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Gold fell below 3300 during the day, fluctuating and falling slowly, and it is still looking to decline tonight
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Hello everyone, today XM Foreign Exchange will bring you "[XM Official Website]: Gold fell below 3300 during the day, fluctuating and falling slowly, and it will still be seen to decline tonight." Hope it will be helpful to you! The original content is as follows:
Zheng's silver point: Gold fell below 3300 during the day, fluctuating and falling slowly, and it is still looking at a decline tonight.
Review the market trend and technical points that appeared last Friday:
First, in terms of gold: Last Friday morning, the opening cycle was upward and pulled upward, but it was still under pressure below 3370. It surged at 10 points and fell under the channel counterpressure. It is believed that the sudden pull did not continue, and gave 3360 and 33 The 50 short-term bearish one after another, and the 3350 band was bearish, and finally plunged sharply to 3290, making good profits; the US market was looking at the fluctuation, giving 3317 resistance to bearishness, and the support above 3260 was bullish, and the distance was almost not touched, so it was not forced to end the rest;
Second, in terms of silver: it is still resistant to gold overall, and it still holds on at 32.7. Since it is not very synchronized with gold these days, we choose to watch more dramas; /p>
Interpretation of today's market analysis:
First, golden weekly level: Last week, a long upper shadow cross K closed, then there is resistance suppression and correction of 3500. This week, it is expected to test the MA5 moving average or pierce it and then seek stabilization and pull up;
Second, golden daily level: short-term moving average 5-day dead cross for 10 days, there is a large short-term suppression below 3330. This morning, it directly fell back to the 3300 mark, which means breaking The lower rail support of a certain upward channel mentioned in the weekly video will still be in a downward adjustment in the short term, but it is currently trading sideways between 3260 and 3360. As the high point gradually moves downward and the low point is tested many times, it will eventually tend to go downward and fall down first, then stabilize to the short-term bottom, slowly rise and rise during the holidays. The expected bottoming position is still referring to the middle track 3200 line;
Third, gold 4-hour levelDon't: The key middle rail is under pressure in the morning and rises and falls again. It is the key turning point of this cycle. As long as it does not break through the middle rail, it will continue to oscillate and downward, and move down tonight to resonate with the resistance on the 66th;
Fourth, gold hourly level: Asian session plunged from 3336 to 3268, European session fluctuated from 3300 to 3273, overall Asian and European session trend was downward and weak, so it is still inclined to suppress bearishness tonight; but the low point also slowly moved upward in small steps, from 3260 to 3264 to 3268 and then to 3273; this may result in repeated fluctuations and repeated sweeping of the market, and it is better to fall slowly At the end, suddenly pulling up quickly; at the end, suddenly falling sharply; first focus on the middle track 3293, which is also a drop in the European session. If it breaks up, focus on 3314. The big negative drop is also the pressure point of the upper track of the yellow channel. When it hits a bearish fall, it will fall when it falls. When it effectively falls 3270-3260, it will test the next support 3245, 3228, etc.;
Silver: Tonight, pay attention to the two resistances 33.3 and 33.1, support 32.7, and look at the gains and losses. Since it is not very synchronized with gold, you can take a look in the past few days. After the short-term stabilization signal appears, consider the bullishness of silver at a low level. After all, it is resistant to declines than gold prices and is easier to rise;
In terms of crude oil: the channel resistance is 65.7, support 61.1, continue to pay attention to the up and down operation between channels, and treat it with the side to oscillate;
The above are several points of the author's technical analysis. As a reference, it is also a summary of the technical experience accumulated by the market watching and reviewing for more than 12 hours a day in the past twelve years. Technical points are disclosed every day, and text and video interpretations are interpreted. Friends who want to learn can xm-forex.compare and refer to them based on the actual trend; those who recognize ideas can refer to them. , lead the defense well, risk control first; if you don’t agree, just pretend to be bye bye; thank you for your support and attention;
【The views of the article are for reference only, investment is risky, you need to be cautious when entering the market, operate rationally, set losses strictly, control positions, risk control first, and bear the profit and loss at your own risk]
Contributor: Zheng’s Dianyin
A study on the market for more than 12 hours a day, persist for ten years, and detailed technical interpretations are made public on the entire network, serving the whole network with sincerity, sincerity, perseverance and wholeheartedness! xm-forex.comments written on major financial websites! Proficient in K-line rules, channel rules, time rules, moving average rules, segmentation rules, top and bottom rules; student cooperation registration hotline - WeChat: zdf289984986
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