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Gold is still in a volatile downward adjustment, pay attention to 3360-3300
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Hello everyone, today XM Foreign Exchange will bring you "[XM Foreign Exchange Platform]: Gold is still in a volatile downward adjustment, pay attention to 3360-3300". Hope it will be helpful to you! The original content is as follows:
Zheng's silver point: Gold is still in a volatile downward adjustment, pay attention to 3360-3300
Review yesterday's market trend and technical points:
First, in terms of gold: Yesterday morning, it first pulled to 3375, and then rose to 3355 in the afternoon and took off to the starting point of 3355. The European session rebounded to 3366 and plunged again to 3341. Then it rose to 3358 and was under pressure, and the US market fell to 3330 low; the overall situation showed a volatile decline, and there were many confusions in the day. For example, after the big positive K rose, he did not dare to test the short position, but it finally fell after a few hours of consolidation. For example, the closing of the long lower shadow K seemed to have a signal of stabilization, but it ended up swallowing downwards; and every time it broke a new day low, it thought it would weaken, but suddenly pulled back quickly. This trend, as long as it lacks courage, is a little bit courageous. , the rhythm is not well grasped, because the continuity is too poor, basically the first time I touched is a good position. Once you confirm that this position is stable, then follow it, it becomes a trap because of the poor continuity. This is also a point that is difficult to do repeatedly, and the trend market will basically not be possible. The big yang and big yin will basically continue, and the long upper and lower shadow K will continue; yesterday's layout failed, giving up the profit of the previous day;
Second, silver: It also appeared yesterday A wave of continuous decline. When the US market fell below 38.2, it means that it will continue to lower the support to 37.8-37.7;
Today's market analysis and interpretation:
First, gold daily line level: Yesterday's closing negative and fell, directly extinguishing the volatile rebound of the previous two days. The closing still cannot stand on the 5 moving average, and it is still in a weak adjustment in the short term, but the 66-day moving average has not yet effectively broken down, and it cannot go down.It is impossible to get closer to the expected bottoming position of 3300 above the low; then it is still stalemate in the range of 3330-3380, and you need to continue to observe the gains and losses of the 5-day moving average. Once the closing on the 5-day trading day is above the 5-day, there is momentum to test the anti-pressure point of the old convergence triangle lower rail, moving up to 3380-85, and today the 5-moment resistance moves downward by 3343 line;
Second, gold 4-hour level: macd is below the zero axis, and there is a bottom divergence state. It is ready to reverse the price at any time. You can go and see. Before the short-term counter-compensation continued to rise, they were similar to the current macd pattern; it was nothing more than that it could diverge once, and it might take two or three times before it would suddenly rise; therefore, as long as the price dared to fall below 3330 and fell another wave, it would be a good time to ambush the bullish bull market at a low level, and it is also likely to be the next short-term low point. During the consolidation process of nearly four months, the low points are obviously gradually moving upward, and the end of the convergence triangle is gradually shrinking. One day, we will usher in a breakthrough in the large unilateral market, and patiently wait for the trend to return to the bulls;
Third, the golden hourly line level: originally continued to suppress and weaken overnight. I hope that the decline will continue to fall a small wave this morning. It is best to pierce the overnight low point. In that way, you can decisively rebound at a low level first; because the continuity in the morning is poor, and the macd will pull upward due to the bottom divergence. Unfortunately, it did not happen. 3322 ambush and wait for bullishness will not give you a chance; and when closing at 10 points, a long lower shadow anti-positive K is generally easy to continue to reverse upward. But seeing that the first resistance above is close, there is not much room for space, I am also worried that similar to yesterday's move. When a stable K appears, follow the bullish position, the entry position will definitely be higher than the low point of stable K, and it only rebounds for a few dollars, and falls into sideways suppression, or goes out of negative territory. At that time, it will be a little worried. Only by grasping the morning low, such as 3333 and 3332, then it will be no problem to hold it, but at that time it was still weak downward test and did not www.xmh100.come out. Solid K; therefore, the market in the past two days is to be bolder. Before stabilizing K, take action directly at a low level during the decline as soon as possible. This also has certain risks. If the decline fails to stop, the inertia will fall a little more and pierce and then pull up. Therefore, this is also the reason why it is relatively difficult to take action during the oscillation. You can only wait patiently for the range to expand, with a relatively strong pressure zone, or strong support before trying. You may wait for a long time, and you may not be given a day, but at least you are more at ease and try to wait as much as possible. In line with your market trend, try not to participate in the middle position during the oscillation process;
Tonight, follow the channel trend resistance line 3358-60 in the chart. This position is actually the oscillating central axis point of 3330-3380. If the rebound is under pressure here, it can fall when it is high and bearish. Once the hourly line closes positive and effectively stands at this position, you will give up the bearish; and the low bullish position is still several, 3322, 3314, 3308, 3300, concentrated 618 segmentation, early top-bottom conversion, channel lower track, etc.; as long as you dare to pull down, K should dare to be bullish, the lower the effect, the better, because the lower the effect will be more serious;
Silver: From the daily level upward channel, the strong support is the 37.2 line, and this position continues to be bullish; there may still be some support on 37.6, so you should also observe; the daily Fengshuished resistance is 38.1, once you break through to this position, you will gradually exert force upward;
Crude oil: The daily line closed well yesterday, and finally reached the 5 moving average. Then try to rebound bullishly today, and look at a preliminary correction of an oversold rebound; the 63.3 line as the top and bottom support, and can keep stabilizing this position, then look upward at 64.5. Only by breaking through and standing on it can you officially usher in an oversold rebound; on the contrary, if it surges and falls again today and closes below the 5th day, it will weaken again;
The above are several points of the author's technical analysis, as a reference, and it is also a summary of the technical experience accumulated by watching and reviewing the market for more than 12 hours a day in the past twelve years. Technical points will be disclosed every day. In conjunction with text and video interpretation, friends who want to learn can www.xmh100.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 over; thank everyone for their support and attention;
[The article views are for reference only. Investment is risky. You must 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.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]: Gold is still in a volatile downward adjustment, pay attention to 3360-3300", which 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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