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Gold, not so fragile!
Wonderful introduction:
A secluded path, with its twists and turns, will always arouse a refreshing yearning; a huge wave will make a thrilling sound when the tide rises and falls; a story, regretful and sad, only has the desolation of the heart; a life, with ups and downs, becomes shockingly heroic.
Hello everyone, today XM Forex will bring you "[XM Foreign Exchange Official Website]: Gold is not so fragile!". Hope this helps you! The original content is as follows:
Yesterday, I once again saw that Shenzhen has raised the market value of listed www.xmhouses.companies to government requirements, striving to www.xmhouses.comprehensively improve the quality of listed www.xmhouses.companies in the area by the end of 2027, with the market value of domestic and overseas listed www.xmhouses.companies exceeding 20 trillion, and cultivating 20 www.xmhouses.companies with a market value of 100 billion.
The last time it was proposed by Zhejiang in 2024, it strived to have 200 listed www.xmhouses.companies.
After all, A-shares are still regarded as a furnace for financing. If the market value increases, it will either be a bull market or continue to raise funds.
Why can’t we regard employment as the first priority, but increase the market value? If the SSE reaches 6,000, you don’t have to work hard, and the market value will exceed 20 trillion. What do you think?
Good morning, you in front of the screen, corporate mergers and high-quality development are indeed very important, but how big the market value is has something to do with the market. When the bull market www.xmhouses.comes, the market value disappears very quickly. When the bull market is gone, the market value falls. What if the www.xmhouses.company collapses after financing?
The gold market is not so fragile!
After two days of sharp fluctuations, a range pit will basically be created, in which corrections will occur and the decline will be alleviated. This will be the main theme next.
Of course, from a larger perspective, just like if the pie breaks through 10 million, it will always continue. And if the gold price breaks through the 4,000 mark, there is nothing wrong with falling. After all, this wave of rise has taken away 1,200 US dollars, so there is no harm in retracing part of it.
Remember the emphasis in the bull market on not stepping back: the 100-day moving average.
Last time I said that if the price deviates far from the 100-day moving average, it needs to step back, and stepping back is the best buying point.
The current 100-day moving average deviates far from the gold price. There are two ways to correct it: price and time.between.
Either the price retraces quickly or moves sideways for a period of time, the 100-day moving average will naturally www.xmhouses.come up.
Of course, looking at it now, the price will definitely not, so time correction is the key.
After rising and falling sharply, we should first look at the shock. Yesterday was the most typical:
1. Although 4381 fell to the 4000 mark, the position of the counterattack 382 was at the 4150 line, which was also the key resistance level emphasized yesterday. It broke a little higher, but fell in the European market, which is a typical continued decline.
2. The hourly line of the European market fell continuously. Although it did not break the bottom, it continued to move, so the US market reversed at 8 o'clock, forming a second short.
3. Similarly, the U.S. market did not continue to break through the bottom in the early morning, but rebounded, which set the stage for a shock.
Therefore, gold is not that fragile today, and we still need to be careful of shock and rebound.

Today's aspect:
1 The weak step back on the lower shadow line, the strong step back on the upper shadow line, the rhythm of the daily line is not weak, so we should pay attention to this, the low point will not step back.
Usually, judging the support of a place is the speed of rebound. The more times it is tested, the weaker it is, so a strong one will not step back on the shadow line.
3. The counterattack broke through the European market high in the early morning. This is a typical shock. It rose in the early morning, and 80% expected a counterattack on the second day.
4. The drop in the morning can be regarded as a correction to the rise in the early morning of yesterday. Let’s continue to look at the bottom and rebound.
5. Walking away for 20 dollars now is the time to take a sip of water. Too simple.
6, according to the strong continuation, it must be the 4075-6 line at the bottom of the hourly big positive line. And if it is a shock, it is 618, but 618 is at 4050. To be honest, when it reaches 4050, there is no need to think too much.
7. I still think that there is much above 4070 in the morning, but in terms of stop loss and position, if one is at least below 4050, the position will be very light. Why? I think everyone understands.
8. If it is relatively stable, the watershed is 4116.
The European market breaks through the 4116 line, and there is a lot of retracement before the US market. This is the safest long order, similar to yesterday when the European market fell and the US market reversed.
Today is the day when the European market broke through 4116, and there was a lot of retracement before the US market, so we are looking for a second rise.
[The above only represents the author's personal views and opinions. Investments are risky, so be cautious when entering the market]
The above content is all about "[XM Foreign Exchange Official Website]: Gold is not so fragile!" It was carefully www.xmhouses.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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