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market analysis
Shooting Star made a profit, gold and silver retreated and went short first
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Hello everyone, today XM Foreign Exchange will bring you "[XM Foreign Exchange Market www.xmtraders.commentary]: Shooting Star Profit Results, Gold and Silver Return to Shortage". Hope this helps you! The original content is as follows:

Yesterday, the gold market opened higher at 5006 due to the impact of risk aversion news in early trading. After that, the market retreated slightly to reach 4998.6, and then the market rose strongly. The daily highest hit a record high of 5111.8, and then the market consolidated at a high level. The market in the US market during the mid-day session Profit-taking fell back, and the daily line reached the lowest position of 4988.8 and then the market consolidated. After the daily line finally closed at 5011.5, the daily line closed in the form of a shooting star with a very long upper shadow line. After such a form ended, today's market has a short-term profit-taking continuation process, point On the position, below are the longs of 3325 and 3322 and the longs of 3368-3370 and the longs of 3377 and 3385 and the longs of 3563. After reducing the positions, the stop loss is followed up and held at 4200. The longs of 4176 and 4174 are longs of 4187 and 4184 and the longs of 4208 and 4205. The stop loss follow-up is held at 4210. After the long reduction of 4455 in the previous week, the stop loss follow-up is held at 4460. Today, 5055 is first pulled short. The stop loss target of 5062 is 5010 and 4990 and 4980 and 4972 and 4960-4955.

The silver market opened higher yesterday at 104.991.The market rose strongly after covering the gap and reached the position of 103.118. The daily line reached the highest position of 117.811 and then fell back strongly in late trading. The daily line reached the lowest position of 101.737 and then the market consolidated. After the daily line finally closed at 103.672, the daily line closed in the form of an inverted hammer with a very long upper shadow. , and after the end of this pattern, there will be a continued decline today. In terms of points, the longs at 37.8 below, the longs at 38.8, the longs at 50.75, and the longs at 52.7 will be reduced and the stop loss will be followed at 82. Today, the short stop loss will be 109 at 108.55. The target is 105, 103, and 101.7. If it falls below, the support will be 101 and 100.3.

European and American markets opened higher yesterday at 1.18637, then the market first pulled up to reach 1.18977, and then quickly fell back. The daily low reached the position of 1.18331 and then rose twice. The daily high hit the 1.19071 position and then consolidated. The daily line finally closed at 1.18331. After the position of 1.18795, the daily line closes in the form of a spindle with upper and lower shadow lines waiting for the car. After the end of this form, the short stop loss is 1.19150 at 1.19000 today, and the target is 1.18600 and 1.18300 and 1.18000 and 1.17800.

The U.S. crude oil market opened low yesterday at 61.11, then the market first fell back to 60.69, and then rose strongly. The daily high hit 61.78, and then the market fell back strongly. The daily low reached 60.4 in late trading. Pulling up, after the daily line finally closed at 60.91, the daily line closed in a spindle shape with the upper shadow line slightly longer than the lower shadow line. After the www.xmtraders.completion of this form, today's short stop loss of 61.5 and the target below 61.9 are 61, 60.5 and 60.

The Nasdaq opened low at 25322.57 yesterday, then the market fell back to 25270.72 and then rose strongly. The daily line reached the highest position of 25798.16 and then consolidated. After the daily line finally closed at 25726.28, the daily line closed with a saturated positive line. After this form ends, today's market will stop loss at 25550 and stop loss at 25490, with targets at 25650 and 25750 and 25820 and 25900.
Fundamentals, yesterday's fundamentals, the President of the United States said that the Korean Congress has not approved the trade agreement between the two countries and will increase South Korea's reciprocal tariff rate from 15% to 25%. OPEC+ representatives: May maintain the policy of stopping production increases in March. nowThe day's fundamentals mainly focus on the monthly rate of the FHFA house price index in the United States at 22:00 and the annual rate of the S&P/CS 20 major city house price index in the United States in November. Then look at the US Conference Board Consumer Confidence Index in January and the Richmond Fed Manufacturing Index in January at 23:00. In addition, today the President of the United States delivered a speech on the U.S. economy.
In terms of operation, gold: 3325 and 3322 are long, 3368-3370 is long, 3377 and 3385 are long, and 3563 is long. After reducing the position, the stop loss is followed up and held at 4200. The longs of 4176 and 4174, the longs of 4187 and 4184, and the longs of 4208 and 4205 will be held at 4210 with stop loss. The long positions of 4455 last week were reduced and the stop loss will be held at 4460 today. The day first raised 5055 shorts, and the stop loss target of 5062 was 5010 and 4990 and 4980 and 4972 and 4960-4955.
Silver: 37.8 below and 38.8 longs After the long positions of 50.75 and 52.7 were reduced, the stop loss was followed up at 82. Today, the short stop loss is 109 at 108.55. The target is 105, 103 and 101.7. If it falls below, the support is 101 and 100.3.
Europe and the United States: 1.19000 today, short stop loss 1.19150, target 1.18600 and 1.18300, 1.18000 and 1.17800.
US crude oil: today 61.5 short stop loss 61.9, target 6 below 1 and 60.5 and 60.
Nasdaq: Today's market price is over 25550, stop loss is 25490, target is 25650 and 25750, 25820 and 25900.
Yesterday, 5030-5035 was over, 5085 lightened up and left the market.
The above content is all about "[XM Foreign Exchange Market www.xmtraders.commentary]: Shooting Star Profit Results, Gold and Silver www.xmtraders.come Back Short". It is 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!
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