Trusted by over 15 Million Traders
The Most Awarded Broker
for a Reason
CATEGORIES
News
- 【XM Forex】--USD/MXN Analysis: Return of Highs as Anxiety Escalates about Outlook
- 【XM Market Review】--EUR/USD Forecast: Continues to Rally After Trump Comments
- 【XM Market Analysis】--AUD/USD Forex Signal: Continues to Rally
- 【XM Forex】--USD/SGD Analysis: Behavioral Sentiment Dominating Speculative Tradin
- 【XM Market Review】--S&P 500 Monthly Forecast: December 2024
market news
Gold 3720 shows short-term stabilization and will make another effort to 3800
Wonderful Introduction:
Green life is full of hope, beautiful fantasy, hope for the future, and the ideal of longing is the green of life. The road we are going tomorrow is green, just like the grass on the wilderness, releasing the vitality of life.
Hello everyone, today XM Foreign Exchange will bring you "[XM Foreign Exchange]: Gold 3720 has stabilized in the short term and will once again make a push to 3800." Hope it will be helpful to you! The original content is as follows:
Zheng's silver point: Gold 3720 has stabilized in the short term and will once again strive to 3800
Review yesterday's market trend and technical points:
First, gold: Yesterday, based on several aspects, it is judged that the short term should be volatile and downward correction: ①, the daily line is long and the upper shadow K; ②, the trend resistance line is gradually suppressed, and the high point gradually decreases; ③, effective breaking down overnight The lower track of the upward channel; therefore, when you approach the trend resistance decline line twice during the day, you first choose bearish correction, namely 3776 and 3770, and finally successfully reach the target 3750 line, and at least hit the strong support 3720 line mentioned in the research report in one breath, stabilize and then pull up, in line with the view of falling first and then rising, and fluctuating;
Second, in terms of silver: silver yesterday's trend was relatively resistant to decline, that is, it was to consolidate at a high range as scheduled, 4 3.6 support, 44.4 resistance, yesterday, relying on the high of 44.3-44.2, it repeatedly chose to fall bearishly and reach the target of 43.6;
Today's market analysis and interpretation:
First, gold daily line level: closed on Tuesday at a long upper shadow K, and in addition to the short-term decline below the lower track of the rising channel, so yesterday's prediction will be made for short-term oscillation correction, and the day will be based on the 3780 below the high The fall and finally reached the 3720 position. The daily line retraces and confirms the 5 moving average, and the late trading pulls back and leaves a shadow. Originally, today's plan is to be above 3720 and you can bravely look at the bullish wave. The daily line maintains a high level and is relatively strongly consolidated, or it may also set a record high to go. Whether from the short-term moving average bull arrangement or the number of yin and yang, the trend will not change. If it is a one-sided pull method, the Yin is often single-yin, becauseIt is expected to close positive today; at present, the support of the 5 moving average is still valid, and the bullishness will continue tonight;
Second, gold 4-hour level: close at 18 o'clock to reach a positive K, re-standing on the middle track and 10 moving average, and the concentrated support is about 3750 line. Therefore, tonight, 3750 will stabilize and follow the bullishness. As long as another continuous positive is closed at 22 o'clock, you can basically confirm the effective breakthrough, and it will gradually hit a new high;
Third, golden hourly line level: The above chart is given this morning. Based on the recent trend and wave calculation, the current situation is the fifth wave rise of this wave, and the height is calculated as 3825. Originally, it fell overnight and rebounded first today. For the oscillation move, the continuity of the early morning is poor. I hope to retrace the second time to confirm the overnight low of 3720 to stabilize and follow the bullish wave, such as yesterday's morning move; but unfortunately the market does not give this opportunity, the European low is 3 The 730 line stabilizes ahead of schedule, and the European market's continuous positive pulling force hits the current yellow trend resistance line. Once it breaks through and stands on this line, it will exert force upward. Therefore, the current price is 3757-58. If you can stand on a big or continuous positive, it is expected to hit 3780, 3790, or even directly break through the 3800 mark; support below 3750, the extreme middle rail is 3743, and you need to pull up tonight. It is best not to fall below the middle rail again, otherwise it will be easy to suppress the oscillation;
Silver: It has already made stronger than gold, hitting the recent high again, reaching the 45 mark, which is very powerful; this year, this round of silver is likely to usher in a unilateral crazy pullback stage that has been separated by 15 years, increasing the probability of hitting the previous historical high of 49.7; today's European session has obviously strong and strong positively, and it will definitely follow the bullish second time tonight; as long as the hourly line shows negative, it will follow the bullish opportunity, and 44.3-44.45 will become the top and bottom support, and it may not be possible to test and confirm them. After the negative xn--xm-6d1dw86k.comes out, you will directly follow the bullish, and the resistance target is 45.5;
In terms of crude oil: the daily line is still in range consolidation. Judging from the above figure, the yellow trend resistance line is under pressure. The bearish decline is falling below 64.9 tonight, with support below 63.4 and 61.4;
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 the market watching and reviewing for more than 12 hours a day in the past twelve years. Technical points are disclosed every day, and the interpretation of text and videos. Friends who want to learn can xn--xm-6d1dw86k.compare and refer to it based on the actual trend; those who recognize ideas can refer to operations, lead defense well, and risk control is the first;If you don’t agree, just pretend to be bye bye; thank you for your support and attention;
[The article views are for reference only. Investment is risky. You need to be cautious when entering the market, operate rationally, set losses strictly, 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, persisting 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
The above content is all about "[XM Foreign Exchange]: Gold 3720 has stabilized in the short term and will make another effort to 3800". It is carefully xn--xm-6d1dw86k.compiled and edited by the editor of XM Foreign Exchange. I hope it will be helpful to your trading! Thanks for the support!
Every successful person has a beginning. Only by having the courage to start can you find the way to success. Read the next article now!
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