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Gold is still weak, and "more" needs to be waited!
Wonderful introduction:
Walk out of the thorns, there is a bright road covered with flowers; when you reach the top of the mountain, you will see the cloudy mountain scenery like green clouds. In this world, a star falls and cannot dim the starry sky, a flower withers and cannot desolate the whole spring.
Hello everyone, today XM Forex will bring you "[XM Group]: Gold is still weak, "more" needs to be waited!". Hope it will be helpful to you! The original content is as follows:
When traveling to a city, the summer vacation is over.
The last time Hefei happened 7 years ago. When the industry was at its peak, seven or eight years have passed in a flash. I have met many people these times, all of which are the stories of the past and the current ones.
The next city, August 2, Hefei, the time node is also August, and it is time for gold to be cleared.
Is it more or more? Let’s discuss it together (contact customer service to ask for the meeting address and time)!
See transactions, life, self, friends, and ultimately, they are all magic wands that break the mind!
The birth subsidy has been really implemented this time and will be implemented from January 1, 2025. The timetable of birth subsidy has been released in detail, which is very clear.
But these two problems: 1. Too little, only 3,600 yuan a year. According to the 10 million birth population, the total amount is very large, but there are very few individuals. The current fertility cost can only be said to be free and not taken without, but relying solely on 3,600 yuan to alleviate the fertility problem is an international joke. According to the multiple of experts, this number can leverage the consumption of the market by leveraging 10 times. Is it really possible? I would like to ask if young people have children because of these 3600?
I participated in the national subsidy, and it was really slow. The car subsidy I applied for in May has not been implemented yet. It is immediately 3 months. Although the process is not tedious, the time period is really long. It is okay to cheat a car subsidy once, but having a baby will last for a lifetime. You can't play like this.
But no matter what, the policy is a big favor. At least we are paying attention to this area, but the strength is not enough. If the population continues to be sluggish, then more of it will www.xmserving.come from the stimulus means.
Good morning, in front of the screenLook at the heavy rains in Inner Mongolia, Beijing, Lanzhou and other places, it has really not stopped in recent years. In the past, I knew that muddy water flooded the city. The news might be that the news was not developed enough, but now there are too many rhythms. At least 10 places will be affected by disasters a year. In the face of natural disasters, human beings are small. If you live in the world, you should take it lightly, and life is just that!
In terms of gold, there are four reasons, three key points:
1. The problem of tariffs will be resolved in the short term and will continue in the long term.
2. Geographical conflicts will not ease (Russia and Ukraine, Middle East)...
3. Trump's various policies benefit the United States, but the market will hedge risks and benefit gold, and the golden sentences will be frequent, and the fluctuations will have a great impact.
4. Four tests are 3400 at the top of the line. The more times you test, the smaller the resistance. If you go up, the probability of breaking the high is high.
In terms of gold, the daily line is 4 consecutively. Someone asked yesterday that it shouldn’t be a bad gold to reach a trade negotiation in Europe and the United States?
15%+600 billion www.xmserving.commodities are imported, but the 15% tariff will leverage the inflation rate, which is definitely not a bad gold in the long run.
And another point, the 100-day moving average that has been emphasized, will soon arrive.
Now the 100-day moving average is only at the 3260 line. The double bottom is 3245. As time goes by, this point is still rising. The 100-day moving average retraces, and the future is promising.
The daily cross is still weak at present, one is the decline of the US market, and the other is the power to pull back.
And the current trend will be difficult to become stronger without breaking through the watershed.
If the weak do not break the watershed, they will still not provoke the bulls. Wait quietly.
The decline the previous day and the continued on the second day, three points to pay attention to:
1, the top of the hourly line big negative line.
2, the high point of rebound in the early morning.
3, Golden Section 382 Position.
Because the point of rebounding in the early morning is 3320, it retreats after touching in the morning and does not reach the top of the big negative line, and currently forms a 3321 watershed.
The European session is still the key, and suppressing the sideways is still weak.
But in terms of operation, we are waiting for low long this wave and not continuing the shorts, so the meaning of doing this is not much.
1. The European session is waiting and watching, and the US session will continue to suppress 3321 during the day.
2, the low point watershed 3302, the European session breaks the bottom, and the US rebounds before the session will be short.
3. Even if the European session breaks through 3321, it will only oscillate and pull back. The double tops and 618 positions above can participate in short short positions. 3328-29.
4, breaking 3300, support level 3282-85, double bottom position in the early stage. This bitcan participate in long positions.
Otherwise, do not intervene.
The above content is all about "【XM Group】: Gold is still weak, "more" needs to be waited!". It was carefully www.xmserving.compiled and edited by the editor of XM Forex. I hope it will be helpful to your trading! Thanks for the support!
Due to the author's limited ability and time constraints, some content in the article still needs to be discussed and studied in depth. Therefore, in the future, the author will conduct extended research and discussion on the following issues:
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