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The bottom hammer is waiting to be pulled up, gold and silver retreat to low and long positions
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Hello everyone, today XM Foreign Exchange will bring you "[XM Foreign Exchange]: The bottom hammer is waiting to rise, gold and silver retreat to go low and long". Hope this helps you! The original content is as follows:

Yesterday, the gold market opened at 4232.1 in early trading and then the market rose slightly to reach a daily high of 4236.4. Then the market fluctuated and fell back. The daily low in the US session was 4162. After the position of 1, it rose in late trading. After the daily line finally closed at the position of 4210, the daily line closed in the form of a hammer with a very long lower shadow. After the xmmarkets.cnpletion of this form, the daily line stepped back on the triangle upper track to effectively pull up. Today's market rebounded and delayed. Continue to be long, but after the daily line forms a rubbing pattern, the market is mainly based on range thinking. In terms of points, the longs of 3325 and 3322 below, the longs of 3368-3370 last week, the longs of 3377, 3385, and the longs of 3563 will stop after reducing their positions. The loss follow-up is held at 3750, and the stop loss is 4169 for today's 4175. The target is 4190, 4205, 4210, 4220, and 4230. If the position is broken, the target is 4243 and 4252.

The silver market opened slightly lower in early trading yesterday at 57.687. After the market closed the gap of 58, it fell back. The daily minimum was 56.531, and then the market fluctuated and rose. The highest in late trading was 58.655. After finishing the adjustment, the daily line finally closed at 58.493, and the daily line closed in the shape of a hammer with a long lower shadow. After such a form ended, today's market rebounded and continued to be bullish. In terms of points, the bullish of 37.8 below and the bullish of 38.8 followed up at 42 holds, last week's long position of 50.75 and long position of 52.7 was followed up with stop loss at 53, and today's long position of 57.8 is 57.5. The target is 58.5, 59 and 59.4-59.8.

European and American markets opened at 1.16069 yesterday and then the market consolidated. The daily low reached 1.15901 and then the market rose strongly. The daily high hit 1.16257 and then consolidated. The daily line finally closed at 1.16231. , the daily line closes in the form of a hammer with a long lower shadow. After the end of this form, today's market will still need more resistance. In terms of points, today's stop loss is 1.15850, which is more than 1.16000. The target is 1.16250, 1.16500 and 1.16700.

The U.S. crude oil market opened at 59.58 yesterday, and the market rose slightly to reach a daily high of 59.73, and then fell back. The daily low reached a position of 58.33 and then consolidated. The daily line finally closed at 58.64. The line closes with a big negative line with the lower shadow line slightly longer than the upper shadow line. After the end of this form, the daily line is negative and positive. Today, 59.2 is short and the stop loss is 59.7. The target is 58.7 and 58.3. If it falls below, 58 and 57.6-57.2.

After the Nasdaq opened at 25362.8 yesterday, the market fell first. The daily line reached the lowest position of 25267.28 and then the market rose. The daily line reached the highest position of 25622.07 and then consolidated. After the daily line finally closed at 25551.03, the daily line closed at 25551.03. The Zhongyang line with equal lengths of upper and lower shadow lines closed. After the end of this form, today's market price is over 25,400 and the stop loss is 24,350. The target is 25,550 and 25,600 and 25,650 and 25,700.
Fundamentals: Yesterday's fundamentals: The asset size of U.S. money market funds exceeded US$8 trillion for the first time. The President of the United States said that he may announce the candidate for the chairman of the Federal Reserve early next year, and actively hinted that the candidate will be Hassett. He also said that the United States will soon launch a land crackdown on drug trafficking groups, and any country that sells drugs to the United States will be cracked down on. Obviously, the beautiful country has found an excuse for its ground attack on Venezuela. Market risk aversion has increased, and Putin held a meeting with the US special envoy, which lasted nearly five hours. Russia said the meeting was fruitful and the two sides agreed not to disclose the substance of the negotiations. Today's fundamentals mainly focus on the US ADP employment number in November at 21:15. This round is expected to be 20,000 people, the previous value was 42,000 people, and thenLook at the monthly rate of the US import price index in September at 21:30. Later, we will look at the monthly rate of US industrial output in September at 22:15, the final US November S&P Global Services PMI at 22:45, and the US November ISM non-manufacturing PMI at 23:00. Later, we will look at the US EIA crude oil inventory for the week to November 28, the US EIA Oklahoma Cushing crude oil inventory for the week to November 28, and the US EIA strategic petroleum reserve inventory for the week until November 28 at 23:30.
In terms of operation, gold: 3325 and 3322 are long below, 3368-3370 is long last week, 3377 and 3385 are long, and 3563 is long. After reducing the position, the stop loss is followed up at 3750. Today, 4175 is long and the stop loss is 4169. The target is 4190, 4205, 4210, 4220, and 4230. Look at 4243 and 4252.
Silver: The longs of 37.8 and 38.8 below are held at 42. Last week’s longs of 50.75 and the longs of 52.7 were reduced and the stop loss was followed at 53. Today, the longs of 57.8 and the stop loss are 57.5. The target is 58.5, 59 and 59.4-59.8.
Europe US: 1.16000 today, stop loss 1.15850, target 1.16250 and 1.16500 and 1.16700.
US crude oil: 59.2 today, short stop loss 59.7, target 58.7 and 58.3, below 58 and 57.6-57.2.
Nasdaq: Today The market price is more than 25400 and the stop loss is 24350. The target is 25550 and 25600 and 25650 and 25700.
The above content is the entire content of "[XM Foreign Exchange]: The bottom hammer is expected to rise, gold and silver will retreat and go low and long". It is 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!
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