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Gold 3310 is successfully sold again, and the European session has risen, and it is expected to rise again tonight
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Hello everyone, today XM Foreign Exchange will bring you "[XM Foreign Exchange Market Analysis]: Gold 3310 will be successfully traded again, and the European session will rise, and it will be bullish again tonight." Hope it will be helpful to you! The original content is as follows:
Zheng's silver point: Gold 3310 is successfully sold again, and it is rising in the European session, and it is bullish again tonight.
Review yesterday's market trend and technical points:
First, in terms of gold: In recent times, gold relies on the daily convergence triangle support position, it is a good short-term bottom point, and it is given in advance by research reports or weekly videos. On June 30, 3247 is bullish, and on July 9, the bottom below 3300 is successful. Yesterday, 3310 is successfully sold again, and each wave is basically upwards or around 100 meters. Then this time, 3310 starts and is expected to approach the 3400 mark;
Second, in terms of silver: After a wave of unilateral strong rebound last Friday, it was initially entered and fell and revised this week, which is relatively normal. After all, any wave Strong one-sidedness, and it is not easy to go straight to the end, and it will inevitably fall into correction in the middle, not to mention that silver has always liked to fluctuate for many years; but after the correction is xmserving.completed, it still continues to remain bullish at low levels. Yesterday, it was bullish at 37.4. Although the entry point was slightly different, it was also in line with the predictions and successfully rose;
Third, on the crude oil side: yesterday, it was prompted to continue to see the divergence and rebound above 66.05, and finally it became The power confirms the channel counterpressure point 67.5 line again;
Today's market analysis and interpretation:
First, gold daily line level: Yesterday, the large convergence triangle lower track line 3310 stabilized (2832-2956-3246-3282-3310 trend support line), closed at a long lower shadow stabilized K. Refer to the first two moves of 3246 and 3282. When it touches the support of the lower track, V reverse xmserving.compensation, and then it will bring a continuous positive pull-up for two days. This is also one of the reasons why we cannot wait for too many backtests this morning, so why we should directly try to follow the bullishness; the golden cross on the zero axis of the macd and the red column slowly increased in volume. I hope this wave can bring a good continuous pull-up force. Can it point to the key pressure point of the upper rail of the convergence triangle, and move down about 3420 line;
Second, gold 4-hour level: close at 18 o'clock to report a full big positive K, which is considered to be an effective breakthrough to the middle rail. Tonight, the middle rail supports above 3340 as a node to continue to remain bullish;
Third, the golden hourly line level: stabilized overnight at 3310 and bottomed out and continued to rise. Today, the Asian session fluctuated and fell back to confirm the middle track 3334. At the same time, it also tested the 382 segmented support for the 3331 line (as a strong pull-up, we must continue to attack, and the extreme pullback will generally stop falling at 382). It stabilizes in the afternoon and the European session will rise above high, so there will basically be a second move tonight. At this time, from the update of the new channel, it is temporarily suppressed on the upper track 3353. Once this pressure level is taken, you can further attack to test the two previous highs of 3366 and 3374, and even the derivative pressure point 3380 position corresponding to the yellow trend resistance line; use the top and bottom positions of 3343-44 as support, and continue to be bullish tonight;
Silver: I originally wanted to wait for the upper track of the blue channel above to retrace and confirm that it will continue to follow the bullishness because it broke through, but it did not give 37.9, slightly worse than 0.1. Then the way it chose to move is to rely on the top and bottom; in this case, the next top and bottom tonight is the high point of the first-line Asian handicap of 38.2 as support. At this point, the bullish upward position continues to be selected, with resistance targets of 38.45, 38.75-38.8, etc.;
Crude oil: Today's Asian and European session continues to rise and rebound, and return to the original upward channel. Then tonight, try to continue to bullish on the lower track of the channel at 67.8, and the intraday low of 67.4 as a defense of gains and losses, and the target resistance gradually looks at the upper track 70.6-71;
The above are several points of the author's technical analysis, as reference, and it is also the summary of technical experience accumulated by the market watching and reviewing 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 operations, lead defense well, and risk control first; those who do not agree should just be drifted by; thank everyone for their support and attention;
[The views of the article are for reference only. Investment is risky, and you need to be cautious when entering the market and practice rationally.Work, strictly set losses, control positions, risk control first, and bear the liability for profit and loss]
Contributor: Zheng’s Dianyin
A study on the market for more than 12 hours a day, persisting for ten years, and detailed technical interpretations are made public on the entire network, serving to the end 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 Market Analysis]: Gold 3310 is successfully traded again, the European session has risen, and the second bullish tonight" is carefully xmserving.compiled and edited by the editor of XM Foreign Exchange. 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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