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Tonight, the gold 3300 is a feng shui hurdle, if you break through and stand firm, you will see the reversal
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Hello everyone, today XM Foreign Exchange will bring you "[XM Foreign Exchange Market Review]: Tonight, the gold 3300 will be a feng shui hurdle, if you break through and stand firm, you will see the reversal." Hope it will be helpful to you! The original content is as follows:
Zheng's silver point: Tonight, gold 3300 is a feng shui hill, break through and stand firmly and see a reversal
Review yesterday's market trend and technical points:
First, in terms of gold: Yesterday morning, welcoming a rare continuous wave of small positive V pull-up. When the 10-point closes to a full big positive, and re-enter the short-term channel, it will be prompted to follow and see The rise rose, and rose to the high point of the 3315 line; the European session fell back and confirmed that the hourly line mid-track 3294 continued to be bullish, and then rose to the 3311 line again, with sufficient profit space in the short term; the US session fell back again to confirm that the hourly line mid-track was bullish, but the price was not consolidated for two or three hours, which prompted to maintain the capital and adjust the position;
Second, silver: Yesterday, it was basically seen the show, and when the European session broke the overnight low point, it was believed that the US The market trend will still be relatively weak, or there may be secondary pressure, but it is not recommended to chase down the decline, because the 36.2 position is the 786 split support, and it finally supports 36.2, and the bottom range has been consolidated;
Third, in terms of crude oil: Yesterday, relying on the previous day's low, it continued to be bullish, and tested in batches in advance, but the overall rebound strength is not large for the time being, with a maximum of 69.5 line;
Interpretation of today's market analysis:
First, golden monthly line level: in July, it still closed at a long upper shadow K. A few consecutive long upper shadow K does not represent how much pressure is. The 5 moving average is still effectively supported. Only when the closing report is effectively lost to the 5-day distance below, then the monthly line may have some pullbacks to get closer to the 10 moving average. In this way, a small pullback in the large cycle will bring relatively large decline space to the medium and short term. But what we are seeing is that the 5 moving average is still favorable to support., so we have to wait for the closing line in August to see the overall strength of the second half of the year. As long as the closing of positive, medium or large positive in August is OK, then the unilateral trend will continue to strengthen in the second half of the year;
Second, the gold daily line level: From the 3438 round of suppression and downward correction, the continuity is indeed good. There was no decent oscillation and rebound in the middle, and it has been under pressure on the 5 moving average, but the strength is not large. Yesterday's research report specifically used numbers to explain the current decline, which is relatively high. Judging from the two waves in early May and mid-June, the amplitude is reduced again and again; therefore, the low point has been continuously moving upward for more than three months during the overall high consolidation; only if the breaking level falls below the low point of the last wave of unilateral rise, the daily line may face a gradual reversal of the short-term trend or a longer box consolidation will be brewed; not to mention that the weekly level still has key mid-track support for two years, and it is in the overall strong upward pattern in the medium term. Maintaining good is not just a simple rise, but a strong stage in the rise; then these days have been suppressing the downward adjustment of the 5-day moving average, so once one day breaks through and stands above the 5-day, it means that the suppression in these days is over and turns to rise, and there is a chance to repeatedly test the 3400 and the upper pressure level. There may be a new convergence triangle that has been switched to. After all, the previous triangle corresponds to the upper track 3420, and the lower track 3327 also breaks. Take a step. One step; let’s see if the Big Non-agricultural Group can break through to the 5th day tonight, bringing a K signal to stabilize;
Third, gold 4-hour level: This cycle is to continue to pay attention to two aspects, one is the middle track, and only if it breaks through to the stance, it can turn strong and pull up, get rid of weak suppression; the other is the MacD bottom divergence state, which will help the price bottoming out and pull up. Even if it is suppressed, it will be easy to quickly reverse back;
Fourth, golden hourly level: Today's overall amplitude of the Asian and European sessions is around 3280-3300. I fell down the morning and just touched the lower track of the yellow channel in the above figure 3281. Then here it is prompted to be bullish and successfully reached 3300; after a fall to 3285, the European session showed a stabilization signal again, and continued to be bullish, and then successfully rose to 3303; then we should wait for non-agricultural market, and the fluctuations will not be too large; if the price is above 3300 before the announcement, and even continues to break a new high, then it is likely that it is more favorable. Every time this year, small non-agricultural and large non-agricultural are reversed. This time, small non-agricultural and large non-agricultural are bearish. Is there a lot of benefits to the big non-agricultural market? Of course, we cannot rely on data. We are all guessing and judging by fate. For example, breaking through to stand at 3300 is also the daily 5-day resistance, which tends to rise further, and even gradually stabilize in the short term. To break through the upper track of the white channel in the chart 3320-25, then 3268 is basically the short-term bottom, step by step; tonight, we will hold the middle track of the hourly line and continue to be bullish. The upper resistance of 3320-25 is the key. If we break through, we will go to 3340.-50 Go to see it; if it repeatedly falls behind the middle track, then the support below will focus on the gains and losses of the lower track of the yellow channel; that is, the choice of directly rising, or to bottom out and then rise;
Silver: The short-term macd divergence is also quite serious, with support of 36.2. If it touches it or breaks down, it is easy to bottom out and pull up; if it directly pulls up, pay attention to the upper track of the channel at 37.2. Only by breaking through and standing on it can you end the weak decline and turn to a short-term rise;
Crude oil: Judging from today's trend, there are signs of falling breaking in the low point in the previous two days. The hourly line has been under pressure for 69.5 many times, and if it falls behind the 66th day, it is possible to test the annual moving average, so there is room for decline in the short term; observe temporarily tonight and pay attention to the gains and losses of the resistance of 69.5. Only by breaking through and standing on it can you return to a strong upward rush in the short term, while losing 68.4 effectively downward will point to the probability of 67 first line;
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 more than 12 hours a day for more than 12 hours a day. Technical points will be disclosed every day. In conjunction with text and video interpretation, friends who want to learn can www.xm-forex.compare and reference based on actual trends; those who recognize ideas can refer to operations, lead defense well, risk control first; those who do not agree should just be floating by; thank everyone for their support and attention;
[The article views are for reference only. Investment is risky. You should be cautious in entering the market, operate rationally, 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! 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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