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Before gold holds 3313, it tends to follow the bullish first
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Hello everyone, today XM Foreign Exchange will bring you "[XM Foreign Exchange Decision Analysis]: Before gold holds 3313, it tends to follow the bullish first." Hope it will be helpful to you! The original content is as follows:
Zheng's silver point: Before gold holds 3313, it tends to follow the bullish first
Review yesterday's market trend and technical points:
First, in terms of gold: yesterday's gold continued to weaken and suppress, and hit the 3286 line and showed a stabilization rebound again. Relying on the 618 segment position of 3247-3365, 3292, try to follow the bullish reversal But I found that there was not much force to pull back, so I thought the position was not good, so I was able to protect people from the nearest capital. Then I waited for the short-term channel lower track 3281 to try to continue to rebound bullishly, but unfortunately, the lowest price in the European session was 3282, slightly less than 1 US dollar. After that, the operation and movement of the European session was easily associated with the similar situation on Monday, and it fell into the 10 US dollar range and repeatedly went back and forth, and then made a strong attack after 21 o'clock; therefore, if the decline again, it would continue to test bullishness based on the 3286 line, and the final result was However, in line with the prediction, the US market closed at 21 o'clock and stood on the mid-track of the hourly line, which means that the bottom stabilized successfully. After breaking through the 3307 high in the morning, the retracement confirmed that the stabilization was another time to follow the bullish moment, and finally all reached the 3320 target, and even approached the 3330 target;
Second, in terms of silver: Yesterday, it was repeatedly relied on the 36.4 line and was bullish on lows, and it rose many times to 36.7 and 36.6 profits;
Third , Crude Oil: Yesterday was a pity, and the plan was to give the 69 line to reap profits, and then go backhand to bearish, because the hourly line macd showed a double top divergence at that time, but the highest was only 68.9, a slight difference of 0.1;
Today's market analysis and interpretation:
First, gold daily line level: Yesterday, it held the key trend support line of the bottom 2832-2956-3247, closing with a lower shadow lineThe bottoming out and rising against positive K means that today we have to continue to fall back and look forward to the bullish wave. The convergence triangle has also reached the key support node of the lower track. Next, we are expected to test the middle track 3345-46 line. Only by closing and breaking through and standing up can we have the opportunity to test the upper track 3430 line of the convergence triangle; the adjustment time since the 3500 suppression is the longest in the past two years, but the adjustment has always been a correction under the background of the bull trend. The longer the time, it means that once the adjustment is over in the future, the more continuous pull-up of the bull market will be, wait patiently!
Second, gold 4-hour level: breaking through the middle track the day before yesterday, but it didn't take long to suppress it, just a shot; today's continuous positives broke through the middle track again, hoping that this time it will really break up, so be sure to pay attention to the middle track tonight. If it can stabilize it, it will maintain a further upward push and pull up; under the zero axis of macd, the red column's momentum is increased, and it will also cooperate with the upward momentum;
Third, the golden hourly line level: it continued to rise overnight, and again appeared to break through the high of V. This morning, it directly continued a wave of rise, touching the 3325-26 line, just under pressure, the upper track of the yellow channel in the upper chart, and a wave of retracement was carried out. It was originally thought that it could be adjusted to the middle track 3308-09 and stabilized before continuing to bullish, but unfortunately it was only given to 3314 and turned upward, pierced the high point in the morning, and pierced the upper track of the channel, and then hit the channel downward, and then closed the positive and broke through the upper track again. This should be a www.xmhouses.competition between bulls and bears on the upper track of the channel, and the climb was quite slowly, but the high and low points were indeed moving up slowly, which can also be called a slow rise market or "warm" Boil frogs" This way of walking seems to be difficult to rise, but it just cannot go down for the time being, slowly breaking the high step by step, constantly consuming investors' patience; since you choose to repeatedly break through the upper track and be on the middle track, then with the Fengshui Mountain 3313 first-line node, or before holding the middle track, you should first try to follow the oscillation and look upward. There is resistance of 3330, and then break through, look at 3338-3345, and then under pressure and fall back and go up again; of course, you should also be mentally prepared for the second-hand. If you lose the middle track or Fengshui Mountain downward, there will be a wide wash in the previous two days, and then press and go to the low level.
In terms of silver: It is quite difficult for gold to climb upward because it has been 15 minutes in a short period of 15 minutes and half an hour macd has not been www.xmhouses.completely repaired to the zero axis or below; but silver is different. After the slow consolidation and grinding time in the previous two days, it has been repaired. At this time, it is slowly increasing the volume, easy to exert force upward, and it remains bullish. The resistance target is 36.8-36.9. If it can break through to 36.9-37, it may hit 37.3 and up;
Crude oil: Yesterday's research report said that short-term macd is in a divergence, and it is necessary to go down and repair a wave before further rising and rebounding; today, I will still pay attention to a wave of decline, and then go to the lower track 36.6 line to stabilize before fluctuating and bullish;
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 watching and reviewing for more than 12 hours a day in the past twelve years. It will be published every day. Open a technical point, cooperate with text and video interpretation, friends who want to learn can www.xmhouses.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 recognize them should just be over; thank everyone for their support and attention;
[The article views are for reference only, investment is risky, and you need to be cautious when entering the market, operate rationally, strictly set losses, control positions, risk control first, and be responsible for your own profits and losses]
Contributor : Zheng's Dianyin
A study on the market 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, sincerely, persistently and wholeheartedly! www.xmhouses.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
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