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Gold unilateral pullback has started, and it continues to rise above 3463 tonight
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Hello everyone, today XM Foreign Exchange will bring you "[XM Foreign Exchange Market Analysis]: The unilateral pull-up of gold has started, and it will continue to be bullish tonight above 3463." Hope it will be helpful to you! The original content is as follows:
Zheng's silver point: Gold unilateral pull-up has started, and it will continue to be bullish tonight above 3463
Review last Friday's market trend and technical points:
First, in terms of gold: The research reports given every day from Monday to Thursday are bullish all the way, and all are in line with the pull-up and breaking through highs all the way; and last Friday considering that the monthly line ended just now, because from April to July, every The next time to the end of the month, it is always easy to rise and fall, and the closing report is the long-term K. I am worried that August will be in a cycle, so I will not be in a hurry to be bullish during the day. Then refer to the recent 4-month daily line trend cycle, there may be a second fluctuation and fall before I can pull up and strengthen again; every time the Asian session is suppressed and declined, this will remain unchanged. After the afternoon, 3412 followed the short-term decline. Due to the release of important data in the US market, it reduced its holdings at the 3404 line and moved its defense down to the European high point. 3415; However, the PCE data released in the US market meets expectations and does not exceed expectations. The market interprets that it will not affect the interest rate cut in September, so that the gold price will stabilize at 3404, and continue to rise. After breaking through 3415, we cannot blindly test bearishness, especially breaking through 3425 to converge the upper track of the triangle, and we must give up bearishness. At night, it is very likely that gold will end the consolidation period for the past four months, return to the bull market and rise, and start a one-sided rise. 2735, 2753, 3000, 3247, 3281 and other medium- and long-term bottom positions have been held. Today, we have indeed ushered in a significant unilateral increase, and the trend profit has suddenly increased;
Second, on silver: Because we were worried that it might have a circular pullback on Friday, silver's short-term 38.9 also followed the pullback, and only gave it to 38.7. It is planned to stabilize at 38.5 and then go backhand to bullish, but did not give it a chance.In the end, the US market rebounded and broke through 39.1 and was eliminated, and it rose to nearly 40 mark. Today, another wave of pull-up continued. The bottom long position that had been held at the low level in the first two weeks of 36.65 will rapidly expand profits and achieve the effect of banding;
Today's market analysis and interpretation:
First, the golden monthly line level: From April to July, it closed for four consecutive months for four consecutive months. Most people think this is the reason for the peak. Some people who make deposits, physical goods, and internal trading have also suffered for several months. They were scared away and got off the car. As a result, they closed directly in August that the full reverse-back K was full. If they wanted to get on the car at a low level, they basically had no chance. In the previous weekly videos, they have always emphasized that the so-called "see" What is the trend pattern of the top? It is usually accelerating and the type that immediately reverses the negative. It will not allow you to rise and fall several times repeatedly, giving you the opportunity to escape multiple times. How can you trap the high-level long position? On the contrary, this will greatly tempt many people to go to the so-called high and short position, and then directly pull up the big positive, and may continue to attack continuously in September, so that most short positions can be www.xmniubi.completely trapped. Once the 3500 historical high is broken, there will be a large number of short positions stop loss, and the market will further unilaterally rise strongly; therefore, the monthly line will continue to maintain a strong bullish trend in the long term, and as long as the 5 moving average is not effectively lost, it will not be adjusted;
Second, the gold daily line level: continue last Friday Close the positive, and the big positive effectively breaks through the upper track of the convergence triangle, which means that the 4-month revision correction period has basically www.xmniubi.come to an end, and the unilateral trend will rise this week; and the consolidation time is longer, the greater the sustainability of this round of unilateral pull-up, the longer the time will be. Don’t guess the top, 3500 will break through sooner or later; in the future, just focus on the 5 moving average, and support at most 10 moving averages, and look forward to the bullish all the way, only long and not short; just pay attention to one thing, if the pull-up is too fast and the short-term moving average cannot follow, you will slowly wait for the moving average to move up through high-level consolidation. This consolidation is also strong, and it is difficult to experience a sharp decline. Generally, it is sideways or a slight fluctuation downward to repair. Positive; when the moving average moves upward, it will continue to unilaterally break the new high; today's corresponding 5 moving average is at the 3424 line, obviously it will not be tested. If it continues to push up significantly tomorrow, then you must be careful that the price will seriously break away from the short-term moving average, and some short-term surges and falls brought about, and then continue to attack after consolidation for a few days;
