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Gold swept strongly at a high level, and is still optimistic about further hitting record highs
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Hello everyone, today XM Foreign Exchange will bring you "[XM Foreign Exchange Market Analysis]: Gold swept strongly at a high and is still optimistic about further hitting a record high." Hope it will be helpful to you! The original content is as follows:
Zheng's silver spot: Gold swept strongly at a high and sideways, and is still optimistic about further hitting a record high
First, gold: Yesterday was hard to describe; the day before yesterday was bullish at 3616 in the morning or bullish at 3630 in the European and American sessions, they did not give any chance to enter, and all missed the opportunity to increase profits; yesterday morning touched the lower track of the upward channel, close to the 66-day moving average support, 3640 tried to be bullish in advance, and it did stabilize and pull up, but it was only given to 3649, a few meters away from the target, a meter difference from the reduction position, and finally fell back and lost; the European market fell to the daily line 5 moving average 3623 for the first time and showed a stable rebound, and it fell twice in 5 minutes and rebounded again to 3630 again, and tried a small double bottom to test the bullishness. As a result, a wave of short-selling piercing the low of 3620 the previous day, and the US market came with a wave of short-selling piercing the low of 3620. After the US market, cpi data The negative gold price, the price pierced the intraday low in 1 second, and then pulled back 20 meters in 1 second; these are also several major news released this week. The intraday trend has gone ahead of schedule. After the real announcement, the results will run in the opposite direction with the actual trend. Fortunately, it was bolder in the second half of the night, and 3638 directly tried a small wave bullish trend. At that time, it was analyzed that the intraday decline was a wash-out, and the daily 5 moving average fell back to confirm that it had bottomed out and rose. Today There is a continuous rise. Sure enough, today it did rise to approach Wednesday's high of 3658, which is just about 20 meters in the band profit, which can recover some short-term losses;
Second, in terms of silver: Silver is the most beautiful this week, and it is recommended that it stick to bullish on 40.4, 40.5, 40.6, 40.7-40.8, and the low point gradually moves up. Today it explodes, hitting above 42 US dollars;
Interpretation of today's market analysis:
First, gold daily line level: From the current pattern, in addition to the unilateral continuous positive pull-up on Monday, the high-level strong sideways consolidation has been launched since Tuesday to today, and the alternation of yin and yang will delay the unilateral pull-up, and there will be some stagnation; but this high-level sideways are actually a kind of strong unilateral correction, and will eventually continue to hit a record high of unilateral upward, which will only take some time to wait; continue to pay attention to the 5 moving average in the past few days, and the support of the 10 moving average will stabilize and continue to be bullish, or there will be stabilization between the 5th and 10th days; it is expected that there may be a wave of upward rush before the interest rate cut is announced next Thursday. After the rate cut is announced, a wave of back-test decline of selling facts will be received, but it usually stops falling that night and returns to a strong one-sided next day because it will speculate on the next rate cut; today's 5 moving average moves up 3636-37, and continues to be bullish at this position;
Second, gold 4-hour level: last night, rose, and today it re-establishes on the middle track and makes a wave of force. At this time, the decline again tests the stability of the middle track, that is, pay attention to the support of 3642-43, and the Feng Shuish 10 moving average 3637. If you lose it, basically this cycle will return to the oscillation and downward movement;
Third, golden hourly line level: From the distribution of channels in the figure, it temporarily maintains the yellow parallel channel, constantly oscillates back and forth, takes a rising flag shape, and finally breaks upward and continues to unilaterally; and the gains and losses of the middle rail are the key to determining whether it can break up ahead of schedule; if you keep the middle rail tonight and continue to gradually oscillate and pull up, the probability of breaking through the upper rail of the yellow channel will be relatively high; if you lose the middle rail tonight and lose the low point of the 3637 European session, then it will basically oscillate in the yellow channel, and it is possible that you will also test the possibility of the lower rail of the channel at the beginning of next week. , then that low position should also be close to the daily 10 moving average position, which is a good low bullish point, and it will also be a small wave opportunity; observe more tonight to see if the above 3637 can be held, and whether the middle track can be held, and if there is a bottoming out and pulling up K, then consider that the above 3637 is bullish when it falls below 3637; if it falls below 3637, don’t rush to look bullish tonight, wait until it adjusts to the lower track of the yellow channel next Monday; the upper resistance is the upper track of the 3663-62 line. Only by breaking through and standing on it can you move into the unilateral pull-up probability of rising flags;
In terms of silver: Asian and European sessions continue to rise unilaterally, and the US moves back before the session. Tonight, pay attention to the lower track of the middle channel, which is also the middle track of the hourly line, about 41.9. If you can stabilize it, you will continue to be bullish and look at the gains and losses of the intraday high point;
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, and technical points will be disclosed every day, in conjunction with text and video interpretation., friends who want to learn can xmaccount.compare and refer to the actual trends; those who recognize ideas can refer to the operation, lead the defense well, risk control first; those who do not agree 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 cautiously, 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! xmaccount.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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