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Gold fluctuates and slowly falls below 4200. Let’s look at the second crackdown tonight.
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Hello everyone, today XM Forex will bring you "[XM Group]: Gold fluctuated and slowly fell below 4200, let's take a look at the second crackdown tonight." Hope this helps you! The original content is as follows:
Zheng’s Point of Silver: Gold fluctuated and fell slowly to 4200, let’s look at the second crackdown tonight
Reviewing yesterday’s market trend and technical points:
First, gold: Yesterday, it was almost killed by bulls and bears, and the rhythm was not good. There are two main problems, which may be made by most people: ① When there is a short-term profit, such as yesterday’s 4238 shock and bullishness, It rose as high as 4247, and after making a profit of 9 meters, it did not move up in time to protect the losses, and was eventually forced to sweep the losses; the second time, fortunately, it was protected in time in advance, and the risk of long and short sweeps was avoided; because the big price of 14:30 meters on that day The Yin decline has led to short selling; ②, I had planned to pay attention to the 4220 support if there is another market washout in the evening, but it can often be found in the past two days that it is easy to plummet and the speed is very fast. When the big Yin is touched, I will hesitate in my heart. , worried about whether the inertial decline will continue, and dare not take action when it is touched quickly for the first time, wait for the second hour to step back and follow, the position will basically be higher, and then the previous low point will be used as a defense, and the result will be a second decline and test the low point of the previous wave. If you are unlucky, you may make a breakthrough. Fortunately, the defense of 4215 was not broken last night, and 4225 fluctuated bullishly, and you also caught some meters; in this case, you can avoid the psychological impact by placing orders in advance. Coping with emotions; In addition, it was a pity yesterday that I kept waiting to pull up to 4275 and tried to be bearish, but never gave a chance, only to 4265;
Secondly, in terms of silver: yesterday's performance was still very strong, and I continued to trade. A new historical high, approaching 58.8. Since its volatility is too high these days, it can easily reach 1 yuan. For short-term cards, small stop loss is very difficult, and the entry point must be precise to avoid punctures; if the stop loss is relaxed,Because of its large profit-loss ratio, it is not suitable; therefore, it is basically more about watching movies;
Today's market analysis and interpretation:
First, the golden daily level: Yesterday, it closed at a small positive K with an upper shadow line longer than the lower shadow line, close to a cross K, which means that 4264 has some pressure, but we want to know the short-term development To correct the decline, the next day's pattern needs to be matched, such as the full Yin K. If it appears, it will fluctuate downward later. You can at least step back to confirm the upper rail support point of the early small convergence triangle (today's correspondence happens to be the 10 moving average line 4144), and you can also refer to several division positions of the 3997-4264 wave; On the contrary, if K is closed at the bottom and K is still above the 5 moving average, then the height of this wave of stabilization at 3997 may not be 4264, and the high level will be strong and volatile; therefore, today's closing should be more important;
Second, the golden 4-hour level: after the pressure of 4264, there has been a continuous negative trend, but This continuous Yin trend is not very straightforward, and long lower shadow K appears from time to time in the middle, tempting to stabilize; currently, the short-term moving average crosses, and in conjunction with the macd dead cross, it is in a downward shock, and the middle rail has also fallen below, so if the rebound is close to the short-term moving average, we need to continue to see pressure, and there may also be a single positive situation;

Third, the golden hourly level: From the picture above, today’s Asian and European market has been oscillating and falling slowly. The white channel’s lower track support 4200 has not held the double bottom, and it has broken down continuously, so there is a possibility of a second suppression tonight; at this time The rebound before the U.S. market is treated as a bullish lure. Refer to the upper rail of the blue downward channel and the 66-day moving average. The key pressure is concentrated around 4210. Originally, there should be some resistance at the top and bottom of 4203, but there is no response at the moment; for support below, pay attention to 4173-70 yellow The lower track of the color channel is also the top and bottom position in the early stage; if the downward pressure is stronger, it may be directly tested by the daily 10 moving average 4144, or the annual moving average of this cycle 4132, which is also the 50 division position. There should be a support and rebound here; of course, If there is a small probability of a market washout, and it breaks through and stands on the upper track of the yellow channel, then it will be a back and forth of long and short kills. We have to bear this kind of encounter. After all, what we are doing is a technical and conventional regular move, and our own trading system;

Silver: Gold broke first, but silver still appears to be resistant to the decline, but in sideways trading, the yellow trend line support has not yet been effectively lost, but the hourly mid-track 57.5 is still under pressure in sideways trading, pay attention to the 57 support. Once there is an effective break of the Yin level, pay attention below to the vicinity of 55.6. The next trend line support happens to be the 618 division point of the last wave of pullback. There may be a stabilizing effect here;
Crude oil maintains yesterday’s viewNo change, no fluctuations, just wait patiently;
The above are several views of the author's technical analysis. As a reference, they are also a summary of the technical experience accumulated by watching and reviewing the market for more than 12 hours a day for more than 12 years. The technical points will be disclosed every day, with text and video interpretation. Friends who want to learn can xmaccount.compare and reference based on the actual trend; those who agree with the idea can refer to the operation, take good defense, and risk control first; those who do not agree can just ignore it. OK; thank you all for your support and attention;
[The opinions of the article are for reference only, investment is risky, you need to be cautious when entering the market, operate rationally, strictly set losses, control positions, risk control first, and be responsible for profits and losses]
Writer: Zheng's Dianyin
Read the market for more than 12 hours a day and study for ten years. Detailed technical interpretations are made public on the entire network, and we will serve with sincerity, dedication, sincerity, perseverance, and dedication to the end! Write xmaccount.comments on major financial websites! Proficient in K-line rules, channel rules, time rules, moving average rules, segmentation rules, and top-bottom rules; student cooperation registration hotline - WeChat: zdf289984986
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