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The holiday is coming, the internal market is closed, and gold is about to fall
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Hello everyone, today XM Foreign Exchange will bring you "[XM Foreign Exchange]: The holiday is www.xm-forex.coming, the internal trading is closed, and gold is ready to fall." Hope it will be helpful to you! The original content is as follows:
Zheng's silver point: The holiday is www.xm-forex.coming, the internal trading is closed, and gold is about to fall.
Review yesterday's market trend and technical points:
First, gold: Yesterday's morning opening was directly under pressure and continuous negative. When the 10-point opening was still rising and falling, and the 15-minute level fell below the middle track, it was pointed out that 3342 down and 3334 down can be put down first; it was successfully down in the afternoon and was still continuous negative, so the European session originally planned to rebound 3223 and continue to bearish resistance, but it broke through the middle track for 15 minutes at that time, so I continued to observe. As a result, I kept stuck in the middle track and hovering, 3316 in advance to test the bearish, and then pulled up one wave to 3323 again, fluctuating for a long time. Due to the poor position, I fell back and adjusted my position, and it was still a sign of The www.xm-forex.combined decline further and reached a low of 3300;
Second, silver: Yesterday was basically still in the range of 32.7-33.3. However, since gold and silver were not synchronized in the past few days, try not to participate in silver, wait for the later synchronization before layout;
Third, crude oil: Yesterday pointed out that the daily line had a downward breaking channel and the lower track, which continued to weaken in the short term, and the rebound correction ended;
Today's market analysis and interpretation:
First, gold daily line level: It has been five trading days since the consolidation in the wide box range recently. The yin and yang cycle switch was carried out, with 3260 supporting and 3370 under pressure, and the waiting possibility is to choose a breakthrough during the May Day holiday; it is still inclined to sell downward to effectively stabilize in the short term and return to the bullish trend; the so-called "no breaking, no establishment, breaking, and then standing." However, the sideways support at the bottom of 3260-3270 did not effectively break and loseKeep ahead, don’t rush to chase the decline. Although the European session fell apart today, it is facing another test of key support areas, but it is expected that it may be repeated again, because the GDP and other data released tonight are not very beneficial to the US dollar and will support the gold price; once it still closes today, the long shadow K, then starting May Day, you must first find a relatively high position to ambush a wave of bearishness, and then sell it down a wave, pay attention to 3228-3200-3175. The limit theory will not fall below 3167. After the bottom is stable, then speculate on the bottom. No matter whether it is long or short, you must bring the brakes well and be careful not to stop the car; and during the oscillation and consolidation process in recent days, the high point is Gradually move downward, from 3370 double top line, down to 3350 double top line, and today down to 3330 line, so if you can pull back to 3330 down, you can try to bearish when you are at a high of 3330, and prepare for tomorrow and the day after tomorrow;
Second, gold 4-hour level: Yesterday was hovering at the middle track line almost one day, closing at 18 o'clock, a large negative calculation effectively lost to the middle track. The pressure level confirmed by the rebound tonight is 3300 line, the top and bottom position is also the middle track reverse pressure point, and then up is the 66-day moving average 3330 line, and the support is obvious 3270-3260 to see the gains and losses;
Third, golden hourly line level: From the above chart, the current price is still in a convergence triangle consolidation. The European market broke through and fell, and it was effective to fall at the overnight 3300 mark, and it has reached the lower triangle track position; for the upper and lower tracks of key standard channels, it is worth trying. Although the technically effective stabilization K has not yet been released, that is, to test whether the lower channel can stick to it; if you can defend the lower track of the triangle channel tonight, then you can confirm the top and bottom pressure of the 3300 line, and then try the high bearish oscillation. The limit is 3320-3330, the 6118 resistance, and the upper track of the triangle channel can be bearish when it is high;
In terms of silver: silver is currently maintaining box consolidation, with a key support of 32. Today, it breaks the hourly annual moving average, so it will become a counter-pressure below 32.9-33. Pay attention to the oscillation treatment within this range;
Crude oil: Tonight, the daily 5 moving average is 61.5 resistance, and the high continues to bearish, with support of 57.8;
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 and review for more than 12 hours a day in the past twelve years. Technical points will be disclosed every day, and text and video interpretations. Friends who want to learn can www.xm-forex.compare and refer to them based on the actual trend; those who recognize ideas can refer to operations, lead defense well, and risk control first; those who do not recognize themJust pretend to be floating by; 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, 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, persisting for ten years, and detailed technical interpretations are made public on the entire network, serving the whole network with sincerity, sincerity, perseverance and wholeheartedness! www.xm-forex.comments 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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