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Gold fluctuates and rebounds step by step. Pay attention to the gains and losses of 4600 tonight, ;;
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Hello everyone, today XM Forex will bring you "[XM Foreign Exchange Market xmaccount.commentary]: Gold fluctuates and rebounds in steps, pay attention to the gains and losses of 4600 tonight, ;;". Hope this helps you! The original content is as follows:
Zheng's Point of Silver: Gold fluctuates and rebounds in steps, pay attention to the gains and losses of 4600 tonight
Reviewing yesterday's market trend and technical points:
First, gold: There was too much inertia backtest yesterday morning, whether it was the hourly middle track or the 618 division position, it fell directly, and the lowest hit the channel's lower track before stabilizing, and then continued to be positive all the way. Pulling up and breaking through highs, it is a typical shock and washout; the European market relies on 4510 to go north, and only reaches 4515. The US market prompts resistance at 4620-30, and support at 4470-4480, but it is not touched;
Second, in terms of silver: Silver has ambush the lower track of the channel and continues north, without giving it a chance;
Today’s market analysis and interpretation:
First, the daily gold level: yesterday’s closing price was a red cross K, the closing price still suppresses the 10-day moving average, but is still above the 5-day, that is, the two short-term moving averages are xmaccount.competing for a short-term; today there is a wave upward, and it is currently breaking through the 10-day 4530, which needs to be confirmed by the closing; once it closes far above 4530, then after the effective breakthrough stands on the 10-day, the 5-day will basically gradually become a golden cross on the 10-day, and then there will be further shocks and rebounds tomorrow to test the 50% split resistance of 4668. The dividing resistance of 618 is still around 4800, which is also the focus of this short-term rebound. At that time, the 66th and the middle track will basically gradually move closer to here, about 4850; the first test should be suppressed and fall back. If there is room for fall, just pay attention to the 618 position of this wave of rebound. Finally, it stabilizes and then continues to rise to test the upper track of the rising flag channel. If the time is faster, 5100 can be tested. If the time is slower, it may be 5100.5000;

Second, the golden hourly level: the current channel is relatively obvious. As we all know, the lows gradually move up and the highs gradually move up. They are running in the upward channel. The lower track support has moved up to 4511, and the upper track has moved up. The resistance is above 4645; and the 4600 line in the middle is a certain early trend resistance line mentioned in yesterday's research report. Only by breaking through 4600 can we have the momentum to test the upper track. It should still be possible to touch 4645-4668 for the first time. It will rush higher and fall back, because macd may have some divergence; of course, if it directly breaks through to stand firmly on the upper track and pulls up with heavy volume, the divergence can be temporarily ignored. This is a small probability, so we will basically test 4800 soon; for the lower support, first pay attention to 4663, short-term moving average support, 50% split support, and the white small channel running in the European market has stepped back to confirm the support; as long as the blue channel does not fall below the lower track, it will continue to maintain shock and upward behavior;

Silver: It can be seen from each channel in the figure that the yellow bottom trend line is the key to the short term. As long as it is held, the low point will gradually move upward and will eventually develop upward; and what is currently being tested is the counter pressure point on the lower track of the purple channel. It has been tested here many times. If you can effectively stand firm on it, you can test the green trend resistance line. If it breaks above it, it will open up. There is a lot of room to go up; so tonight, pay attention to the resistance of 73.1, and the support of 71.7 at the top and bottom. If you hold the support, you will stand firm at 73.1, and you can look at 74.5-75 (green trend resistance line). If it falls below 71.7-71.5, it will fluctuate repeatedly back and forth. At that time, pay attention to the yellow trend line support;

Crude oil: There was a rapid suppression in the morning. The rebound in the European market confirmed that 618 divided the resistance at 104.5. There is resistance to suppress the fall again; tonight the resistance is 104.5 and the support is 100-98. Let’s see the gains and losses in this range; go If it breaks through above, it will continue to maintain its strength; if it breaks down, it will suppress the shock in the early yellow channel; once the situation between the United States and Iran eases, the oil price will still plunge sharply very quickly and with great intensity, which will be faced sooner or later;
The above is the author's Several points of technical analysis are used as a reference. They are also a summary of the technical experience accumulated from watching and reviewing the market for more than 12 hours a day for 12 years. The technical points will be disclosed every day, with text and video interpretation. Friends who want to learn can do it based on the actual trend. For reference; if you agree with the idea, you can refer to the operation, take good defense, and risk control first; if you don't agree, just let it go; thank you for your support and attention;
[The opinions in the article are for reference only, investment is risky, and you need to be cautious when entering the market, operate rationally, and be strictSet losses, control positions, put risk control first, be responsible for profits and losses]
Writer: Zheng Shi Dian Yin
Read the market for more than 12 hours a day and study for more than ten years. Detailed technical interpretations are made public on the entire network, and we serve with sincerity, dedication, sincerity, perseverance, and wholehearted service 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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