed multiple doubles and more.【You can verify and observe】

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Whether you choose to cooperate with me or not is up to you, but you must be responsible for the wrong choice you make yourself! The foreign exchange market is a long-term, steady, profitable investment industry. If you don’t really understand it, please choose carefully! Because it can carry you on a boat, and it can also capsize you! It may be a scorching hot potato that wears down your mind and material life, and it may be the fuse that destroys your family. What Yijie most wants to emphasize here is: family first, work second, investment third! Heavy positions, holding orders, locking positions. No matter what the situation is, as long as there’s a big loss, basically it comes down to these three points. After years in this industry, these are all the “weak spots” of every investor. My personal advice is: set a stop-loss for every trade. Don’t dismiss it as nothing after one setback, or in the end you’ll end up losing everything. Some of my lessons after working in this industry—whether you are my fellow traders, or my students—whether this is your story or telling my own experience, none of that matters. What matters is that if you can gain something and feel something from what I’ve said, and it helps you, then that’s what counts. Let’s encourage each other together. As for trading, if you want to profit long-term, you must have a mature trading system. Trading back and forth all day and all the time is “placing orders to churn volume.” You’re constantly anxious every day, but you can’t make money—so what’s the point? It has no operational significance at all! In terms of execution, my recommendation is to focus mainly on swing trading!

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The gold daily chart has entered a localized consolidation. Starting from the 5420 high, wave-structure corrections have begun. The rebound is currently in the process of confirmation. Early last week, there was slight pressure around the 0.5 level of the Fibonacci retracement. This week, watch the resistance strength near 4750; if the resistance is successfully pressed through and held, price should shift back and fall around and below this level. Today, the consolidation structure remains unchanged, and we continue to look for the same range.

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Gold:【1】For the aggressive traders, short around 4720. Defend at 4750. Look for 4550–4500 on the downside.

【2】Look for opportunities to buy on dips from below.

Crude oil’s price action is consolidating and rising; the oil price is trading above 110. Prices repeatedly cross through the moving average system, and the short-term objective trend is following a consolidation rhythm. Judging from the primary/secondary rhythm, oil is consolidating as a secondary move at higher levels, while the subjective trend direction nearby is moving upward in sync. The MACD indicator is interwoven and running above the zero axis; bullish momentum still has the advantage. Day trading actively staying long remains unchanged.

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Crude oil:【1】Go long at 110.0–110.5, defend at 107.30, targets 116.0–118.0.

The articles above are by financial analyst Leng Yijie