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Tonight, the key to deciding the interest rate cut in July is to lower the price still bullish, ;;
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Hello everyone, today XM Foreign Exchange will bring you "[XM Foreign Exchange Platform]: Tonight's non-farm rate cut, the key to deciding the interest rate cut in July, and the lowering is still bullish, ;;". Hope it will be helpful to you! The original content is as follows:
Zheng's silver point: Tonight's non-agricultural market, the key to deciding the interest rate cut in July, and it is still bullish when it lowers.
Review yesterday's market trend and technical points:
First, gold: Yesterday's main idea is to fall back and confirm the upper rail support node 3330 of the decline channel last week, mainly to stabilize and bullish. Intraday, Asian and European sessions 3335, 3333, 3333 0 are all falling back and bullish, successfully pulling up 3345 to the high resistance; and after breaking through the 3345 resistance, it stands up, and then the retracement confirms that it will continue to follow the bullish, but unfortunately the continuity is poor, and it punctures and sweeps, and then it quietly pulls up and breaks the high in the second half of the night; the overall idea is correct to focus on bullish, but it is not easy to move;
Second, silver: Yesterday pointed out that the support on 35.7 continues to be bullish, and the resistance is 36 .4. 36.8. Today is basically all achieved;
Interpretation of today's market analysis:
First, gold daily line level: yesterday continued to close positive, slightly on the middle track, stabilized at the 10 moving average, then from a pattern perspective, it will continue to rise and bullish today; tonight's non-agricultural data is more important for the short-term future market; once it meets the weak ADP data last night, then the interest rate cut in July will start, and the gold price will be in place Take off and attack above 3400; if the data does not conform to ADP and is unexpectedly strong, it will suppress the gold price and may continue to fluctuate. A second low point will be lowered downward to stabilize the bottom; the current 10 moving average supports 3334 line, 5 moving average supports 3323 line, and the middle track is still 3350 line. Pay attention to the gains and losses of the closing, and can close and stabilize the short-term 5-day and 10-day, and continue to stand on the middle track upward, then it will basically be furtherOn the contrary, if the short-term moving average falls downward for 5 days, you have to hit a second low point, and then pay attention to the 618 or 786 segment support; overall, as long as the price is lower, it will still remain low and bullish;
Second, gold 4-hour level: short-term moving averages are densely bonded, the middle track support moves upward at 3327 yesterday's low point, the 10 moving average position has not yet been effectively lost, but the long-term momentum of the macd bulls has decayed. From a morphological perspective, it tends to bottom out and pull up relatively mildly;
Third, golden hourly line level: From the distribution of channels in the figure above, the focus is on the gains and losses of the upper and lower rails of the yellow intraday small channel. The current upper rail pressure is 3370-74, which is exactly the 618 division resistance of 3452-3247 pullback; the lower rail support is 3335-34, which is also the annual moving average support; if it breaks through the upper rail, it points to the next pressure point 3395-3400; if it breaks down from the lower rail, it will move closer to the upper rail support 3313 line of the green down channel, as long as it does not return to the green channel, Then there will be no second bottoming out, and you will try to be bullish when you push down and stabilize. Tonight, it is just to look at the guidance of non-agricultural data. If the profit is too high, basically 3335-34 will not be lost, and it is easy to break through the upper track 3370-74 upwards; if it is unexpectedly negative, you may test 3313 up, or even hit a second low point, which will gradually rise at about 3292-3272; so, patiently wait for the signal of falling stabilization and go to bullish, either directly pull up from 3334-35; or you will fall down and pull up again;
Silver: During the European session, a good pull-up occurred. It has been effective since the recent bullishness. From the perspective of channel distribution, strong support is still the intraday low of 36.3. This position continues to wait for stability and bullishness, with a resistance of 37.07, with a certain upper rail suppression, if you break through, you will look at the previous high of 37.35;
In terms of crude oil: the bottom consolidation channel has a certain upward break. Today, you can try to follow and see a rebound, that is, the 66-66.2 line, the resistance target is 67.5, and the breakthrough will be gradually repaired to 69-70;
The above are several points of the author's technical analysis. As a reference, it is also the summary of the technical experience accumulated by the market watching and reviewing for more than 12 hours a day in the past twelve years. Technical points will be disclosed every day, and the text and video interpretations are interpreted. Friends who want to learn can www.xmh100.compare and refer to it based on the actual trend. Those who recognize ideas can refer to the operation, lead the defense well, and risk control first; those who do not recognize them should just float by; thank you for your support andAttention;
【The views of the article are for reference only, investment is risky, and 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
After reading and research for more than 12 hours a day, persisting for ten years, detailed technical interpretations are made public on the entire network, and serve the wholeheartedly, with sincerity, sincerity, perseverance and wholeheartedly! www.xmh100.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
The above content is about "[XM Foreign Exchange Platform]: Tonight's non-farm rate cut, the key to deciding to July's interest rate cut, it is still bullish, ;;" is carefully www.xmh100.compiled and edited by the XM Foreign Exchange editor. I hope it will be helpful to your trading! Thanks for the support!
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