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market analysis
Gold hits a record high again, and it will be stable at 3,800 tonight.
Wonderful introduction:
Optimism is the line of egrets that are straight up to the blue sky, optimism is the thousands of white sails beside the sunken boat, optimism is the lush grass that blows with the wind on the head of the parrot island, optimism is the falling red spots that turn into spring mud to protect the flowers.
Hello everyone, today XM Foreign Exchange will bring you "[XM Official Website]: Gold hits a record high again, and tonight at 3,800 and still have a high point." Hope it will be helpful to you! The original content is as follows:
Zheng's silver point: Gold hits a new record high again, and 3800 tonight has a high point.
Review the market trend and technical points that appeared last Friday:
First, in gold: In the morning, relying on the 618 segment support 3722-3758, which retraces the overnight increase of 3722-3758, the 3735 line continues to be bullish, reaching above 3750 to reduce holdings; the European session retraces 3748 still watch Since the US market has important PCE data released, the capital 48 protection was moved up in advance. After the data was released, it first fell sharply to 46 and then instantly pulled up and broke through a new high; the announced value was in line with expectations, and there was no negative news, which was a small profit. Therefore, 3754-55 continued to take back the bullishness and finally successfully reached the 3780 first-line target; due to continued efforts, there was further breakthrough of high momentum in the daily line, it was emphasized that it could be held on Thursday night, 3730 and Friday 3735. , and 3754 bottom position bullish orders, waiting for the 3800 top target this week, or even the 3826 target; today, everything is carried out according to the deduction idea, which is www.xmtraders.completely in line with the prediction, reaching a maximum of 3820, not far from 3826, so the bottom position in the past two days is bullish, and has also captured a lot of swing profits;
Second, in terms of silver: last Friday, it pointed out that 44.8 is bullish, and it rose sharply on the 46 mark that day, and the bottom position is also We must insist on holding on and looking at a higher position. Today, it is indeed a strong upward trend. After breaking the 47 mark, the bottom position has basically had a profit of 100 meters in just two days.
Interpretation of today's market analysis:
First, the detailed interpretation of the gold daily line level: Monthly and weekly line levels can refer to the weekly video. The medium and long-term trend continues to maintain a relatively strong bull development, and don't guess the top. This year's strength is based on the monthly line four.If the continuous positive development continues, its height impact of US$4384 is not impossible. This position is US$251 per ounce as the starting point of the big wave, and 1046 is the second wave to fall back to the low point, and the estimated third wave is twice the height of the derivative wave; from the daily level, a big positive K may be generated today. Once the closing is still full, it will further surge tomorrow, so that 3826 will basically not be able to stop it, at least it will break through some distance upward, and there will not even be a decent pullback around before and after the National Day holiday, because too many people are waiting for the pullback to buy, and there are also a group of people who are constantly touching the top, so this wave of pullbacks, either dare not look bullish at a high level, or continue to test Try short, which leads to only a small number of people insist on looking for bullishness, so the price will keep rising and breaking highs. When you hear the road on the road, when the aunts and grandpas in the vegetable market say that they want to buy gold, they should be careful to adjust and harvest. From the moving average, the opening of the morning is still above the 5th, which implies that it is still strong. If you hold it, you will continue to look bullish, only long and not short;
Second, gold 4-hour level: continuous positive and negative, maintain above the 5th, these are strong signals; after breaking through the middle track last Friday, the fallback confirms that the middle track is stable and continues to exert force. Pay attention to the 5th tonight, and the limit will continue to be bullish on the 10th;
Third, the golden hourly level: the Asian session has a sharp rise, the European session is at a high level between 3800 and 3820, and the overall trend is still very strong. If it can continue to break the new high before 20 points, then the US session will basically have a second strong pull-up; on the contrary, if it falls downward to 3800, it may turn into oscillation, but even if it fluctuates, it will not lower too much. You can still find a position to be bullish, such as the middle track, such as the 618 division of the intraday increase, the top and bottom conversion point, etc. These positions are basically above 3780; the short-term target focuses on the 3826 line, and if it continues to break up, it is 3836, 3850, 3880, etc.;
Silver: At 10 o'clock this morning, the market bottomed out and rose, and closed back to the hourly 10 moving average, which is also a good signal for stabilization, maintaining short squeeze and pulling up; up to now, it is still running above the 10th day, so relying on repeated bullishness on the 10th day, the target resistance is 47.2, and the breakthrough is 47.5, or even the 48th mark;
Crude oil: Last Friday, it surged and fell, and did not stand above 66, so continue to fight back to the channel and treat it between 66-61; the unilateral trend has not yet been formed, so continue to grasp more gold and silver;
The above are several points of the author's technical analysis, as a referenceThe exam is also a summary of the technical experience accumulated over 12 hours a day. Technical points are disclosed every day, and the text and video interpretations are interpreted. Friends who want to learn can www.xmtraders.compare and refer to them based on the actual trends; those who recognize ideas can refer to them, lead the defense well, and risk control first; those who do not agree should just be over; thank everyone for their support and attention;
[The article views are for reference only. Investment is risky. You must be cautious, rationally operate, strictly set losses, control positions, risk control first, and bear the profit and loss]
Contributor: Zheng’s Dianyin
After reading and research for more than 12 hours a day, persisting for ten years, detailed technical interpretation is disclosed on the entire network, and serve the whole network with sincerity, sincerity, perseverance and wholeheartedness! www.xmtraders.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 official website]: Gold hits a record high again, and stabilizes at 3800 tonight and has a high point". It is carefully www.xmtraders.compiled and edited by the editor of XM Forex. I hope it will be helpful to your trading! Thanks for the support!
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