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The golden daily line is yin and yang cycle switching, and you have to sort out and compete before the holiday, ;;
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Hello everyone, today XM Foreign Exchange will bring you "[XM Foreign Exchange Market Review]: The golden daily line yin and yang cycle switches, and you still have to sort out and www.xmserving.compete before the holiday, ;;". Hope it will be helpful to you! The original content is as follows:
Zheng's silver point: The golden daily line yin and yang cycle switches, and there is still a need to sort out and www.xmserving.compete before the holiday
Review yesterday's market trend and technical points:
First, in terms of gold: Yesterday's Asian session fell sharply, and the European session maintained a weak bottom consolidation, but the US session was hit by the risk aversion news, and directly counterattacked the big V to hit the day's high and washed the market in a wide range; therefore, the US session is not the same Small bands, short-term, and the layout failed, giving up some of the profits last Friday;
Second, silver: Yesterday was in line with the research report ideas, and it maintained a volatile consolidation between 32.7-33.3;
Interpretation of today's market analysis:
First, gold daily level: originally from last week's operating range 3380-3260, it has gradually moved down to 3260-3330, but last night's A wave of counterattack has returned to a wide range of operations in the large range; and, in the form of yin and yang cycles, it changes every day, which makes it difficult for the days to continue during the day; today's short-term 5-day moving average is obviously dead crossing the 10-day moving average, but at the opening, the price is above the 5-day, which is a typical price divergence, so it was pointed out that under 3342, it was first seen that a wave of decline will first fall down; it is currently showing a small negative, and it is expected that it may repeatedly close a small negative with a long lower shadow. The way to move around Yin and Yang; before the holiday, you may not be able to get out of this range; but during the holiday, this deadlock should be broken; the perfect deduction script trend still tends to first sell down and lure a wave, touch 3228, or pierce the middle track, touch 3200, 3175 and other stability before counterattacking, welcoming a new round of unilateral trend rise, impacting 3550; therefore, during the holiday, we will still be patiently waiting for the opportunity to bottom out. The market has been bottom out many times in the early stage, and basically all of them have been successful.Win, each wave of $100+, if you can grasp one wave, you can struggle less with N-wave short-term; the two-pronged approach of band + short-term is the best way to quickly increase profits and effectively obtain risk control management;
Second, gold 4-hour level: From the above figure, the current convergence triangle is being consolidated, the high point gradually moves down, and the low point gradually moves up, and when the space cannot expand again, you will get a breakthrough in a certain direction. Currently, the upper track is at 3344 and the lower track is at 3273. It may not be able to www.xmserving.completely touch the upper and lower tracks, but when they are close to them, there is a certain support or pressure performance; now the key middle track is lost again, under pressure 3315, and there is still a chance to go down to get closer to the lower track tonight;
Second, gold hourly line level: The Asian session trend has been relatively smooth in the past few days, and continues Better, once it reaches the European session, it will be volatile and volatile. The current 3323 line is tonight's Fengshui. If you can bear pressure here, there will be room for a second downward trend, supporting 3294-3284. In addition, 3305-03 also has certain support, which belongs to the 618 division position that pulled up and fell back last night; if the US market first rose below 3323, then look at the second downward trend; if the decline first hits 3294-3284 and stabilizes, try to see the rebound upward trend and continue to treat it as a fluctuation; when a sharp sell-off occurs, wait for the several positions mentioned in the daily line to stabilize the bottom;
In terms of silver: silver is relatively resistant to declines, which may also pave the way for the future market to make up for the rise. Once gold starts to rise, silver may rise more vigorously; the daily line sticks to the 10 moving average, and it will fluctuate and bullish above 32.95 tonight, with resistance of 33.35 and 33.65; if you cannot hold on to 32.95, there will be strong support above 32 below, and it will also fluctuate and bullish when it is low;
In terms of crude oil: crude oil has signs of breaking downward. Pay attention to the decline when the price is high. 2 tonight;
The above are several points of the author's technical analysis. As a reference, it is also the summary of technical experience accumulated by the market and reviewing 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.xmserving.compare and refer to the actual trends. Those who agree with ideas can refer to operations, lead defense well, and risk control first; those who do not agree should just be drifted by; thank everyone for their support and attention;
[The article views are for reference only. Investment is risky. You must be cautious, rationally operate, strictly set losses, control positions, risk control first, and you will be responsible for your own profits and losses]
Contributor: Zheng's Dianyin
Watch for more than 12 hours a dayPan Research has been persisted for ten years, and detailed technical interpretations are made public on the entire network, serving to the end with sincerity, sincerity, perseverance and wholeheartedness! www.xmserving.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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