Trusted by over 15 Million Traders
The Most Awarded Broker
for a Reason
CATEGORIES
News
- 【XM Market Review】--EUR/USD Forecast: Declines as CPI Meets Expectations
- 【XM Forex】--USD/MYR Analysis: Faces Resistance Near 4.4580
- 【XM Market Review】--EUR/USD Forex Signal: Bullish Consolidation Basing Off $1.04
- 【XM Decision Analysis】--GBP/USD Weekly Forecast: Interest Rate Cut and More Weak
- 【XM Decision Analysis】--Nasdaq Forecast: Recovers as We Look to Test Resistance
market analysis
The non-agricultural economy has not been announced as scheduled. The trend of the gold cycle yesterday, should we first raise it and then suppress it?
Wonderful introduction:
Optimism is the line of egrets that are straight up to the blue sky, optimism is the ten thousand 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 Foreign Exchange Decision Analysis]: Non-agricultural sectors have not been announced as scheduled. The trend of the gold cycle yesterday, should I first push up and then suppress it?" Hope it will be helpful to you! The original content is as follows:
Zheng's silver spot: Non-agricultural sectors have not been announced as scheduled. The trend of the gold cycle yesterday, should we first raise and then suppress?
Review yesterday's market trend and technical points:
First, gold: I ambushed the 3880 first-line band bearish decline and adjustment, and defended 3900; because the previous day's closing report surged and fell back and fell, the long shadow K, yesterday's prediction was to rebound to a second high point and continue to suppress and fall. Although the rebound pull-up momentum was indeed stronger than expected, and it pierced the previous day's high point, fortunately the resistance of 3900 was relatively firm, and finally met the prediction. A wave of diving came to suppress and reached the band target 3830-20; here was originally the backhand bullish position of the planned daily 5 moving average, but because it arrived too late, it was not implemented, and finally stabilized at the end of the 5th day and gradually pulled back;
Second, silver: yesterday's silver did not lay out because it was out, and it could not be Drawing pictures on the www.xmtraders.computer, but it also emphasizes that after carefully pressing the short-term push, it will fall, and finally rise to 48, and fall to 46 in an instant, and the 48 line is exactly the upper rail resistance level of the short-term channel;
Interpretation of today's market analysis:
First, gold daily line level: Yesterday, the upper and lower shadow lines were basically the same as the spindle K, the closing price was still stable above the 5th day, and the bulls remained quite strong in the short term; but it failed to break through 3900 twice, and formed a certain box consolidation and correction at the high level, or through time to exchange space, after a few days of consolidation, it continued to attack and stand firm at 3900 and hit the 4000 mark; originally, when the research report was written last night, the price was at a very low level of 3840 line. If the closing was close to the 5 moving average, it might follow the trend of September 17 and 18th.There are signs to correct the 10 moving average and then stabilize and pull up; however, today, it closed at 3855 at the end of the trading day, which means that once it cannot fall below yesterday's low point today, it is easy to repeatedly push up and squeeze the short to rise again. The high level may still need to be consolidated. It is not ruled out that it will pierce yesterday's high point and then rise and fall. Unless it directly breaks through the 3900 and closes to a full positive K, then it will directly pull directly next week; anyway, the trend It is always bullish, this year only has higher and no highest, and 4,000 is not a top. Whether there is sideways correction or fluctuation and decline correction, it will eventually continue to hit a record high;
Second, gold 4-hour level: last night, falling and falling, fell and fell, and fell, and after the four K-lines were sorted, it is now back on the middle track, so there will be a strong upward force again to see if it can be suppressed below 3,900;
Third, the golden hourly line level: a slight increase in the morning and touched the middle track and showed pressure. When the closing at 9 o'clock, the price returned to below 3858, and then decisively followed a wave of bearish decline first. The final target was close to 3837, which was the 618 segment support of the overnight rebound; at 14 o'clock in the afternoon, a big positive directly tested the middle track again, engulfing the previous negative K, which means that the downward momentum is insufficient. It emphasizes that once the market closes again, it needs to follow a wave of bullish trend. Therefore, when the 15-point positive line appears, 3860 will follow the bullishness, and it is currently rising to 3880; next, let’s see if the long and short kill routines of last night will appear tonight, pressing short to pierce yesterday’s high point, and then quickly back-testing and suppressing. Therefore, after 3897 breaks through, you must pay close attention to whether there is a rapid pressure-bearing action. The pattern is long upper shadow K, preferably a negative line, so you must be careful to fall under pressure; currently maintaining short squeeze and pull up, and be cautious about rising above resistance 3897. If it does not experience a circular pressure plunge, but maintains a continuous positive rise, then you must basically stand firm at 3900 at the beginning of next week and further make a strong unilateral force, and then continue to rise strongly;
