Trusted by over 15 Million Traders
The Most Awarded Broker
for a Reason
market analysis
Gold broke through and rose yesterday, and today's retracement confirmed to stabilize and continue to rise again
Wonderful introduction:
Spring flowers will bloom! If you have ever experienced winter, then you will have spring! If you have dreams, then spring will definitely not be far away; if you are giving, then one day you will have flowers blooming in the garden.
Hello everyone, today XM Foreign Exchange will bring you "[XM Foreign Exchange Market Analysis]: Gold broke through and rose yesterday, and today's retracement confirmed that it will stabilize and continue to rise." Hope it will be helpful to you! The original content is as follows:
Zheng's silver spot: Gold broke through and rose yesterday, and today's retracement confirmed to stabilize and continue to rise.
Review yesterday's market trend and technical points:
First, in terms of gold: yesterday's gold price rose slowly and rose, pushing up from the opening of 3302 and pushing up to the high of 3357 US session three times short-term bullish, and it was unable to reach the expected entry point; because the European session held Continuing to rise, it is believed that the US market still has room for a second rise; in the short term, it points out that 3335 is bullish, and today it finally wins $10; and the band adopts a batch layout. The first entry point is not good, and after the second entry point enters, the average price is the 3343 line, that is, the current price. As long as the 3325 is held and not lost, it still tends to break upward after the range is consolidated;
Second, silver: yesterday pointed out that 35.3 support is supported Effective, resistance below 36.8, consolidation within the range; yesterday's short-term support was 36.2 top and bottom, conservative support was 35.7-35.8 support, stabilizing and fluctuating bullish;
Interpretation of today's market analysis:
First, gold daily line level: Yesterday, it broke through the decline channel in the past few weeks (with two highs of 3452-3398, a parallel channel formed by three points), closed at the 10-day moving average, not After the pressure-bearing middle rail; after the macd approaches the zero axis, the green column gradually shrinks, tends toward a golden cross, and there is a momentum for upward to continue to pull up in the short term; today is still xmmarkets.cnpeting around the two positions of the 10 moving average and the middle rail; if the closing position of the positive line is on the middle rail 3350, then the upward can be gradually tested for the resistance of the 3400-3440 range; and the support point of the upper rail of the channel has been moved down to the 3325 line, and we must stick to it here to not break it in order toContinue to exert force upward;
Second, gold 4-hour level: the current 10 moving average support is still effective, move upwards by 3337-36 line, hold it, maintain the slow rise in this cycle; lose it, it turns into a fluctuation;
Third, the golden hourly line level: today's overall fluctuation is in the range of 3345-3325; two retracements confirm that approaching the upper track of the channel, both support bottoming out and pulling up, indicating that the upward breaking channel was still effective yesterday; at this time, the middle track has a breakthrough, but the 3345 oscillation pressure level is not effective yet, or wait for the small non-agricultural data to stimulate and guide at 20:15; if the closing positive line stands above 3345, it will continue to be bullish to 3357, 3374, etc.; if the closing negative line falls below the middle track again, then continue to oscillate and consolidate in this range, and the 3325 line is the key tonight; only if it returns to the downward channel can it trigger a wash-up. At that time, pay attention to the 618 segment support and try to bottom again. As long as it is pulled down, there will be a good band opportunity at the low level;
In terms of silver: the daily line level has not yet been effective and has fallen behind the middle track, and is in the high range of 35.3-37.3 in the short term, and it still tends to be bullish; From the hourly line level in the chart, it has fallen into a convergence triangle again, with resistance of 36.5, support of 35.8-35.5, and retracement stabilizes and fluctuates bullish;
Crude oil: There is really little movement in the past few days. Today, from the perspective of small channels, there are signs of upward breakthroughs. Pay attention to the 66 support, followed by 64.9 support and 67.3 resistance. First, pay attention to the oscillation between support and resistance, and tend to take a backward look at the rebound;
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 will be interpreted. Friends who want to learn can xmmarkets.cnbine the actual trend. For xmmarkets.cnparison and reference; those who recognize ideas can refer to operations, lead defense well, risk control first; those who do not recognize them should just be over; 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, and serve the wholeheartedly, with sincerity, sincerity, perseverance and wholeheartedly! xmmarkets.cnments written on major financial websites! Proficient in K-line rules, channel rules, time rules, moving average rules, segmentation rules, top and bottom rules; student cooperation registration hotline - WeChat:zdf289984986
The above content is all about "[XM Foreign Exchange Market Analysis]: Gold broke through and rose yesterday, and today's retracement confirmed to stabilize and continue to rise." It was carefully xmmarkets.cnpiled and edited by the editor of XM Foreign Exchange. I hope it will be helpful to your trading! Thanks for the support!
Due to the author's limited ability and time constraints, some content in the article still needs to be discussed and studied in depth. Therefore, in the future, the author will conduct extended research and discussion on the following issues:
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
CATEGORIES
News
- 【XM Group】--BTC/USD Forecast: Volatility in Consolidation - What Will Make It Mo
- 【XM Group】--Gold Forecast: Continues to Rally
- 【XM Forex】--AUD/USD Forex Signal: Neutral Consolidation Within Bearish Price Cha
- 【XM Decision Analysis】--NZD/JPY Forecast: Tests Support
- 【XM Market Review】--Gold Forex Signal: Reaching Towards the All-Time High