Trusted by over 15 Million Traders
The Most Awarded Broker
for a Reason
market news
Gold is still strong in the European session, and the US market rose for the second time tonight and rushed above 3400, ;;
Wonderful Introduction:
Youth is the nectar made of the blood of will and the sweat of hard work - the fragrance over time; youth is the rainbow woven with endless hope and immortal yearning - gorgeous and brilliant; youth is a wall built with eternal persistence and tenacity - as solid as a soup.
Hello everyone, today XM Foreign Exchange will bring you "[XM Foreign Exchange]: Gold is still strong in the European session, and the US market will rise for the second time tonight and rise above 3400, ;;". Hope it will be helpful to you! The original content is as follows:
Zheng's silver point: Gold is still strong in the European session, and the US market rose twice tonight and rushed above 3400
Review yesterday's market trend and technical points:
First, in terms of gold: Yesterday, the similar cycle around the Qingming Festival holiday was xmaccount.completely gone, and the daily line pattern was very similar. The big negative K finally fell, the cross K stabilized, followed by 100 US dollars The big positive of the increase appears, and the bottom forms a bullish xmaccount.combination pattern of "morning star"; then last week, 3200 predicts that the short-term bottom will be successful, and the low level is also a number of times sniper bands to speculate on the bottom and bullish, and a large margin has been made; yesterday, 3255 and 3310 both prompted to continue to be bullish, reaching the highest level of 3337 perfect; in the early stage, the bottom positions such as 2735, 2753, 3000 are bullish, further amplifying medium- and long-term profits; The trend of the year is large and unilateral. Only by grasping the band and being able to hold it firmly can you get unexpected gains and be very xmaccount.comfortable;
Second, silver: its breaking high is still very slow and slow, and it is fluctuating most of the time. Many short-term trends are not synchronized with gold, but the 32 line still holds it;
Interpretation of today's market analysis:
First, gold daily level: successfully closed yesterday Report a 100-meter big positive and stands on the short-term moving average. This trend is xmaccount.completely circulating around the Qingming Festival. So today is likely to be a big positive, so keep going with the trend. The reverse pressure point above is 3445-3455, and it is expected to test tomorrow;
Second, gold 4-hour level: 3500-3202 This wave of division, the 3386 line is exactly the 618 segment resistance, and it does appear in the day.A wave of retracement touched the 50-segment position 3350 and stabilized and rose. Once it breaks through 3386 tonight, it will easily hit above 3400 and gradually move towards the 786-segment resistance 3436 line; in addition, in the strong pull-up stage, this cycle will continue to rely on the MA5 moving average to rise;
Third, gold hourly line level: Asian session meets a wave of continuous rise and attack, adjusting to the 10 moving average 3350 in the afternoon to stabilize, European session slow down and close to the Asian session high, this pattern is still very strong, and there is a high probability of a second pull-up tonight; using the 10 moving average above 3370 as the primary support to continue bullish, as each closing line, the moving average support will slowly move up, and you need to refer to it yourself; as long as it does not break effectively, it will maintain a short squeeze and pull up, and a breakthrough of 3386 will also happen at any time, and it is easy to continue to attack above 3400; if it surges and falls in the second half of the night and loses the 10 moving average, then there will still be good support for the first time to adjust to the middle track, and you can continue to be bullish;
Silver: The top and bottom resistance of 32.7 has broken through, and the downward channel has also broken through. Tonight, relying on above 32.7 to try to be bullish, with the resistance of 33.5 line;
In terms of crude oil: the daily 5 moving average has been pierced. Pay attention to the 10 moving average 60 and the main focus is on suppression and oscillation, or after the hourly line falls behind the 10 moving average, the rebound is under pressure and supports 56.5 and 55;
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 for more than 12 hours a day in the past twelve years. Technical points are disclosed every day, and text and video interpretations are interpreted. Friends who want to learn can xmaccount.compare and reference based on the actual trend. ; Those who recognize ideas can refer to the operation, lead the defense well, risk control first; those who do not recognize them should just be over; thank everyone for their support and attention;
[The views of the article are for reference only. Investment is risky. You must 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
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! xmaccount.comments written on major financial websites! Proficient in K-line rules, channel rules, time rules, moving average rules, segmentation rules, and top and bottom rules; student cooperation registration hotline - WeChat: zdf289984986
The above content is about "[XM Foreign Exchange]: Gold is still strong in the European session, and the US market will rise to above 3400 tonight, ;;"The content is carefully xmaccount.compiled and edited by the XM Forex editor. I hope it will be helpful to your transactions! Thanks for the support!
In fact, responsibility is not helpless, it is not boring, it is as gorgeous as a rainbow. It is this colorful responsibility that has created a better life for us today. I will try my best to organize the article.
Disclaimers: XM Group only provides execution services and access permissions for online trading platforms, and allows individuals to view and/or use the website or the content provided on the website, but has no intention of making any changes or extensions, nor will it change or extend its services and access permissions. All access and usage permissions will be subject to the following terms and conditions: (i) Terms and conditions; (ii) Risk warning; And (iii) a complete disclaimer. Please note that all information provided on the website is for general informational purposes only. In addition, the content of all XM online trading platforms does not constitute, and cannot be used for any unauthorized financial market trading invitations and/or invitations. Financial market transactions pose significant risks to your investment capital.
All materials published on online trading platforms are only intended for educational/informational purposes and do not include or should be considered for financial, investment tax, or trading related consulting and advice, or transaction price records, or any financial product or non invitation related trading offers or invitations.
All content provided by XM and third-party suppliers on this website, including opinions, news, research, analysis, prices, other information, and third-party website links, remains unchanged and is provided as general market commentary rather than investment advice. All materials published on online trading platforms are only for educational/informational purposes and do not include or should be considered as applicable to financial, investment tax, or trading related advice and recommendations, or transaction price records, or any financial product or non invitation related financial offers or invitations. Please ensure that you have read and fully understood the information on XM's non independent investment research tips and risk warnings. For more details, please click here
CATEGORIES
News
- 【XM Market Review】--WTI Crude Oil Monthly Forecast: January 2025
- 【XM Decision Analysis】--GBP/USD Forex Signal: Weakly Bullish Above $1.2376
- 【XM Group】--USD/MXN Forecast: Dollar on the Verge of Smashing the Peso
- 【XM Market Analysis】--EUR/USD Forecast: Euro Continues to Wait for Move
- 【XM Decision Analysis】--GBP/USD Forecast: Tests Key Resistance