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The bottom finishing prototype is still under construction, 4160-4030 is running
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Hello everyone, today XM Foreign Exchange will bring you "[XM Foreign Exchange]: The prototype of bottom consolidation is still under construction, 4160-4030 is running". Hope this helps you! The original content is as follows:
Zheng's Point Silver: The prototype of the bottom consolidation is still under construction, 4160-4030 runs
Reviewing yesterday's market trend and technical points:
First, gold: the rapid continued decline yesterday morning released overnight short strength, and early in the morning we knew that the continuity was poor, and it was easy to bottom out and pull up, and it rose to a high of 4161. The original resistance was to focus on 41 50 line, if it is suppressed, it will be at the bottom. At 15 o'clock, it just closed a Yang and broke through 4150. Last time, I stepped on the thunder. This time, I am more cautious. I need to wait for at least two consecutive Yang K's to appear before I can decide whether it is effective. As expected, the European market quickly dropped and reached the 4015 line before the US market. This position is the derived support point corresponding to the key trend line since the 3311 support. I also laid an ambush in advance and grabbed some meters; for the second time in the US market, I wanted to plan this position to continue the bullish rebound. , unfortunately only given to 4023;
Secondly, in terms of silver: Yesterday, the range of silver operation was in line with the 47.75 support and 48.5 resistance given, and it was also treated as a bottom shock;
Today's market analysis and interpretation:
First, the gold daily level: Yesterday, it stabilized on the mid-track and closed at a long lower shadow K. The 4004 low has temporarily stabilized. Whether it can effectively become the bottom of short-term correction still needs time. Continue to close further to confirm; generally speaking, if the mid-track has been stable for two or three days, the probability of stabilization will be greater, and the effective way to judge stabilization is to break through the 5 moving average again, and you need to wait patiently;
Second, the gold 4-hour level: there are multiple long shadows K at the bottom, and the support buying at 4004 is still relatively strong; currently, the 10 moving average has been broken, and if 4090 can be stabilized, it is expected to test 4150 on the 66th.Even close to the mid-orbit 4180;

Third, the golden hour line level: A wave of consecutive positive rebounds overnight pushed up. Today morning, we planned to step back on the 618 split support 4052 line to follow the bullish rebound. Unfortunately, we only gave it to 4066. In the afternoon, it rose to 4137 and fell back under pressure. Waiting for the positive to www.xmh100.come out at 17 o'clock means that today's European market is unlikely to see the European market yesterday. The pressure on the market has been strong, but it has fluctuated to resist the decline and move upward. Therefore, the 4100 line is planned to continue to stabilize and bullishly rebound. Unfortunately, the first wave only reaches 4101.5, and after canceling the plan, it just reached 4100 for the second time and then another wave to 4120. The trend in these two days does require a certain amount of luck and courage, otherwise the volatility will be Don't dare to take action when it suddenly becomes bigger, and the position of the amplitude is easily so small that you don't have the opportunity to enter the market; tonight, the European market is consolidating to resist the decline, and there is expected to be another wave of rise in the evening. Resistance should be paid attention to 4160-4165 to see if it can bear pressure near yesterday's high. The support is currently 4090-4100, the sideways position of the European market, and the mid-rail, strong support It is the lower track of bottom consolidation, which is also the key purple trend line mentioned yesterday, moving up to 4030; therefore, the large range is locked at 4165-4030, and the central axis is focused on 4090-4100. When 4160-65 is broken through and effectively stands on it, the short-term bottom will be established;

The same is true for silver. It is in the embryonic form of bottom consolidation. From the perspective of the channel, the key pressure above is 49.8, the key support below is 48, and the central axis is 48.5. Treat it with shock, and then wait for the signal to break through; if it breaks above 49.8, the short-term bottom will also appear, and the market outlook will gradually move upward;

Crude oil: Due to sanctions in the past two days, oil prices have risen in the short term. When it breaks through the hourly annual moving average, it means that there will be continued upward momentum; from the channel in the chart, it is still downward, with the upper track of 64.3. Today, the Asian and European markets continue to rise. The retracement action before and after the US market can be bullish for the second time. Pay attention to finding a position above 58.5 to stabilize and see a rebound;
The above are several views of the author's technical analysis, as reference The exam is also a summary of the technical experience accumulated from watching and reviewing the market for more than 12 hours a day for more than 12 hours a day. The technical points will be disclosed every day, and www.xmh100.combined with text and video interpretation, friends who want to learn can www.xmh100.compare and reference based on the actual trend; those who agree with the idea can refer to the operation, take good defense, and risk control first; those who do not agree, just ignore it; thank you for your support and attention;
[The opinions of the article are for reference only, investment is risky, enterThe market needs to be cautious, operate rationally, strictly set losses, control positions, put risk control first, and be responsible for profits and losses]
Written by: Zheng Shi Dian Yin
We have been reading and researching the market for more than 12 hours a day for ten years. Detailed technical interpretations are made public on the entire network, and we will serve with sincerity, dedication, sincerity, perseverance, and wholeheartedness to the end! Write www.xmh100.comments on major financial websites! Proficient in K-line rules, channel rules, time rules, moving average rules, segmentation rules, and top-bottom rules; student cooperation registration hotline - WeChat: zdf289984986
The above content is about "[XM Foreign Exchange]: The prototype of bottom sorting is still under construction, 4160-4030 runs". It is carefully www.xmh100.compiled 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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