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Data turbulence disturbs the market, the gold and silver range is short first
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Hello everyone, today XM Foreign Exchange will bring you "[XM Group]: Data turbulence disturbs the market, the gold and silver range is short first". Hope it will be helpful to you! The original content is as follows:
Yesterday, the gold market opened at 3660.2 in the morning and then the market first rose. The market continued to fall and pressure downward. The European session was given a position of 3633.5 and the US session rose strongly. The daily line reached a 4-hour level of 3673. The Bollinger mid-track pressure fell rapidly during the trading session. The daily line was given a position of 3627.4 and then the market consolidated. The daily line finally closed at 3644.6. The line closed with a middle-yin line with an upper and lower shadow line. After this pattern ended, today's market has continued to fall pressure. At the point, the long 3325 and 3322 below were long and 3377 and 3385 long and 3563 last week reduced positions and the stop loss followed at 3570. Today, 3667 short stop loss is 3673. The target below is 3650 and 3640 and 3632 and 3627, and the support below is 3621 and 3613-3610.
The silver market opened at 41.629 yesterday and the market first rose. The market continued to fall and pressure downward. The daily line was at the lowest point of 41.179 and then the market rose strongly. The daily line reached the highest point of 41.972 and then the market consolidated. After the daily line finally closed at 41.805, the daily line was a very long pregnancy line with a lower shadow line.The hammer head pattern ends, and after such pattern ends, the daily anti-decline signal, the long at 37.8 below the point, and the long at 38.8 on Friday, the stop loss followed up at 39.5, and the long at 41.3 today is 41.1, and the target is 41.6 and 41.8-42-42.2 pressure.
European and American markets opened at 1.18112 yesterday and the market fell first, and then the market rose strongly. The daily line reached the highest position of 1.18486 and then the market fell strongly. The daily line was at the lowest position of 1.17486 and then the market rose at the end of the trading session. After the daily line finally closed at 1.17850, the daily line ended with a spindle pattern with an upper and lower shadow line. After this pattern ended, the long position of 1.16600 and the long position of 1.17100 last week were reduced and the stop loss followed at 1.17000. Today, the target below 1.18200 short stop loss of 1.18400 is 1.17600, 1.17400 and 1.17200 are ready to leave.
The US crude oil market opened at 63.95 yesterday and then the market consolidated in a large range. The US market was given a position of 63.35 at the beginning of the US market. After the market reached a position of 64.55 at the highest, the market fell strongly. After the daily line reached a position of 63.36 at the lowest, the daily line finally closed at 63.68. After the market closed in a spindle pattern with an upper shadow line slightly longer than the lower shadow line. After this pattern ended, the short position of 64.4 yesterday was reduced and the stop loss followed at 64.5. Today, the target below the 64.1 short stop loss is 63.8 and 63.3, and the target below the 63 and 62.8.
Nasdaq market opened at 24251.58 yesterday and the market fell slightly back to 24244.91. After the market rose strongly, the daily line reached the highest point of 24568.45. After the market consolidated, the daily line finally closed at 24468.39. Then the market closed with a large positive line with a longer upper shadow line. After this pattern ended, 24375 more stop loss 34300 today, and the target was 24450 and 24500 and 24550.
The fundamentals, yesterday's fundamentals, the Bank of England kept the interest rate at 4% with a 7-2 vote ratio, and reduced the pace of quantitative tightening from 100 billion pounds to 70 billion pounds. Bailey, the bank's president, said he still believes that interest rate cuts will continue. The number of initial jobless claims released by the United States hit the biggest drop in nearly four years, reversing the sharp increase in the previous week (data released)The news later said North Carolina's renewal data was wrongly underestimated by more than 19,000 people, and a spokesman for the Department of Labor said it was still investigating the matter). Therefore, the market's long-short limit conversion after the US market is mainly focused on the announcement of interest rate decisions by the Bank of Japan. At 14:30, the Bank of Japan Governor Kazuo Ueda held a monetary policy press conference.
In terms of operation, gold: 3325 and 3322 long below and 3377 and 3385 long last week, and 3563 long last week, followed by the stop loss at 3570. Today, 3667 short stop loss at 3673. The target below is 3650 and 3640 and 3632 and 3627, and the support below is 3621 and 3613-3610.
Silver: The long position of 37.8 below and the long position of 38.8 last Friday, the stop loss followed up at 39.5, and today's 41.3 long stop loss of 41.1, and the target is 41.6 and 41.8-42-42.2 pressure.
Europe and the United States: Last week, the long position of 1.16600 and the long position of 1.17100 were reduced and the stop loss followed at 1.17000. Today, the target below 1.18200 short stop loss of 1.18400 is 1.17600, 1.17400 and 1.17200 is ready to leave.
U.S. crude oil: The short position of 64.4 was reduced yesterday and the stop loss followed by 64.5. Today, the short stop loss of 64.5 is 63.8 and 63.3. The target below 64.1 is 63.8 and 63.3, and the target below 63 and 62.8.
Nasdaq: 24375 is 34300, and the target is 24450 and 24500 and 24550.
The above content is all about "[XM Group]: Data turbulence disturbs the market, the gold and silver range is short first". It was carefully xm-forex.compiled and edited by the editor of XM Forex. I hope it will be helpful to your trading! Thanks for the support!
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