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Gold has been strongly higher than 3700 in the Asian and European sessions during the day, and continues to rise for the second time tonight

Wonderful introduction:

Without the depth of the blue sky, there can be the elegance of white clouds; without the magnificence of the sea, there can be the elegance of the stream; without the fragrance of the wilderness, there can be the emerald green of the grass. There is no seat for bystanders in life, we can always find our own position, our own light source, and our own voice.

Hello everyone, today XM Foreign Exchange will bring you "[XM Official Website]: Gold will stand strongly above 3700 during the day in the Asian and European sessions, and will continue to be bullish for the second time tonight." Hope it will be helpful to you! The original content is as follows:

Zheng's silver spot: Gold has stood strongly above 3700 during the Asian and European sessions, and continues to be bullish for the second time tonight.

Review the market trend and technical points that appeared last Friday:

First, in terms of gold: The short-term or band layout was bullish last Friday, and ultimately choose to adjust the position and exit, because the European session is still in repeated fluctuations, more or less affected by the same kind as last Thursday. The impact of the round-trip wash-up, then the entry position is poor, so I conservatively chose the starting point to exit, wanting to wait for the evening to lower and find a relatively good low before looking for a bullish position. As a result, I continued to push up the market all the way, and today I continued to squeeze short positions and unilaterally lifted. Although this wave of increase was missing, the bullish direction I have always adhered to is always correct; however, I have always held the previous 2735, 2753, 3000, 3247, 3281 , 3528 and other bottom positions are bullish in the medium and long term. So far, the price is quite xn--xm-6d1dw86k.comfortable to approach the 3730 line, and the profit continues to rise;

Second, silver: The short-term bullish was also given last Friday, and the European session pierced the 42.2 resistance level and did not stand firm. After the surge and fall, the rebound also chose to adjust the position of capital. In the end, the US session also made a strong rise, and it was almost approaching 43.8 today; if you don’t regret it, you can only Speaking of bad entry points, there is also a lack of courage. Fortunately, the 36.65 bottom position in the early stage is bullish in the medium and long term, and it has been holding it;

Today's market analysis and interpretation:

First, gold daily line level: For the interpretation of the weekly and monthly line medium and long term, you can check the weekly video; last Friday closed full big sun, and today it is bound to continue to be bullish. I also thought that I could rely on the 5-momentum 3672 to follow the bullish,In the morning, the low support at 3680 in the early morning was strong and continued to rise, but no chance was given; relying directly on 3685, the Asian and European session continued to rise unilaterally, and now a big positive is formed. There is no big problem with closing the positive today. If it is still full and big positive, it will continue to rush tomorrow; it is expected that the trend will maintain a round of unilateral rise before and after the National Day. Beware of a wave of correction before and after the National Day, stabilize before and after the National Day, continue to move up and pull up unilaterally, refer to last year's move; then one of the long-term goals of 3783 this week is a high probability, and it is expected that a round of correction will still occur near the 3800 integer mark, or a slow fluctuation and decline or a high sideways; from the current pattern, the previous high of 3707 has already had top-bottom support. As long as the opportunity is lowered in the day, you can continue to look bullish. Don't guess the top. The trend The top is used to break through, not suppress; only when the big news changes, the so-called top can gradually appear in technology, but at least next year;

Second, gold 4-hour level: After the bottom support of 3627, it will rise unilaterally, very strong, and continue the 5-momentum trend unstoppable. The current 5-day support moves upward by 3704, and continues to be bullish at this position. Tonight's primary resistance target is focused on 3734, which is mentioned in the weekly video. After the adjustment of 3500-3120, Fibonacci expanded by 1.618 times, followed by 3746 and 3783, which are both heights deduced by wave shapes a long time ago. Looking step by step, you will inevitably encounter sudden downward corrections in the middle, but it does not affect its trend, and the decline is the opportunity to get on the car;

Third, the golden hourly line level: 3685-3696 in the morning maintains a 10-meter range, breaking through and exerts strength in the afternoon, and the European session continues to break upward and continues to squeeze the shorts and move higher. The entire process can only suppress the post-3720 and then fall back to 3708, and no other move back; at that time, it was also planned to continue to bullish above 3700, and there was no chance. This way of moving, only by directly chasing the rise can you be sure of it, it depends on your personal courage, and the direction is no problem; then the Asian and European sessions continue to rise and rise, and the US session will generally have a second rise tonight. If there is a downward retracement before and after the US session, it is treated as a short temptation and continue to rise after stabilization. ;The first support is very close, which is 3720. The yellow trend resistance line in the figure is broken and the point of confirmation of the retracement after it is broken. The bullishness here is relatively radical and it also requires courage; the second support is 10 moving average 3708, which happens to be the only low point for the European session to fall back. The previous 3707 also formed a top-bottom position, which is also the 50-date division of the day. The 382 segment support 3712 should also be paid attention to. As a strong short squeeze, 3712 may hold on; therefore, if you continue to pull up again tonight, you will not lose the 3700 mark again. Pay attention to the stabilization of 3720, 3712, 3708 and continue to be bullish, and the target resistance is 3734, 3746, etc.;

Silver: Similarly, the Asian and European sessions continue to rise unilaterally, and continue to be bullish tonight; pay attention to the bullishness on 43.5, and the 618 split position 43.3 or the mid-track of the hourly line is used as a short-term defense. If you want to follow this short-term rise, you can only try in advance. The hourly line is generally a single negative, and a slight adjustment of the negative is the opportunity to enter the market. The strong is not too strong. If there is too much pullback, it will not be strong. The resistance target is 44-44.1;

The above are several points of the author's technical analysis. As a reference, it is also a summary of the technical experience accumulated by more than 12 hours a day for more than 12 hours a day. Technical points will be disclosed every day. xn--xm-6d1dw86k.combined with text and video interpretation, friends who want to learn can xn--xm-6d1dw86k.compare and reference based on actual trends; those who recognize ideas can refer to operations, lead defense well, risk control first; those who do not agree should just be over; thank everyone for their support and attention;

[The article views are for reference only, investment is risky, and you need to be cautious when entering the market, operate cautiously, 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 the market for more than 12 hours a day, persist for ten years, and detailed technical interpretations are made public on the entire network, serving the whole network with sincerity, sincerity, perseverance and wholeheartedness! xn--xm-6d1dw86k.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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Gold has been strongly higher than 3700 in the Asian and European sessions during the day, and continues to rise for the second time tonight

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Gold has been strongly higher than 3700 in the Asian and European sessions during the day, and continues to rise for the second time tonight

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