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Gold breaks the strong rhythm in the short term, Europe and the United States pay attention to daily support gains and losses
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Hello everyone, today XM Foreign Exchange will bring you "[XM Foreign Exchange]: Gold breaks the strong rhythm in the short term, and Europe and the United States pay attention to daily support gains and losses." Hope it will be helpful to you! The original content is as follows:
Dollar Index
In terms of the performance of the US dollar index, the US dollar index showed an upward trend on Tuesday. The price of the US dollar index rose to 97.79 on the day, and fell to 97.227 on the lowest, and finally closed at 97.748. Looking back at the market performance on Tuesday, the price continued to decline in the short term during the early trading session, and then stopped rising after the European session. During the US session, the price continued to rise and broke through the four-hour resistance position, and finally the big positive state ended on the day.
From a multi-cycle analysis, the price has been consolidating up and down in the weekly level recently. Currently, the weekly resistance is in the 97.90 area, and the price is short-shouldered below this position. The price will only turn long after the subsequent weekly closing above this position. From the daily level, as time goes by, the daily line currently faces resistance in the 98 area, and the price is currently bearish below this position. Recently, the price has consolidated up and down at a key position in the daily line. In terms of operation, you need to pay attention to the four-hour rhythm. From the four-hour perspective, yesterday's price broke through the four-hour resistance, so short-term resistance has become support. Currently, the four-hour support is supported in the 97.60-70 area. In the future, we will focus on the daily and weekly resistance breakthrough performance. Once we break through and stand firm, we can continue to look upward. In the short term, we will temporarily focus on the 98.20-98.40-98.60 area.
The US dollar index has a long range of 97.60-70, with a defense of 5 US dollars, and a target of 98.20-98.40-98.60
Gold
In terms of gold, the overall price of gold showed a surge and a decline on Tuesday, with the highest price rising to 36 on the day.At 74.45, the lowest fell to 3625.88, and closed at 3626.08. In view of the short-term price of gold in the early trading session on Tuesday, the price has maintained a very strong rhythm in the recent period, and the price has continued to hit a new high. After the US session, the price quickly rose and fell with the help of data, and pierced the extremely strong key position (early low point) yesterday, which shows that the short-term market has a very strong rhythm, and the subsequent focus on whether the pressure can be further continued is the key.
From a multi-cycle analysis, first observe the monthly rhythm. The monthly price ended in August. Overall, the price is still running bullishly. From the long-term perspective, the 3000 position is the watershed of the long-term trend. The price can be treated more on the long-term. From the weekly level, the price has broken through key resistance after recent continuous fluctuations and has continued to hit a new historical high. Currently, the weekly long and short watershed is at 3400. The price is above this position and the medium line is treated more. From the daily level, we need to pay attention to the 3500 regional support for the time being, and the band above this position should be treated more frequently. From the four-hour perspective, gold has continued to rise based on four-hour support recently, but the current price has pierced the four-hour support. The current four-hour resistance is in the range of 3640-3642. The price in this area is first seen as under pressure. The current four-hour resistance is under pressure. From the one-hour level, today's morning session maintained a fluctuation in the range of 3620-3640. In the short term, we temporarily pay attention to the resistance pressure near the early trading high point. Once it breaks below 3620, we pay attention to the 3610-3593-3580 area.
Gold 3640-42 is empty in the range, defense is 3655, target is 3610-3593-3580
Europe and the United States
Europe and the United States
Europe and the United States
Europe and the United States
Europe and the United States were generally on Tuesday. The price fell to 1.1703 on the day and rose to 1.1779 on the spot and closed at 1.1706 on the spot. Looking back at the performance of European and American markets on Tuesday, prices continued to perform strongly during the early trading period, and then fell under pressure before the European trading, and broke the low point in the morning. At the same time, prices continued to perform weakly after the trading period, and finally ended in a dark state on the day. In the future, we need to pay attention to the gains and losses of the daily and weekly watersheds.
From a multi-cycle analysis, from the monthly level, Europe and the United States are supported by 1.1060, so the price is treated with long-term bulls above this position. From the weekly level, the price is supported by the 1.1670 area. This position is the long-shoulder watershed in the mid-line trend. At present, attention is paid to the gains and losses of this position. From the daily level, the current daily resistance is at 1.1680 as time goes by. This position is a key watershed in the band trend. We will continue to pay attention to the gains and losses of this position. In short-term operations, we need to focus on four hours and one hour. At the same time, according to the four-hour level, as time goes by, the price breaks below the four-hour support position yesterday. At present, we focus on the four-hour resistance range of 1.1720-30 resistance, and look at the pressure belowPay attention to the gains and losses of the 1.1670-1.1680 range. If the price breaks down, continue to pay attention to the 1.1630 area.
Europe and the United States have a range of 1.1720-30, defense is 40 points, target 1.1680-1.1630
[Finance data and events that are focused today] Wednesday, September 10, 2025
① To be determined US Senate xmaccount.committee votes for the nomination of the Federal Reserve Board of Directors of Milan
②09:30 China's August CPI annual rate
③20:30 US August PPI annual rate
④20:30 US August PPI monthly rate
⑤22:00 US July wholesale sales monthly rate
⑥22:3 0EIA crude oil inventories for the week from the United States to September 5
⑦22:30EIA Cushing crude oil inventories for the week from the United States to September 5
⑧22:30EIA strategic oil reserve inventories for the week from the United States to September 5
⑨The next day 01:00EU to September 10 10-year Treasury bond auction-winning interest rate
⑩The next day 01:00EU to September 10 10-year Treasury bond auction-tender multiple
Note: The above is only personal opinion and strategy, for reference and xmaccount.communication only, and does not give customers any investment advice. It has nothing to do with customers' investment, and is not used as a basis for ordering.
The above content is all about "[XM Foreign Exchange]: Gold breaks the strong rhythm in the short term, Europe and the United States pay attention to daily line support gains and losses". It is carefully xmaccount.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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