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Gold continues to rise 3700 unilaterally, and continues to rise at 3680 tonight
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Hello everyone, today XM Foreign Exchange will bring you "[XM Foreign Exchange]: Gold continues to rise 1-side up by 3700, and continues to be bullish on 3680 tonight." Hope it will be helpful to you! The original content is as follows:
Zheng's silver point: Gold continues to rise 3700 unilaterally, and continues to be bullish at 3680 tonight.
Review yesterday's market trend and technical points:
First, in terms of gold: Yesterday's morning opening, it was the first to fall in the dark, and it fell behind the 3640 support, and it first lured a wave, making people think that it will fall slowly within the day, so when the market enters a volatile correction, especially the strong To sort out the situation, try to follow the trend and avoid short ideas, and the rhythm will not be disrupted; to bottom out at 10 o'clock and then go back to the morning and open a decline again, which basically means that the market is not weak, the European session has fallen into a narrow range of fluctuations, and it has repeatedly touched the mid-line of the hourly line under pressure; it was pointed out in the evening that once it effectively breaks through and wins the middle track, it is easy to break up and strengthen, and to win the resistance of 3660 will hit a record high; finally closes at 21 o'clock, and then falls back after 21 o'clock It was followed by bullish opportunities, successfully hit a historical high, approaching the 3687 long-term lower target, and successfully seized another band to close gold beans;
Second, in silver: Similarly, silver also ushered in a big positive pull-up yesterday, and the intraday retracement confirmed that the upper track of the previous upward channel was effective at 41.95. The closing at 21 points was obvious. The lower shadow of the long-term lower shadow was significantly stabilized, followed by a wave of bullishness and successfully hit a recent high, reaching a high of 42. 75, and successfully got the meat;
Today's market analysis and interpretation:
First, gold daily line level: Yesterday's big positive effectively broke through last week's sideways resistance level, and today's high probability will continue to rise in unilateral continuous positive directions, impacting above 3700; the short-term 5 moving average is 40 meters away from the current price, and it is impossible to test for the time being, because it is a very strong continuous pull-up, and it is possible to test for the next day (after the interest rate cut is reached) tomorrow (after the landing)Recognize the short term for 5 days or 10 days, then stabilize and continue to move on one side;
Second, gold 4-hour level: macd is in a top divergence state again, but in a unilateral pull-up market, divergence can delay time to correct, but since it is in a divergence, every time a new high is broken in the day, there will be more or less some short-term decline, which also gives the opportunity to repeatedly be bullish at low levels; pay attention to the 5 moving average tonight or stabilize and continue to be bullish after puncture;
Third, golden hourly line level: the last night has been going strong and the rise is strong. This morning we should try to continue the rise with a strong momentum. Generally, relying on the sideways low point in the early morning or the 382 segment support, that is, above 3674 and above 3666; it doesn’t matter if we miss the sharp pull before 10 points, because from the recent unilateral trend rules, it is difficult for the Asian market to continue the continuous positive ones in one breath, and it will generally rise and fall. The European market will either fluctuate or rise slowly and rise higher, and the US market will again rise again for a second upward trend; therefore, after 10 points, the prompt repeatedly touches 3676-74 to continue to be bullish, and the 3680 is also bullish in advance, enter in batches, and finally reach the 3695 target successfully, with a maximum of 3699 8; So for tonight, although the short-term divergence of macd is relatively serious, the European session is in a mode of continuous climbing and breaking highs. Tonight, we still want to try to be bullish again, but I hope it can briefly induce a short-term short-term decline, close to the middle track 3680-83 to look bullish when it is low, and the limit is 3676-74 to be bullish when it is low. If it breaks below 3674, it needs to rebound and adjust positions. It is best to close and stabilize the middle track so that the short squeeze can be strongly upward. The target resistance should pierce the 3700 mark. Pay attention to the range of 3704-3710. If it continues to pull up strongly, look at 3734 again; continue to maintain the principle of only long but not short, follow the big trend bullish;
Silver: The Asian session fell sharply, testing the top and bottom support line 42.45, indicating that it is bullish when it is low, and the European session is about to approach the 42.8 line; the short-term macd is also in a certain divergence, and we also look forward to the bottom to pull up tonight to conduct a second pull-up; we still pay attention to the top and bottom support around 42.45, and immediately rebound and stabilize after reaching stability or puncture. They are bullish signals, target 43 and above;
Crude oil continues to wait and see, and gold and silver unilateral trends are rising How xm-forex.comfortable, easy to do, and good profits, you don’t have to pay attention to the small range of crude oil fluctuations, and it doesn’t continue.
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 monitoring and review for more than 12 hours a day in the past twelve years. Technical points are disclosed every day, and the interpretation of text and videos are interpreted. Those who want to learn can xm-forex.compare and refer to the actual trends. Those who recognize ideas can refer to operations, lead defense well, and risk control first; those who do not recognize themJust pretend to be floating by; thank you for your support and attention;
[The article views 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
After reading and research for more than 12 hours a day, persisting for ten years, detailed technical interpretations are made public on the entire network, and serve the wholeheartedly, with sincerity, sincerity, perseverance and wholeheartedly! 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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