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Gold is treated strongly above the low point in the morning, and the resistance of European and American Japanese lines is under pressure as scheduled
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Hello everyone, today XM Foreign Exchange will bring you "[XM Foreign Exchange Official Website]: Gold is treated strongly above the low point in the morning, and the resistance of European and American Japanese lines is under pressure as scheduled." Hope it will be helpful to you! The original content is as follows:
Dollar Index
In terms of the performance of the US dollar index, the US dollar index showed a downward trend on Monday. The price of the US dollar index rose to 98.159 on the day, and fell to 97.747 on the lowest, and finally closed at 97.913. Looking back at the market performance on Monday, the price fell directly under pressure during the early trading period, and then the price tested near the weekly support and stopped. The daily line ended with a big negative end on the same day. At present, it is a key position for the 98 position in the previous US market yesterday. The price will continue to stabilize in this position. Otherwise, you need to be careful of bottoming out and rebounding again.
From a multi-cycle analysis, the price has been consolidating in the weekly level recently. Currently, the weekly line supports the 97.80 area, and the price has been in the last week's resistance, and the bulls continue in the medium term. From the daily level, as time goes by, the daily line is currently supported in the 97.60 area, and the band above this position of the price has further risen. From the four-hour perspective, the four-hour resistance is currently at 98. The current price is below this position, so the short-term is still in a state of pressure correction. Once the subsequent position is stable, pay attention to further continuation. Otherwise, you need to be careful to test the daily support before rising. The current price tends to fluctuate in the short term in one hour. Therefore, based on xn--xm-6d1dw86k.comprehensive view, conservatives can wait to break through the 98 position and then directly chase the order or accidentally bottom out to the 97.60 area before the more. Radicals can now make a light position first.
The US dollar index has a long range of 97.60-70, with a defense of 5 US dollars, and a target of 98.20-98.50
Gold
In terms of gold, the price of gold was generally on Monday, with the highest price rising to 3834 on the day, falling to 3757.76 on the lowest price, closing at 3833.69 on the day. Gold soared again on Monday and continued to hit record highs. The daily level of the big positive state ends. Currently, the strong surge in the early trading low has become a watershed for strength, and the price remains strong and treats more.
From a multi-cycle analysis, first observe the monthly rhythm. The monthly price ended in August. Overall, the price is still running bullishly. From the long-term perspective, the 3000 position is the watershed of the long-term trend. The price can be treated more on the long-term. From the weekly level, the price is above the weekly support. Currently, the weekly long and short watershed is at 3480. The price is above this position and the medium line can be treated more. From the daily level, we need to pay attention to the support of 3720 for the time being. The band above this position is treated more often, and we will continue to treat the trading method on the right. From a four-hour perspective, the price rose again after breaking through the four-hour resistance last Friday, so the short-term price is in long positions. Currently, the four-hour support is at 3805. The price continues to be bullish on this position in the short term. The price of one hour is currently strong and strong bulls are continuing. Yesterday, the market closed strongly at a high level. At the same time, today's morning session is again soaring strongly. The intraday price can continue to be more strong and more treated above the morning session low. Following the 3880-3900 area.
Gold has a long range of 3835-3836, with a defense of 10 US dollars, and a target of 3880-3900
European and the United States
European and the United States, prices in Europe and the United States were generally on Monday. The price fell to 1.1697 on the day and rose to 1.1754 on the spot and closed at 1.1726 on the spot. Looking back at the performance of European and American markets on Monday, the price broke through the four-hour resistance position during the early trading session, and then fluctuated and rose. At the same time, after the US price tested as scheduled to the daily resistance emphasized yesterday, the daily resistance shortage of yesterday continued to fall.
From a multi-cycle analysis, from the monthly level, Europe and the United States are supported by 1.1060, so the price is treated with long-term bulls above this position. From the weekly level, the price is supported by the 1.1700 area. This position is the long-shoulder watershed in the mid-line trend. This week, the key is to focus on whether the weekly closing can close below this position. From the daily level, the price fell below the daily support last week, and the previous support became a key resistance. Yesterday, the price was under pressure at the 1.1750 area as expected. At the same time, according to the recent decline, the price has been upwardly pulling back for two days, so today we focus on pressure performance. From the four-hour level, the price tested four-hour resistance last Friday. Yesterday, the early trading session broke through again and successfully tested the daily resistance and was under pressure. It is currently supported at 1.1710 for four hours. Once the price breaks below this position, it will continue.Just keep paying attention to the pressure. The current price is also under pressure on one hour, so follow-up attention will be further continued. The following focus will be on the 1.1700-1.1650 area below.
Europe and the United States have short holdings in the range of 1.1750-60, pay attention to the 1.1710 break, pay attention to the 1.1650 after breaking down. [Finance data and events that are focused today] Tuesday, September 30, 2025
①07:50 Bank of Japan releases summary of opinions from members of the September meeting review
②09:30 China's September official manufacturing PMI
③09:45 China's September RatingDog manufacturing industry PMI
④09:45 China's September RatingDog Services PMI
⑤12:30 RBA announced interest rate resolution
⑥13:30 RBA Chairman Brock held a press conference
⑦14:00 UK's second quarter GDP annual rate and current account
⑧14:45 France's September CPI monthly rate initial value
⑨15:00 Switzerland's September KOF leading indicator
>⑩15:55 The number of unemployed people and unemployment rate in Germany in September was adjusted in September
18:00 Vice Chairman of the Federal Reserve Jefferson delivered a speech
20:00 The initial value of the CPI monthly rate in Germany in September
20:50 European Central Bank President Lagarde delivered a speech
21:00 US July FHFA House Price Index Monthly Rate
21:00 US July S&P/CS 20 major cities in July
21: 00Federal Collins delivered a speech
21:45U.S. Chicago PMI in September
22:00U.S. JOLTs job vacancy in August
22:00U.S. Consulting Chamber of xn--xm-6d1dw86k.commerce Consumer Confidence Index
The next day, the Federal Reserve Goulsby delivered a speech
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