Third, gold 4-hour level: Once a unilateral trend rises, it will be difficult for the 10 moving average in this cycle to lose, and it will keep up above the 5 moving average, pierce the 5 moving average at most, stabilize above the 10th day and continue to pull up; the morning low point 3436 just touches the 5 moving average, which is actually somewhat ignored;
Fourth, Golden Hourline Level: Refer to the weekly video, touched two positions this morning, morning lows of 3442-40, and 3435-30 can continue to be bullish; after the opening of the market hit 3442 in the morning, it immediately pulled up to 3452, and then fell to 3442-40 for the second time. They may want to wait for the conservative second support 3435-30 to continue to be bullish, but the result is only given to 3437 and immediately pull up. No matter what, the bullish idea given by the video is in line with the highest impact on the 3490 line in the European session, and then expand the sideways in the high range; one thing to understand: for some rules of the unilateral trend movement, it will not have too much pullback force, generally at most 50% of the segment position, and most 382 segment positions stabilize again, and this high-level strong sideways is also a signal to maintain a single-sided pull-up; the 382 segment position is 3469, and the 50 segment position is 3463. The two positions of the card continue to be bullish, with the last big positive As a short-term defense, K's low point is just a little below the 618 segment support, because if you go to 618, the pullback will be too strong and it is easy to enter a fluctuation. Since you look at the unilateral trend, don't wait for too many reversals. Be brave and continue to bullish. Take the brakes well and there is nothing to worry about. Go up again, there is only one resistance at 3490-3500. Once you pass 3500, it may accelerate to rush for dozens of meters, and then rush back and fall to fluctuate, waiting for the daily short-term moving average to follow the upward movement; in short, every time there is a surge and fall, it is an opportunity for the low to follow the trend. In a unilateral market, the principle of only long and not short remains unchanged. Although there may be some pullbacks at the resistance level, don't think about grabbing it. If you want to eat long and short, this will often eventually make you lose your original direction and disrupt the rhythm;
Silver: its unilateral pull-up force is stronger, the monthly level has reached the 40.7 line split target, and then up is the upper track of the upward channel 41.8-42 line, and the long-term bullish wait will continue; the weekly line breaks through the upper track of the channel at this time, and see the pattern of this week to finally confirm whether it is a strong attack and pull up; the daily level also directly breaks through the upper track of the short-term channel today, so this position becomes a certain top-bottom support; www.xmniubi.combined with the hourly line chart in the figure, the support of the European session is 40.4, and the low point in the afternoon is 40.2. To stabilize this range tonight, continue to look at the strong pull-up. The 40 mark is instead used as a relative defense, and the target resistance is first tried to look at the 41 line;
Crude oil: The short-term support mentioned in the weekly video is 63.8, and then observe which side of the daily middle track and the 10 moving average is effective to follow; at present, the daily support 63.8 showed a wave of pull-up, and at this time, the daily line is stable at the middle track and a big positive appeared. Once today closes, it is similar to the big positive full K, then it will tend to rebound upward to repair the previous big drop from tomorrow;
The above is the author's technologySeveral points of analysis are also the summary of technical experience accumulated over 12 hours of daily market monitoring and review over the past 12 hours in the past 12 years. Technical points are disclosed every day, and those who want to learn can www.xmniubi.compare and refer to them based on the actual trends; those who recognize 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 views of the article are for reference only. Investment is risky, and you must be cautious when 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 markets for more than 12 hours a day, persist for ten years, and detailed technical interpretations are disclosed on the entire network, serving the whole network with sincerity, sincerity, perseverance and wholeheartedness! www.xmniubi.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 Market Analysis]: Gold unilateral pull-up has started, and it will continue to be bullish tonight" is carefully www.xmniubi.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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