Trusted by over 15 Million Traders
The Most Awarded Broker
for a Reason
CATEGORIES
News
- The continued depreciation of the yen may be just a perfect trap
- Gold continues to rise in Asia and Europe today, and will rise again tonight
- The Reserve Bank of New Zealand cuts interest rates by 25 basis points, the sixt
- The strengthening ringgit and weak exports are both suppressing. Where can palm
- The U.S. Treasury Secretary rarely puts pressure on Japan to raise interest rate
market analysis
Gold and silver have entered a crazy upward mode, and gold will support 5030 in the short term tonight
Wonderful introduction:
Life requires a smile. When you meet friends and relatives, smiling back can cheer up people's hearts and enhance friendship; accepting help from strangers and smiling back will make both parties feel better; give yourself a smile and life will be better!
Hello everyone, today XM Forex will bring you "[XM Foreign Exchange Decision Analysis]: Gold and silver have entered a crazy rising mode, and gold will support 5030 in the short term tonight." Hope this helps you! The original content is as follows:
Zheng's point of view: gold and silver have entered a crazy rising mode, and gold has short-term support at 5030 tonight
Today's market analysis and interpretation:
First, gold monthly level: refer to the weekly video, several long-term target levels have been updated for the market outlook; the bull market continues to remain unchanged, and the trend is northward;
p>Second, the weekly level of gold: refer to the latest channel upper track, pay attention to the gains and losses of the 5140-38 first-line upper track resistance this week; the mid-term trend is still bullish;
Third, the daily level of gold: last week, the sun continued to rise for five consecutive days, in line with the point raised on Tuesday, gold ended the shock step-like rise before the end, and entered a unilateral strong rise, which is just a strong one. The intensity was greater than expected, and it failed to step back several times to confirm the key support level; today's morning high opening and rising was within expectations, and Zhou Video had informed in advance that the same sustained intensity was unimaginable. 5000 is not a resistance level, and it reached above 5100 in one breath. At this time, the price has begun to break away from the 5 moving average, and there are signs of acceleration, which means that sooner or later this wave of consecutive positive rises will encounter gains. A high Yin line is suppressed by the profit market, and only by correcting the Yin line can we continue to develop strongly in the Yang line. When the unilateral strong market rises, there are generally either two small Yin lines or a single big Yin line, which are corrections. They will continue to rise after stabilization. Today, the 5-day moving average moved above 4900. We will not consider it for the time being. It is a bit remote and depends on the support of the small cycle;

Fourth, golden hour line level: fromJudging from the channel distribution in the chart above, the morning opening continued to rise and the strong attack continued. In the afternoon and the European market, it has maintained a short-selling operation on the 10 moving average. It is currently stuck at 5100 and is trading strongly sideways; the upper rail resistance of the white channel should pay attention to 5120-5130. The upper rail of the yellow channel has stepped back to confirm the support and pay attention to the 5030 line. The middle rail is basically close to it, and the lower rail support of the white channel has also moved up to 5030; therefore, tonight's resistance Strength 5120-5130, support 5030, temporarily pay attention to the operation in this 100-meter space, step back and continue to go north, and when encountering resistance, there will be a pressure signal, appropriate short south, small warehouse test; if the key support 5030 cannot hold, and continues to fall, then it may be a profit-taking, and institutions will start to cut leeks. At that time, it will still try to go north when it is close to the daily 5 moving average;

In terms of silver: the monthly, weekly, and even daily lines have launched a crazy pull of nearly 90 degrees, which is very violent and unprecedentedly violent. For those who have an early trend of moving northward, this is simply a cheating value-added account. It is very Very www.xmtraders.comfortable. As long as you carefully read the research reports I gave every day and watch the weekly videos every week, I believe you will insist on holding on to at least a few trend bottom positions. In terms of physical goods, whether gold or silver, it is emphasized to hold on, hold on steadily, and get to the middle of this year; from the trend above, today from 1 03 soared directly to 110, which is very powerful. Now we are also paying attention to the hourly 10 moving average. Only if it falls below it can we make adjustments and give the opportunity for lows to move north. The support for small adjustments in the afternoon is 106.2, and the hourly mid-rail support has gradually moved up here, so As it is the key tonight, it is as important as gold 5030. If it is stable and continues to move northward; if it cannot be stabilized, then there is a chance that the daily line will gradually pull back to the 5-day moving average of 100-99. If it pulls down, we must dare to move north;

Crude oil: Zhou Video pointed out that the recent speculation of precious metals has been crazy, and the next trend may be bulk www.xmtraders.commodities, such as crude oil, which may also be the next dark horse; technically, the monthly line will see whether there is a good bottom Yang K; the short cycle is still in In the shock channel in the figure, the lower rail support is 59.5. We will continue to see a rebound at this position. The upper rail resistance is 61.3. Once it reaches the upper rail, it is expected to point to the daily annual average of 63. If it breaks above it, the trend of crude oil will gradually change;
The above is the author's technical profile. Several points of analysis are used as a reference. It is also a summary of the technical experience accumulated by monitoring and reviewing the market for more than 12 hours a day for twelve years. The technical points will be disclosed every day, with text and video interpretation. Friends who want to learn can www.xmtraders.compare and reference based on the actual trend; Those who agree with the idea can refer to the operation, take good defense, and risk control first; those who do not agree can just let it go; thank you for your support and attention;
[The opinions in the article are for reference only, investment is risky, you need to be cautious when entering the market, operate rationally, strictly set losses, and controlPosition control, risk control www.xmtraders.comes first, and you are responsible for profits and losses]
Writer: Zheng's Dianyin
Reading and researching the market for more than 12 hours a day, insisting on ten years, detailed technical interpretations are made public on the entire network, and serve with sincerity, dedication, sincerity, perseverance, and wholehearted service to the end! Write www.xmtraders.comments on major financial websites! Proficient in the K-line rule, channel rule, time rule, moving average rule, segmentation rule, top-bottom rule; student cooperation registration hotline - WeChat: zdf289984986
The above content is about "[XM Foreign Exchange Decision Analysis]: Gold and silver enter the crazy rising mode, gold will support the short-term 5030 tonight". It is carefully www.xmtraders.compiled and edited by the XM foreign exchange editor. I hope it will be helpful to your trading! Thanks for the support!
In fact, responsibility is not helpless or boring, it is as gorgeous as a rainbow. It is this colorful responsibility that creates the wonderful life we have today. I will try my best to organize the 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