Silver: It continues to rise overnight, and has recovered half of the decline. In the chart, the lower track of the blue channel in the chart twice fell back today, and after the support of the lower track of the blue channel is stable, it breaks up again and stands on the mid-track of the hourly line, so it also needs to follow the bullishness. It is also in a short squeeze and pull up. The derivative resistance of the upper track of the channel moves up by 48.4-48.5. When it reaches this position, it must be cautiously suppressed and then dives; similarly, if it continues to rise, it is not suppressed and rises slowly to the closing, then it may also bring further unilateral strong attacks at the beginning of next week, and the previous high of 49.8 will be quickly taken down;
Crude oil: AlthoughHowever, it still declines in the short term, but it has been in a bottom divergence. This decline may be revised in the later stage of brewing oversold rebound; the lower track of the channel is above 60, and the resistance is above 61.4. When will it effectively break through the upper track and stand firm, then the oversold rebound will start;
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 the market for more than 12 hours a day in the past twelve years. Technical points will be disclosed every day, and the interpretation of text and videos. Friends who want to learn can www.xmtraders.combine the actual trends. www.xmtraders.comparative reference; those who recognize ideas can refer to operations, lead defense well, risk control first; those who do not recognize them should just be floating by; thank you for your support and attention;
[The article views are for reference only. Investment is risky. You must 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! 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 about "[XM Foreign Exchange Decision Analysis]: Non-agricultural policy has not been announced as scheduled. The trend of the gold cycle yesterday, first pull up and then suppress?" was carefully www.xmtraders.compiled and edited by the editor of XM Foreign Exchange. I hope it will be helpful to your trading! Thanks for the support!
Only the strong know how to fight; the weak are not qualified to fail, but are born to be conquered. Step up to learn the next article!
Disclaimers: XM Group only provides execution services and access permissions for online trading platforms, and allows individuals to view and/or use the website or the content provided on the website, but has no intention of making any changes or extensions, nor will it change or extend its services and access permissions. All access and usage permissions will be subject to the following terms and conditions: (i) Terms and conditions; (ii) Risk warning; And (iii) a complete disclaimer. Please note that all information provided on the website is for general informational purposes only. In addition, the content of all XM online trading platforms does not constitute, and cannot be used for any unauthorized financial market trading invitations and/or invitations. Financial market transactions pose significant risks to your investment capital.
All materials published on online trading platforms are only intended for educational/informational purposes and do not include or should be considered for financial, investment tax, or trading related consulting and advice, or transaction price records, or any financial product or non invitation related trading offers or invitations.
All content provided by XM and third-party suppliers on this website, including opinions, news, research, analysis, prices, other information, and third-party website links, remains unchanged and is provided as general market commentary rather than investment advice. All materials published on online trading platforms are only for educational/informational purposes and do not include or should be considered as applicable to financial, investment tax, or trading related advice and recommendations, or transaction price records, or any financial product or non invitation related financial offers or invitations. Please ensure that you have read and fully understood the information on XM's non independent investment research tips and risk warnings. For more details, please click here