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Gold morning 3163 watch the suppression is successful, and tonight 3116 still see the pressure
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Hello everyone, today XM Foreign Exchange will bring you "[XM Foreign Exchange Decision Analysis]: Gold morning 3163 sees the suppression successful, and tonight 3116 still see pressure." Hope it will be helpful to you! The original content is as follows:
Zheng's silver point: Gold morning 3163 sees the suppression successful, and tonight 3116 still see pressure
Review yesterday's market trend and technical points:
First, gold: Yesterday morning, it was still the cycle and directly strengthened and pulled up, stabilized the 3100 mark, and then rely on the hourly line middle track 3124 and the trend line support 3112 to follow in batches The rise, using the starting point as the defense, and finally successfully lifted up and harvested and left; because the continuity was poor at that time, it was repeated consolidation in range, so it responded by light positions and batches to avoid puncture sweeping;
Second, in terms of silver: When gold pulls back slightly, it struggles to rise, and the low level is given to follow the bullish position. When it finds that it immediately rises, it will adjust its position near the capital, and eventually it will rise a little. To the 24th line;
Third, crude oil: Yesterday's research report pointed out that the support of 70.6-70.2 is stable, and the resistance can be rebounded upward to see the 72.3 line, which is consistent with the high and low points;
Today's market analysis and interpretation:
First, gold daily line level: Yesterday, relying on the MA5 moving average to stabilize and continue to close and rise, and today's rapid pull is still a bit cautious; On the one hand, if the overnight tariff announcement has basically been implemented, the profit-taking order may fall and suppress the market; on the other hand, technically, the high point of the 3167 first-line is a key upper-track suppression point of the channel, which will be discussed at this hourly level; on the other hand, it has been repeatedly emphasized in the past few days that the five waves of small cycles have been xmserving.completed, and the high point has exceeded expectations, so beware of the pullback wave at any time; then today, the current inverted hammer head is out of the big negative K.Now, it is the beginning of a short-term correction; as for how much room this wave of decline will be, we must judge step by step based on the short-term moving average support. For example, MA5-day position 3116 has broken, so we will pay attention to MA10-day position 3066 line below. If we go down, the top and bottom support 3056 will be supported. If we go back and re-confirm the upper track of the previous channel, we will confirm the point 3020 line again. At that time, the middle track should gradually move closer to it; for the daily line, we will pay attention to these positions, and we will not see the signal for the time being. When a stable K occurs one day, this short-term pullback will end at any time. The same sentence is still the same: any squat down adjustment this year is to prepare for further hitting a historical high in the future; don’t look at it, there may be continuous negative news at the daily level. The possibility of a downward adjustment, but when it xmserving.comes to the weekly and monthly, it is just a small K-line pullback, which is not enough to affect the development of the overall bullish trend;
Second, gold 4-hour level: According to the several division support divided by the last wave of rise of 2999-3167, it is currently hit the 50% position of 3083, and the 61.8% position is 3063, which is also the support point of the 66-day moving average; after the key segmentation support is touched, we must dare to test it, especially 618, which resonates with the daily MA10-day moving average, and one resistance is 3103 and the other is the middle track 3122. It is likely that it will maintain a relatively weak operation under the middle track tonight. https://xmserving.comThe middle track will be repeatedly tested. Once the site breaks through again, it is the time when the correction is over;
Third, golden hourly line level: From the above picture, this is also the chart given by yesterday's research report. In the morning, the high of 3167 in the morning, just touched the upper track. At that time, I thought it might be similar to the pattern on March 20. Two or three times in the short term, and finally under pressure, welcoming a wave of decline adjustments. Therefore, 3163 first tried bearishness, and the first wave successfully reached the red trend line position of 3116 in the chart. Due to the good entry point, the defense moved down to the high point of the big negative in the afternoon of 3141. You can continue to be greedy to take it, and you are ready to go to the 3080 target to test; however, the European session touched 3 After 116, there is a K-shot in the market. If the second downward or a long downward shadow, beware of the rebound first, because the red line supports many times yesterday, so the 3126 line conducts a light position and short-term rebound test. Once it is pulled high, you can take the opportunity to bearish and fall back. However, before closing at 18 points, you can see that there is a clear power to rebound. At the same time, crude oil, silver, US stocks, and US dollar are all falling simultaneously. Silver fell sharply at that time, it prompted that 3126 will adjust its position in the original position to avoid unknown risks. In the end, it was indeed broken. At this time, the lowest level is 3085, and it is basically close to the original target of 3080.Nearby, if you insist on holding a position at a high of 3163, you will only take a small band of more than 60 US dollars a day, and at least half of them will not be able to hold it;
Next, the rebound confirms that the red line pressure is 3116, the blue channel lower support is 3078, and the annual moving average support is 3066. First, pay attention to whether the two support can be stable; if there is a sudden pull in the US before and after the US market, you can continue to fall back twice; if you do not rebound and continue to fall in one breath, then you can only be patient. Wait for the signal of stabilization;
Silver: The day's big negative effectively breaks the lower rail support 33 line of the small cycle downward channel. So tonight, we should pay attention to whether the key lower rail support of the daily level channel can be stable near 32, which is also the MA66 daily moving average position. Once it stabilizes, it should still rebound to confirm the middle rail;
Silver: Today's crude oil is also synchronized with a large negative. As long as you see gold, silver, US stocks, US dollar, etc. fall sharply simultaneously, it means that assets are selling, then today It is the so-called black day; the darkest decline, and crude oil hits back to the bottom and fluctuates, with resistance below 68.5-69.3 under pressure, and support above 65.2;
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 ten years. Technical points are disclosed every day, and the interpretation of text and videos. Friends who want to learn can xmserving.compare and refer to it based on the actual trend; those who recognize ideas can refer to the operation and take good defense Keep it, risk control first; if you don’t agree, just drift by; thank you for your support and attention;
[The article views are for reference only. Investment is risky. You need to be cautious when entering the market, rationally operate, strictly set losses, 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
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