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The situation in the Middle East heats up sharply, and the Golden Station is 3400 to attack
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Hello everyone, today XM Foreign Exchange will bring you "[XM Foreign Exchange Decision Analysis]: The situation in the Middle East has heated up sharply, and the gold station has made great efforts to attack." Hope it will be helpful to you! The original content is as follows:
Zheng's silver point: The situation in the Middle East has heated up sharply, and gold has made a strong move upwards at 3400
Review yesterday's market trend and technical points:
First, in terms of gold: the overall layout direction yesterday was still OK, but it lacked some courage to enter the market, and always wanted to wait for a conservative position, but it missed a few waves of profits; yesterday's morning rose, suppressing the sideways at 3376-3 in the afternoon 366 range was several hours, and I just asked to wait for the conservative rebound of 3379 to take a bearish wave first, and the result was 3375 directly plunged to 3338; and before diving, I analyzed early that the 3340-3330 area was strong support, and it could be bullish when it touched, or because I was cautious and conservative, I stopped at the second position of 3330 and went long, and the result was 3338 directly V pulled up and broke through high; then the European session was strong, and the US session was naturally prone to pull up again, and it was planned to 3370 back and look bullish. , the lowest 3373 rose again, today's risk aversion heated up, and it continued to rise sharply, and it continued to rise to 3400; so, it lacks courage and motivation. In order to wait for those US dollars, it does not choose to participate radically or participate in batches, thus missing the opportunity;
Second, in terms of crude oil: Yesterday, it planned to be on the bottom of 66 to rise at a low price, and the price was not in place, with a low of 66.7, and today's direct violent rise to 76;
Interpretation of situation analysis:
First, gold daily line level: yesterday stabilized the short-term moving average and continued to rise and close the positive. This morning, the situation in the Middle East heated up again, and the gold price rose directly to the high point of 3444, and this position happened to be the upper rail pressure point of the fluctuating upward channel in the past two weeks; therefore, pay attention to its gains and losses tonight and determine whether it can strengthen further next week; once it stands above 3444-45, it is expected that 3500 will be tested soon; daily, weekly, and monthly cycle levelsContinue to maintain the trend bulls unchanged; the weekly video also pointed out that the lower track of the weekly channel has approached, and you must choose to break through at any time in the past two weeks. It is very likely that if you break through upward, it will be in line with the final trend;
Second, golden hourly line level: the risk aversion in the morning was sharply pulled, the European session suppressed 3444 and corrected a wave of correction, the US stabilized before the session at 3412 and exerted its strength again, then the big negative at 19 o'clock is equivalent to a small washdown; it has already pulled up again, and it will remain strong bullish tonight, and 3428-3420 will have top and bottom support. The bullish treatment is still bullish at this position, and the resistance is still 3444-45. If it breaks through or runs to 3460 and up, it will then rise and fall due to divergence;
Silver: Yesterday, the daily line level 10 moving average stabilized and bottomed out and rose, closing down and the long-term lower shadow stabilized K. Today, relying on the 10 moving average above 35.7, it continued to be bullish;
In terms of crude oil: the low point of 70.9 today fell back, which happened to be the 618 support from the overnight low point to today's high point; pay attention to the middle track of the hourly line tonight, this position touches the stabilization and then looks bullish again, with the resistance of 75 line;
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 for more than 12 hours a day in the past twelve years. Technical points will be disclosed every day, and the interpretation of text and videos. Friends who want to learn can xm-forex.compare them based on the actual trend. Reference; those who recognize ideas can refer to the operation, lead the defense well, risk control first; those who do not recognize them should just be floating by; thank you for your support and attention;
[The article views are for reference only. Investment is risky. You must 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 the K-line rules, channel rules, time rules, moving average rules, segmentation rules, and top and bottom rules; student cooperation registration hotline - WeChat: zdf289984986
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