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Tonight's non-farm is the key to determining whether Gold 3200 can become the short-term bottom
Wonderful Introduction:
The moon has phases, people have joys and sorrows, whether life has changes, the year has four seasons, after the long night, you can see dawn, suffer pain, you can have happiness, endure the cold winter, you don’t need to lie down, and after all the cold plums, you can look forward to the New Year.
Hello everyone, today XM Foreign Exchange will bring you "[XM Foreign Exchange Decision Analysis]: Tonight's non-agricultural sector is the key to determining whether gold 3200 can become the short-term bottom." Hope it will be helpful to you! The original content is as follows:
Zheng's silver spot: Tonight's non-agricultural market is the key to determining whether gold 3200 can become a short-term bottom
Review yesterday's market trend and technical points:
First, in terms of gold: Yesterday morning, it continued to fall sharply, falling behind the lower track of the convergence triangle, and at the same time breaking the low point of 3260, the first test of 3228, that is, the 50% division position appears Short-term rebound to 3243; and after the convergence triangle breaks down, it is necessary to rebound and confirm the counter-pressure is set to 3260-3270 to follow the bearish, but the market does not give opportunities; the European market fluctuations repeatedly fell, and the US market continued to fall to the low point of 3201.8. At that time, it was slightly worse than 0.8. Because 3200 is the second key support that the individual has already proposed on the entire network; in the end, the big positive at the bottom of the hourly line appeared, it was initially It is believed that the gold price has almost adjusted in the short term. xmserving.compared with the US dollar, it is also close to the rebound below 100.4. Therefore, it is proposed that the band bottom is bullish above 3214-3210, and finally meets the prediction and reaches the first target of 3260-3270;
Second, silver: Yesterday was a pity, it was bullish above 322, and after piercing the defense, it ushered in a sharp pullback and pull-up;
Today's market analysis solution Read:
First, gold daily line level: Yesterday, a negative K with a lower shadow line was reported, which pierced the middle track and also pierced the weekly MA5 moving average, which is considered to have xmserving.completed the task of retracement; as for whether it can bottom out in the short term, it depends on the non-agricultural level tonight; according to Wednesday's ADP data, the initial request for unemployment benefits on Thursday, it is also a high probability that the gold price will be more likely to be more interest-free; once it meets, it is expected to close the big positive K today, forming a positive negative bondThe structure will basically push a round of pull-up next week and return to trend bulls; of course, the data cannot be fully trusted, and sometimes it is easy to falsify. If there is a surge and a decline in the long upper shadow K, then you have to wait for the final verification next week. The 3200 line is temporarily predicted to be the short-term bottom, and take one step at a time. Once the four-wave callback really ends, the fifth wave pull-up will be started, and the height will at least refresh the previous high of 3500, which is expected to test 3550; the two key above are under pressure in the short term, one is MA5 moving average 3290 is also yesterday's high. One is MA10 moving average 3320, which is at the previous day's high. When will you break through the 10 moving average again, you will be at the same time to attack with a strong unilateral attack;
Second, gold 4-hour level: after supporting the 3200 mark, it will rise slowly all the way. Pay attention to the middle track 3275 line tonight. If you can break through the station, pay attention to the 66-day moving average resistance 3320 line;
Third, golden hourly line level: From the above chart, the current development around a yellow upward channel is a slow rise. The lower track is the 10 moving average position, which is currently moving upward by 3255. If the slow rise continues, it will continue to push the price to rise above the high; on the contrary, if this channel is lost, pay attention to the middle track above 3240, which is also the top and bottom conversion point of yesterday. This position is stable and can be bullish. Today's low point of 3227 is a feng shui hurdle. If you keep it, it will maintain an intraday pull-up; if you lose it, it will fluctuate at the bottom, or there may be a second downward drop to the bottom; first focus on the resistance of the convergence triangle lower track reverse pressure point 3275, which is exactly 6 at 3320. 18 dividing point, and then upwards is the upper track of the yellow channel, which is expected to point to 3290, and also resonate with the daily 5 moving average. The strong pressure should be the upper track of the convergence triangle, pointing to 3320, which is also close to the annual moving average. When given this position, it will be almost exactly $100;
Therefore, gold will generally continue to be bullish tonight, and the data may also be favorable to cooperate, either directly or bottoming out; directly pulling up depends on the hourly line 10 moving average, and bottoming out and pulling up rely on the hourly line mid-track, which can correspond to itself, because as time continues, the position will slowly move up, targets 3275, 3290, 3320, etc.;
Silver: Today's silver trend is not synchronized with gold. Gold slowly rises upward, but it goes downward; from the above figure, this figure is very similar to a "balance", and it can also be said to have initial head and shoulders bottom pattern, with the bottom 31.66, left and right shoulders 32.1-32, and the neckline pressure is 32.7, so you have to break through 32.7 and effectively stand up to meet the bullish power of this pattern;
In terms of crude oil: Yesterday, the bottom was reported and the positive was positive, and it stabilized. Today, it was fluctuating, with support of 57.9 and resistance of 60.4. First, the support of support is stable and can be seen as rebound;
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 watching and reviewing the market for more than 12 hours a day in the past twelve years. Technical points are disclosed every day, and they are interpreted in words and videos. Friends who want to learn can xmserving.compare and refer to them based on the actual trend; those who recognize ideas can refer to them. , lead the defense well, risk control first; if you don’t agree, just pretend to be bye bye; thank you for your support and attention;
【The views of the article are for reference only, investment is risky, you need to 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! xmserving.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
The above content is all about "[XM Foreign Exchange Decision Analysis]: Tonight's non-agricultural economy is the key to determining whether gold 3200 can become the short-term bottom". It was carefully xmserving.compiled and edited by the XM Foreign Exchange editor. I hope it will be helpful to your trading! Thanks for the support!
Due to the author's limited ability and time constraints, some content in the article still needs to be discussed and studied in depth. Therefore, in the future, the author will conduct extended research and discussion on the following issues:
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