Trusted by over 15 Million Traders
The Most Awarded Broker
for a Reason
CATEGORIES
News
- USD/JPY tipping point for script reversal
- The euro is fluctuating, the Fed is "hawkish", can tonight's inflation data be a
- Dollar weakens on awaiting delayed data, BoE easing hopes
- Long and short crosses intertwined, gold and silver consolidated and extended lo
- Gold 4040 support fluctuates and rebounds, pay attention to the 4063 node suppor
market news
US-Iran armistice, gold rises to $4,800 again!
Wonderful introduction:
If the sea loses the rolling of huge waves, it will lose its majesty; if the desert loses the wild dance of flying sand, it will lose its magnificence; if life loses its true course, it will lose its meaning.
Hello everyone, today XM Forex will bring you "[XM Forex]: The US-Iran ceasefire, gold rises to US$4,800!". Hope this helps you! The original content is as follows:
I am often asked, what to talk about? The question is whether I am suitable or not.
In fact, change starts with oneself. Finance is a very special thing. If you don’t understand it and want to get profits and results, this is a fantasy.
Making money is like a layer of window paper. If you can’t pierce it, it will be difficult to make money. If you pierce it, it will be easy to make money.
Logic, logic, no matter how much I talk about it, I won’t learn much and it’s useless. What I want is to open a window and a new understanding for you!
This is our first time to go to Taiyuan. After so many years, it seems that Shanxi is the only place where we have not given lectures. We are lucky enough to take a walk this time.
The problem with trading is logic and system. If you don’t understand these two, it will be difficult to make a profit!
Everyone thinks it’s about the K-line, but that’s an afterthought, the focus is still on logic.
See you in Taiyuan on April 11th.
Just sign up for consultation in the introduction column
Gold has reached US$4,800 and has risen again. There are two main reasons:
1. The central bank has increased gold reserves for 17 consecutive months. Last month, it increased by 4.98 tons, which was 5 times the previous amount. Look at the central bank’s actions. Is it buying when there is a sharp decline? Buy small when prices rise? Have you figured out the logic?
2. The United States and Iran negotiated a two-week ceasefire, and both sides actually agreed. Crude oil fell by 10%, and gold also rose by $130.
This news stimulus has become the culprit of this rise, but there is one thing, do you remember: We emphasized on Monday that we should not just rebound to the top just because of the previous decline. In the shock, the Yin and Yang lines interchange, and do not rush to determine the trend, and do not change the direction just because of the logic of Yin.
Yesterday was veryUnfortunately, use the watershed principle and the 618 principle in the shock. Let's take a look at the three 618 positions that appear.
1. It fell below the low of the previous day in the morning, emphasizing that the decline will continue. From 4664-4618, it rebounded 618 to the 4650 line, and the market rebounded and went through a double top to suppress the retracement, the lowest was 4623, and the decline was not enough. Then the European market rose and broke higher.
2. After rebounding from 4695, it fell to 4629. We believe that the previous rise was a washout of short positions. This drop occurred before the US market, so the US market was shorted twice. The 618 position was at the 4670 line, which happened to be the highest point of the US market's backlash. The gold price fell back to the 4610 line again.
3. In the range of 4554-4706, the 618 position is at 4613, which became the low point corrected yesterday evening.
Some people said that the Yin was confiscated yesterday.
1. It emphasizes the watershed. It will not weaken until it breaks the low of 4600, and it is still in the range.
2. It rose in the early morning. It is expected to continue to rebound on the second day, with a high probability of 80%.
3. The ceasefire agreement at 7 a.m. directly pushed gold up by more than 100 US dollars. This sudden change has nothing to do with technical conditions.
I have always emphasized that to make a product, you must understand the attributes and logical factors of the product.
For example, take crude oil. This round of rise in crude oil is itself caused by the war in the Middle East, not a technical bull market. After the ceasefire agreement was agreed yesterday, crude oil fell by 10%. Asking whether crude oil can go up is a www.xmniubi.complete failure to understand the logic.
Gold is a technical bull market. If you want to know how far it will go, you can use the technical form to judge.
Crude oil was caused by the war in the Middle East and did not take a technical form. You said it could not go up, but a missile went up in the past two weeks of negotiations. You say it can go up, but if there is a ceasefire, it will still fall back. This is the current fate of crude oil. It is not in the technical form, but in the situation.
In this round, where will gold rebound?
1. In the last round, it rebounded from 4400-5122 by more than 720 US dollars. This time, starting from 4100, the range is consistent above 4830. This is also the amplitude cycle. In the upward space, you should also pay attention.
2. However, due to the promotion of news, we should pay attention to this. This cannot be controlled by technical conditions, let alone negotiation. If there is another conflict within 2 weeks, there will still be a fight. If crude oil goes up, the price of gold will go down.
Today, there is no position in the short term.
1. The price has risen by more than 100 US dollars due to the news, and it is difficult to find a suitable position.
2. When the market breaks high, you cannot guess the headspace. The headspace must be in a weak rhythm, and the weaker the better.
3. It rose suddenly in the morning. The European market in the past two days was not weak, but the position was not suitable.
4. According to the strong continuation of 382, the position is 4763. This is the point that can be increased today, but it is far away now and cannot be arranged.
5, still use the European market observation method. If the position cannot be determined and the pattern is not given, then wait for the US market. There is no www.xmniubi.compulsion to do trading. If the layout is given, if not, just wait.
[The above opinions are for reference only, investment is risky, please be cautious when entering the market]
The above content is the entire content about "[XM Foreign Exchange]: The US-Iran ceasefire, gold will rise to $4,800 again!" It was carefully www.xmniubi.compiled and edited by the editor of XM Foreign Exchange, I hope it will be helpful to your trading! Thanks for the support!
Spring, summer, autumn and winter, every season is a beautiful scenery, and they all stay in my heart forever. Gone away~~~
Disclaimers: XM Group only provides execution services and access permissions for online trading platforms, and allows individuals to view and/or use the website or the content provided on the website, but has no intention of making any changes or extensions, nor will it change or extend its services and access permissions. All access and usage permissions will be subject to the following terms and conditions: (i) Terms and conditions; (ii) Risk warning; And (iii) a complete disclaimer. Please note that all information provided on the website is for general informational purposes only. In addition, the content of all XM online trading platforms does not constitute, and cannot be used for any unauthorized financial market trading invitations and/or invitations. Financial market transactions pose significant risks to your investment capital.
All materials published on online trading platforms are only intended for educational/informational purposes and do not include or should be considered for financial, investment tax, or trading related consulting and advice, or transaction price records, or any financial product or non invitation related trading offers or invitations.
All content provided by XM and third-party suppliers on this website, including opinions, news, research, analysis, prices, other information, and third-party website links, remains unchanged and is provided as general market commentary rather than investment advice. All materials published on online trading platforms are only for educational/informational purposes and do not include or should be considered as applicable to financial, investment tax, or trading related advice and recommendations, or transaction price records, or any financial product or non invitation related financial offers or invitations. Please ensure that you have read and fully understood the information on XM's non independent investment research tips and risk warnings. For more details, please click here