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Gold fell sharply in the morning and rose in a small V. It will be expected to stay 3345 tonight.
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Hello everyone, today XM Foreign Exchange will bring you "[XM Group]: Gold rose after a sharp drop in the morning, and it will be up to 3345 tonight to see the continuation." Hope it will be helpful to you! The original content is as follows:
Zheng's silver point: Gold fell sharply in the morning and rose a small V. It will be seen as a continuation to hold 3345 tonight.
Review the market trend and technical points that appeared last Friday:
First, in terms of gold: last Friday, it will continue to be treated with oscillations, giving a key pressure resistance of 3358-3363, which is high and bearish; the key support 3322 and below, which is low and bullish, and in the end neither side is close to test; the trend of the US market is treated as a diffusion triangle, which points out that around the upper and lower tracks of the triangle can basically block seven or eight US dollars and move forward;
Second, in terms of silver: giving 37.7-37.8 support, resistance of 38.1, which is basically in a narrow range;
Interpretation of today's market analysis:
First, the golden weekly and monthly line level: the monthly 5 moving average and weekly line mid-track, both resonantly and upwardly support at the 3300 mark, indicating that medium- and long-term support will further push to the 3300 mark. As long as you keep this position, the horizontal trading at a high level for a long time will eventually break upward, and the longer the horizontal trading will be as high as the vertical. Once the bull market continues, the room for pulling up in the future will still be unimaginable, and the medium- and long-term trend will continue to remain bullish;
Second, the gold daily line level: This cycle is still bullish in the short term, but it is still in the converging triangular consolidation period; Referring to the first two waves of short-term stabilization, a wave of small unilateral continued to rise, and then the oscillation and retracement will generally last for four to five trading days, and this time, 3267 After the short-term stabilization, it is also a small unilateral pull-up, and then last week after a five-day trading day oscillation and pullback. According to the time cycle, today is likely to stabilize and close the positive in the short term. After two or three days of continuous positive rebound, it will be under pressure again. Finally, it will stabilize and fluctuate and then rise again and test the 3430-3450 pressure zone repeatedly; this is not only a cycle of time, but also a cycle of trend patterns. The weekly video has detailed interpretation of the hourly level, which can be used as a reference; Therefore, if the daily level is to stabilize in the short term, the price must stand on the 5 moving average 3344 and close to the positive one, so look at today's closing pattern;
Third, golden hourly line level: a sharp drop first appeared in the morning, touching the 3323 stabilization and a wave of small V continued to rise, while the 3322 position was waiting for a short-term bullish point for more than two days. It was the 618 split position of 3409-3267. Then when I opened it this morning, it turned out to be the lower track support of the diffusion triangle last Friday, and suddenly rose to the high of 3358; a full big sun at 13 o'clock broke through and stood on the 3404-3375 decline, but Unfortunately, my butt didn't sit down and slipped away again, and did not stand firm. After the rise and fall, the entire European session was stuck in the 5-meter range of 3345-3350. 3345 was in the 382 split position of this morning's pullback. If you can't even break down here, it means that this wave of small V pull-up momentum may still exist. However, after several tests, the 3404-3375 declined, the downward resistance line, cannot be under pressure. You have to break through again and stand firmly to further continue the upward attack. If you break through 3358, you should try it. Explore the previous high of 3375, or even the white trend resistance line in the 3390 chart; but after pulling up, according to the cycle, it may have another oscillation and decline to suppress, at least it will fall back to 3350 again, or even lower, but no matter how low it is, it will definitely not be lower than 3323. Finally, after stabilizing at the low position that has regained again, exert force and attacking again is the fourth time to test the pressure zone of 3430-3450. This is the key pressure range before you want to set a new record high; therefore, in summary, you must first defend 3345, you will recognize The momentum of this wave of small V pull-up that stabilized for 3323 is still there. We will test 3375 or even 3390, and then suppress one wave to 3350 or lower. After stabilizing, we will attack 3430-50. This process will take several trading days and cannot be achieved overnight. We will verify step by step carefully. Of course, if 3345-3340 falls down again, then the first wave of volatility and decline at the high point of 3408 may not be over yet, and we will continue to fluctuate at the bottom for a while before seeking stability;
Silver: Short-termIts trend is stronger than gold in a few days. The daily line showed a small positive outlook last Friday, and it continued to fluctuate and pull up today. The entire European session maintained a slow rise in fluctuations and broke through the overnight sideways to suppress the resistance of 38.08, so it will continue to be bullish tonight; support 38-37.95, with the lower rail of the purple channel as the node support, and the resistance target is 38.3-38.4. If the breakthrough is made, you can directly look at 38.8-39; there may be a wave of reverse reversal and fallback after stabilization. If you attack again, you should impact the upper rail of the weekly channel at 39.6;
Crude oil: Last Thursday, it closed full positive, and it was rare to break through the 5 moving average, but the 10 moving average fell back and closed negative; this week, you should pay attention to the gains and losses of the 10 moving average, and breaking through the stand can continue to see the rebound correction; the short-term macd is still in a divergence state, and it is easy to pull back, so the current range can be paid attention to between 64.5-62, observe more, and wait for the good daily line K to appear;
The above are several points of the author's technical analysis, as a reference, and it is also a summary of the technical experience accumulated by more than 12 hours a day for more than 12 hours a day. Technical points will be disclosed every day, and the article will be coordinated. Interpretation of words and videos, friends who want to learn can xmh100.compare and refer to them 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, and you need to be cautious when entering the market, rationally operate, 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 interpretations are made public on the entire network, serving the whole network with sincerity, sincerity, perseverance and wholeheartedness! xmh100.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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