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Gold enters the waste stage, 3300 loss is further downgraded and corrected
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Hello everyone, today XM Foreign Exchange will bring you "[XM Group]: Gold enters the waste stage, and 3300 loss will be further reduced and corrected." Hope it will be helpful to you! The original content is as follows:
Zheng's silver point: Gold entered the waste stage, 3300 fell further down and corrected
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Review yesterday's market trend and technical points:
First, gold: overnight oscillation and bottoming out, yesterday morning, directly followed the bullish wave above the hourly line mid-track 3330, and finally successfully reached the 3350 target; the US fell back to 3332 before the trading session and continued to be bullish once, and soon reached the profit of US$10; due to negative data in the US, it suppressed a wave to 3322, using the overnight low of 3311 as the defense, and based on the lower track of the channel, it chose to oscillate and bullish once, but unfortunately it was pierced, and then quickly pulled back to the origin; seeing the long shadow line K of the hourly line appeared, relying on 3320 to set up a band, and it was believed that the 3309 position was possible at that time This is the low point, because a new upward channel was formed, and it just stepped on the lower track position. It did pull a wave to 3336 in the middle of the night, but it was still unlucky. I wanted to seize the protection of 20 US dollars in reducing holdings, and it was 4 US dollars away. When I got up, I returned to the starting point;
Second, in terms of silver: Yesterday, the big sun broke through the sideways resistance level of 36.4, and confirmed that I wanted to turn bullish. It rose to 36.7 in the middle of the night, leaving the target of 36.8 It is also a little bit worse. If there is some suppression and decline today, it is recommended to increase the position at 36.4;
Third, on the third, crude oil: yesterday, relying on the 65 line to fluctuate and bullish, the lower track of the convergence triangle supports, and after successfully breaking through the upper track, it reached 66 for profit. Unfortunately, it did not continue to make efforts in the second half of the night and was still trapped in the channel;
Today's market analysis and interpretation:
First, gold daily line level: 2956-3A trend support line formed by the first two lows of 120 was supported at the 3295 position at the beginning of this week, and a wave of rebound was launched. At that time, 3300 was also sold out, pulling up 50 US dollars; and there was a wave of sell-off today, and the current big shadow has lost this trend line, which means that the short-term initial bottom considered by the first Zhou Dynasty has not been formed. Next, we have to wait for the next key position to test the short-term bottom; then the trend support line formed by the two early lows of 2832-2956 corresponds to the support point today at the 3240 line. , in two days, it will move upwards to the 3247-45 line, which happens to be the low point on May 29, and is also the 618 division support point for the 3120-3452 retracement; in addition, rising from wave 3120 to 3452 is the first wave of new rise, and the second wave pullback 618 position is 3247; xmmarkets.cnbined with the two oscillation and decline channels in the past two weeks, 3452-3398 is the two upper rail points of the channel, and 3365-3340 is the two lower rail points of the channel. Today, the 3282 line has actually touched the channel. The track means that if we go down today, there may be a punctured lower shadow similar to this Tuesday's bottoming and pulling up, and then the oscillation rebound will be restored at the beginning of next week. If we continue to suppress it, it should just correspond to around 3247; finally, the macd fast line will also immediately touch the zero axis. We know that the bull trend in the past two years is very strong, and every time we get close to the zero axis, it may be the starting point of the rise. If we go below the zero axis, although the oscillation correction time will be extended, and the correction strength may be expanded again, after releasing the short power and brewing the golden cross below the zero axis, it will be A new round of bull trends will continue in the past two years;
So, in summary, the oscillation and decline correction or range consolidation correction must be carried out in the short term. The next position waiting for the test to be around 3247 or below. At least the first time you touch it will rebound for 40 or 50 US dollars; from the current point of view, if the rebound wants to evolve and reversal and return to the bulls, you must return to the middle track, that is, break through the upper track of the downward channel in the past two weeks, and wait for another week or two;
Second, gold hourly level: Gold is still in the waste stage. The geopolitical situation continued to heat up last week, but the gold price fluctuated and fell; this week the US dollar weakened unilaterally, hitting a new low in a few years, but it still fluctuated and weakened; the temporary positive news cannot support it to stabilize well, so in the short term, it will continue to fluctuate and not continue, and the sweep is mainly weak, and both long and short can be done, so the position needs to be patient. , if you have the idea of chasing the rise and selling the fall, you will be easily washed; tonight's resistance is paid attention to the middle rail 3310 and the lower rail of the channel yesterday's reverse pressure point of 3315-16, which happens to be the 618 split resistance. When it touches pressure, it can fluctuate and bearish when it is high; for support, it is actually at the current position of 3280, which is another channel lower rail in the figure. In 15 minutes, the macd is obviously in a serious bottom divergence. If it pierces downward tonight, it is easy to rebound oversold., so pay attention to the stabilization of the 3270-3260 area, and pierce the range of about 10-20 meters. The US market will first directly fall sharply, wait for a long shadow K, and then choose the opportunity to try an oversold rebound to see the correction, such as the way of moving in the early 3295 at the beginning of the week;
Silver: From the current daily line pattern, it seems that there is a head and shoulders top, 36.8 becomes the left and right shoulders, and the neckline key supports the 35.25 line. If it is effectively broken, the head and shoulders top will be suppressed. On the contrary, if it effectively breaks through 36.8, the head and shoulders top will fail and will strengthen and exert force; and today I will pay attention to whether the middle track 35.77 line can be held. If the US market falls again, it will still not break it. You can try to oscillate and see a rebound, and bear pressure below the high point within 36.7 days, and then oscillate and bearish fall, and treat it with volatility;
Crude oil: The movements and stillness in the past few days are really small, maintaining the upward channel at the bottom oscillation, with the lower rail support 65, the upper rail resistance 66.7, and the range of oscillations;
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 watching and reviewing for more than 12 hours a day in the past twelve years. Technical points are disclosed every day, and the interpretation of text and videos. Friends who want to learn can xmmarkets.cnpare and refer to them based on the actual trends; those who recognize ideas can refer to them. Take the test of operation, lead the defense well, risk control first; if you don’t agree, just pretend to be bye bye; 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! xmmarkets.cnments 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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