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Tariffs from the United States and Europe have been reached, and gold has bottomed out and rebounded!
Wonderful introduction:
Spring flowers will bloom! If you have ever experienced winter, then you will have spring! If you have dreams, then spring will definitely not be far away; if you are giving, then one day you will have flowers blooming in the garden.
Hello everyone, today XM Foreign Exchange will bring you "[XM Foreign Exchange Decision Analysis]: US and European tariffs have been reached, gold bottomed out and rebounded!". Hope it will be helpful to you! The original content is as follows:
Stay another city and the summer vacation will end.
The last time Hefei happened 7 years ago. When the industry was at its peak, seven or eight years have passed in a flash. I have met many people these times, all of which are the stories of the past and the current ones.
The next city, August 2, Hefei, the time node is also August, and it is time for gold to be cleared.
Is it more or more? Let’s discuss it together (contact customer service to ask for the meeting address and time)!
See transactions, life, self, friends, and ultimately, they are all magic wands that break the mind!
The wishes made in the temple were all realized by the abbot and became the biggest melon on the weekend.
The human nature is still not escaped from human nature. No matter how many precepts it is, it will be difficult to break the precepts from the beginning.
Good morning, you are in front of the screen, don’t convince others in everything. Most of the time, others think that persuasion is teaching. Even if you think it is very correct, others also have other people’s ideas, especially trading. In the future, you are all predictions. Don’t convince others. If you can listen, you will stay away from them. Find a suitable xm-forex.companion and move forward together.
In terms of gold, there are four reasons, three key points:
1. The problem of tariffs will be resolved in the short term and will continue in the long term.
2. Geographical conflicts will not ease (Russia and Ukraine, Middle East)...
3. Trump's various policies benefit the United States, but the market will hedge risks and benefit gold, and the golden sentences will be frequent, and the fluctuations will have a great impact.
4. Four tests are 3400 at the top of the line. The more times you test, the smaller the resistance. If you go up, the probability of breaking the high is high.
YellowIn terms of gold, it opened low and rebounded in the morning. This trend lasted for 6 consecutive weeks and left the position away from the opening.
While the price continues to approach 3300 points, I also saw that some people said that the bull market has ended and the top has been established. This can only be the wise, and each has its own opinions. Leave the future to the future.
At the current node, the EU and the United States have reached a tariff cooperation, with a 15% tariff + US$600 billion investment in the United States. The additional tariffs are considered big money, and the United States has become a winner this time, one is to purchase US military equipment and purchase US$750 billion of US energy. Turn both of America's strengths into money.
Of course, this is a small negative for the current gold market.
But in the long run, there are still many, this is the main direction.
This time the decline made the 100-day moving average closer. It has always emphasized that it has fallen back to the 100-day moving average. Now, it is getting closer and closer, and this position is close to the previous double bottom. According to the double bottom of the rise and retreat, touching the 100-day moving average and double bottom is the time to layout. Of course, this domestic product depends on whether it is given or not.
In addition, the daily line has three negatives, which is also the largest correction date since the 3500 high. According to this cycle, today's daily line turns positive, and the cycle pattern still depends on it.
But this talk about the few points that appeared last week:
1. It fell in the morning for three consecutive trading days, forming a watershed in the morning high point.
2. This trend is one of a pullback and two bottoms, and the other is a breakthrough in the watershed.
3. The watershed above is not broken, and the intraday trend has not turned stronger.
4. The watershed below falls below, especially when the European session breaks, the US session becomes weaker, plus 6-8 points without a rebound.
The last two points must be remembered. If you retreat the previous day and continue to fall on the second day, you must wait for the breakthrough of the watershed to become stronger. If you break down the watershed, don’t participate if you have more.
Today, the low opening in the morning has finished the market.
1, double bottom position 3310, directly touched the market for 5 minutes and rebounded to a drop.
2, opening a drop in Europe 3339 is today's watershed.
3, the upper side continued to fall to 3347-48, the key resistance level today.
4, this continues to go to Cardo, the distance is 30 US dollars in the morning, and it is not a retreat, nor is it a direct card. But the current location is definitely not empty.
5, of course, there is no position. You can watch the strength of the European market during the day, and follow the layout of the US market.
Break through 3340 in the day, with the target below 3348-50, with the top-bottom conversion and continuous decline.
If the day is suppressed below 3340, then the double bottom position will be retraceed twice in the evening, considering whether the double bottom is too much.
【The above only represents the author’s personal views and opinions, Investment is risky, please be cautious when entering the market]
The above content is about "[XM Foreign Exchange Decision Analysis]: US and European tariffs have been reached, gold has bottomed out and rebounded!" It was carefully xm-forex.compiled and edited by the XM Foreign Exchange editor. I hope it will be helpful to your transactions! Thanks for the support!
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