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Global Brands Magazine 颁赠
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2.11 Gold fluctuated widely as expected, selling high and buying low during the day, waiting for the breakout

Wonderful introduction:

Since ancient times, there have been joys and sorrows of parting, and since ancient times, there have been sad songs about the moon. It’s just that we never understood it and thought everything was just a distant memory. Because without real experience, there is no deep inner feeling.

Hello everyone, today XM Forex will bring you "[XM Foreign Exchange Market Analysis]: 2.11 gold fluctuated widely as expected, selling high during the day and buying low while waiting for breaks." Hope this helps you! The original content is as follows:

Your profits xmmarkets.cne from other people's losses. In other words, when someone makes a mistake, profits will appear in the market that can be earned, but you cannot calculate or predict how many people will make a mistake next, or how big of a mistake they will make, and you cannot guarantee that you will be on the right side every time. Then, the only thing you can do in trading is that when you make a mistake, try to make the mistake as short as possible. The rest is to wait for others to make mistakes and encourage each other.

Yesterday, gold came out of the range oscillation pattern as expected. The price ran between 4982-5080. Our long and short profits are considerable. For today, the important data is the non-agricultural data in the evening. From the expected point of view, the previous value was 50,000, and this time it is expected to be 70,000. It is expected to be greater than the previous value. The unemployment rate remains unchanged at 4.4. Overall, the expectation is negative. What is the specific final result? From the technical point of view, the daily chart trend is not there, and the short-term top focus is to suppress 508 7 and 5121, stand firm and close above and further look at 5170-5280. It is still a range if it does not break. The four-hour pattern is still the same as yesterday, forming a oscillating market between the upper and lower lines. The upper line pressure is 5074 and the lower line is 4964. Short-term daily There is basically no problem surrounding this range. After breaking, we can see 4900. However, the upper and lower lines of the hourly chart last night were not broken. Therefore, it is expected that the pattern of Asian market fluctuations between 5074-4995 will remain unchanged. Therefore, the xmmarkets.cnprehensive conclusion is as follows:

Intraday: Sell high and buy low between 5074-4994, defend 10 yuan each, and reduce the target to 15 yuan. The remaining points are 40-50. The other points are 55 and 04. Enter the market with the 5-minute signal.

The above ideas are for reference only. The market is risky and investment needs to be cautious. Good luck is with us.

Trading is for profit, not for anger or trading, so traders must understand what stage the price is at and what action to take! Traders are not always long, nor are they always short. Traders always change with the changes in the market! Traders must have their own defense system to control risks! Risk control and fund management are must-haves in your trading!

The above content is all about "[XM Foreign Exchange Market Analysis]: 2.11 gold fluctuated widely as expected, selling high and buying low during the day and waiting for the break". 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!

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2.11 Gold fluctuated widely as expected, selling high and buying low during the day, waiting for the breakout

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