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market analysis
Narrow fluctuations, waiting for the Fed interest rate meeting to break
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Hello everyone, today XM Foreign Exchange will bring you "[XM Foreign Exchange]: narrow fluctuations, waiting for the Federal Reserve interest rate meeting to break it." Hope it will be helpful to you! The original content is as follows:
Zheng's silver point: narrow fluctuations, waiting for the Fed interest rate meeting to break
Review yesterday's market trend and technical points:
First, gold: Yesterday morning, the prompt was to pay attention to the 3300 support and rebound bullishly when the lows, and pay attention to the 3330 resistance falling under pressure; the low support was not touched, and the resistance level was touched, which happened to break through the upper track of the short-term decline channel, so it did not It was eager to take action and moved the resistance upward; therefore, I only watched the show for a day yesterday;
Second, silver: yesterday's fluctuation was not large, the upper and lower tracks of 37.9 were still supported, but the resistance below 38.3 was still suppressed;
Third, crude oil: After breaking through the upper track of the short-term channel, yesterday planned to retrace and confirm to follow the bullish, but the position did not give an opportunity, and the price rose and broke the high again;
Today's market analysis Interpretation:
First, gold daily line level: Yesterday's closing of positive is considered to have ended continuous negatives, but the closing price still cannot return to the convergence triangle, so today's closing pattern is more important; if it can continue to close positives and close above the lower rail of the convergence triangle today's convergence triangle, then the short-term stabilization signal will xmserving.come, and you can gradually oscillate and attack upwards; on the contrary, if today's closing of negatives or closing is still unable to stand above 3335, then the short-term It will be in a certain weak operation, and it is not ruled out that there will be new lows; but the same is true, as long as it stabilizes above the weekly mid-track, the short-term downward adjustment can be ended at any time, patiently wait for a better stabilization K to appear;
Second, gold 4-hour level: yesterday, it fluctuated slowly and climbed upward and broke through the 10 moving average, and today it was fluctuating and sideways. At this time, the key mid-track resistance is being tested, which is the key to strength tonight; if it breaks through and stands on the mid-track 3331-30 will continue to rebound to test the previous day's high of 3345-47. Only by breaking through and standing on it can it be expected to xmserving.completely end the short-term decline; if the middle track has been suppressed, then this cycle will still be weaker overall;
Third, the golden hourly level: Today, the overall amplitude of the Asian and European sessions is only around 10 US dollars, and the movement is very small. The market is waiting for news to stimulate and guide ADP tonight, small non-agricultural, GDP, and the announcement of Federal Reserve interest rates in the second half of the night. From the above figure, it is still maintaining a slow upward channel of oscillation, corresponding to the lower rail support is just the middle rail, that is, to keep the middle rail, and it can continue to rebound; once the big negative falls below the middle rail, there will be a wave of downward stake and then stabilize and rise, and often in the fluctuation market, a sharp drop may not continue. Easy to pull back, such as the fake action of silver piercing 38 just now; therefore, tonight, wait for the data to be released before making predictions. If the middle track can show a good stable upward trend, then turn back and confirm to see a wave of pull-up; if the sharp drop falls and falls downward, don’t rush to take action, wait until the hourly line closes before deciding. If the big negative is full, then rebound confirms that the middle track looks like a short-term suppression decline, and then look at a bullish rebound after stabilizing at the low level; if it is just a quick piercing and pull back, closes to the long lower shadow K, then it is a fake action, and then look at the rebound;
Silver: Today, it touched the lower track of the 38 channel for the first time, and it still supported a rebound to 38.2. Since it was fluctuations in the small area, it closed as soon as it was better; and the second test 38 rebounded to 38.1, followed by a downward trend, with a low of 37.77; tonight we should pay attention to the xmserving.competition for 38-line. If we close again, we will rebound upward; if we suppress 38 but fail to go up, we may have to test the support of the daily 37.5 line;
Crude oil: a strong rise overnight, and a wave of upward today, under pressure, the overnight high point surges and falls back, so the US market believes that it is a bottoming out and pulling up; pay attention to the support of 67.7-67.3 below, one is the 618 split position, which is also the starting point of the big positive, and the other is the daily 5 moving average, and it retraces and stabilizes to continue to follow the bullish;
The above are several views analyzed by the author, as a reference, and it is also the twelve Since the beginning of the year, the technical experience accumulated by watching and reviewing the market for more than 12 hours a day will be disclosed every day, and the technical points will be disclosed in conjunction with text and video interpretation. Those who want to learn can xmserving.compare and refer to the actual trends; those who recognize ideas can refer to the operation, lead the defense well, and risk control first; those who do not recognize them should just be over; thank you for your support and attention;
【The views of the article are for reference only, investment is risky, and you should be cautious when entering the market and be rational.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]: narrow range fluctuations, waiting for the Federal Reserve interest rate meeting to break", which 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!
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