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Gold will set the world for the last two days, and it is still expected that the weekly line will close and bottom to pull up K
Wonderful introduction:
Optimism is the line of egrets that are straight up to the blue sky, optimism is the thousands of white sails beside the sunken boat, optimism is the lush grass that blows with the wind on the head of the parrot island, optimism is the falling red spots that turn into spring mud to protect the flowers.
Hello everyone, today XM Foreign Exchange will bring you "[XM Foreign Exchange Market Review]: Gold will set the world for the last two days, and it is still expected that the weekly line will bottom out and pull up K." Hope it will be helpful to you! The original content is as follows:
Zheng's silver point: Gold determines the universe in the last two days, and it is still expected that the weekly line will close to bottom and pull up K
Review yesterday's market trend and technical points:
First, in terms of gold: Yesterday, the Asian and European session continued to fluctuate within a narrow range of 10 meters, and the short-term bullish on the day will rebound to 3334 small profits, and then wait for US market data; the research report pointed out that If the data is released after the big negative, once the middle track of the hourly line is effectively lost, the rebound confirmation can be viewed first. Unfortunately, it does not give a chance to confirm, and it directly suppresses to 3290 in one breath; if it is not given a relatively good position, there will be no chance to be released later, and you will watch the show all the way, just like waiting for 3300 to see a relatively good position the day before yesterday, and the result is only given to 3307, then stretching to 3340, and also misses the opportunity;
Second, silver: Yesterday, the first time I touched the lower track of the channel 38, which was in line with the pull-up, and the profit was 38.2; the second time I tried it again, and the break was touched; I did not participate after considering the news in the second half of the night;
Today's market analysis and interpretation:
First, gold daily line level: Yesterday closed at a big negative K, and it was still under pressure. The short-term 5 moving average fell and adjusted, touching the 3268 line at the lowest, and it gradually approached the strong support from the weekly middle track, which also means this round The adjustment will end at any time; the continuous suppression in the past few days can bring down all those who are not firm and bullish. Some people have been clamoring to me, saying that 3500 is the top, and the bull market has ended long ago. As long as every time it falls, I will show off. I still say the same thing, my vision is too narrow, and I should look far; please narrow the daily chart K-line, or look at the margin line. Such a clear overall upward trend, will you actually think it is a bear? The trend needs to reverse, what is the premise?clear? Not to mention that the annual moving average is still far away, then is the last wave of pullback and the low point of 3120 that broke through? Is the weekly middle track broken? At least you have to effectively lose them before you can say that the trend is reversing; in addition, after a closer look, in the past three months of consolidation, the May 7 high 3438 suppressed to the 3120 low, the June 16 high 3452 suppressed to the low 3247, and the July 24 high 3438 suppressed to the current low 3267. Have you noticed? The pressure of each wave is significantly weakening; as long as the daily line closes above the 5 moving average in these two days, it is the prototype signal of the end of the short-term decline correction. It is expected that these two days will be established at any time. We insist that the bullish trends at the daily, weekly and monthly levels will not change. If you say that the 4-hour and hourly line level cycles, then the trend is on the downward trend, but this is only for the day;
Second, the gold 4-hour level: Pay attention to the middle track 3315 tonight, which was under pressure yesterday, and at this time, macd has a bottom divergence. Once it breaks up 3315 today, it will rise up again and then fall back and oscillate;
Third, gold hourly line level: Last night, due to small non-agricultural ADP, GDP and other data, the gold price was basically negative last night. Lao Bao's speech was actually neutral, but the market would interpret it more hawkish because of these data; but today's Asian session trend showed signs of small V, and have you noticed that in the past three months, before each short-term bottom, a small V pulled up, and then hit a second bottom on the second day to reach a low point, and then strengthened all the way; today's Asian and European sessions continue to rise, and the US session will have a second rise, supporting 3293 upper middle track, and 3285, the resistance is 3315, and the upward is 3325. If you break through the upper track of the yellow channel, it will hit it near 3338-3340, and the resistance is under pressure and then rises and falls;
Silver: The European session breaks down, hitting the lowest level of 786 segment support 36.2. Once the second suppression of the US session stabilizes at 36.2, it will be bullish and corrected when it is low, and the upward resistance will be 36.9, 37.4, etc.; or stand again above 36.6, and retrace it to confirm the rebound;
Crude oil: From the above chart, crude oil does not chase the rise. On the one hand, the hourly line macd divergence occurs, and on the other hand, the upper rail of the new channel is under pressure. When it falls back above yesterday's low, it is also stable above the daily 5 moving average. Hold on, and then go bullish when it is low. The divergence will be repaired in a few days. You must break through to the upper rail of the yellow channel in the future to continue to strengthen;
The above are several points of the author's technical analysis. As a reference, it is also the technical evidence accumulated by the market watching and reviewing for more than 12 hours a day in the past twelve years.Summary of the test, technical points will be disclosed every day, and text and video interpretations will be interpreted. Friends who want to learn can xm-forex.compare and reference based on actual trends; those who recognize ideas can refer to operations, lead defense well, risk control first; those who do not agree should just be floating by; thank everyone for their support and attention;
[The article views are for reference only. Investment is risky. You must be cautious in entering the market, operate rationally, strictly set losses, 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 interpretation will be disclosed 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-bottom rules; student cooperation registration hotline - WeChat: zdf289984986
The above content is all about "[XM Foreign Exchange Market Review]: Gold determines the universe in the last two days, and it is still expected that the weekly line will close and bottom to pull up K". It is carefully xm-forex.compiled and edited by the editor of XM Foreign Exchange. I hope it will be helpful to your trading! Thanks for the support!
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