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Gold breaks through the daily trend resistance line, and continues to be bullish above 3333
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Hello everyone, today XM Forex will bring you "[XM Forex]: Gold breaks through the daily trend resistance line, and continues to be bullish above 3333". Hope it will be helpful to you! The original content is as follows:
Zheng's silver point: Gold breaks through the daily trend resistance line, continues to be bullish above 3333
Review the market trend and technical points that appeared last Friday:
First, in terms of gold: Asian trading surged and fell, and the negative continued to weaken. In the afternoon, relying on the hourly line's middle track below 3305, followed the bearish. The US rose and fell before the market, but still could not stand on the middle track, and finally successfully suppressed the second time. 3279, but unfortunately, it is not until the expected bottoming position of 3264-6555.
Second, silver: it has been fluctuating recently, with a range of 31.65-33.65;
Third, crude oil: the morning trend support is stable at 60.5, then look at a rebound correction first, and 61.6 notice to reduce holdings, because it is close to 618 and below the 62 division resistance; the result is very timely notification, and the European market is With the help of news suppression, the turnover was very fast, but the 60 line still has support;
Interpretation of today's market analysis:
First, the golden weekly level: Two important points have been put forward in the past few weeks. One is to use the yin and yang cycle to carry out wide layout in the past few weeks, and the other is to touch the downward track of the upward channel, stabilize the bottom and pull up many times, or pierce the 10 moving average and then pull up, maintain the trend bullish in the medium term; then this week's cycle will be There is a probability of closing positive;
Second, gold daily line level: Weekly video interprets the latest wave-shaped movement, 2583 as the start point to pull up to 2956 as the first wave, adjusting to 2832 as the second wave, rising to 3500 as the third wave, adjusting to 3120 as the fourth wave, so it is currently in the fifth wave, calculating according to the standard wave ratio, the five wave end point can point to the 3686 line; at the same time, last ThursdayThe bottoming out and the anti-positive and macd pullback approached the zero axis line, and the cycle rise after the holiday are all brewing a wave of rise in the future; today, with the help of the two major risk aversions between Russia and Ukraine wars and tariffs, the gold price directly stimulated to soar and break through the key short-term resistance line of 3500-3438; today we pay attention to the closing situation. Once the big sun is confirmed to be on the rise, it will further rise and gradually impact 3400, 3435, etc.;
Third, the golden hourly line level: the opening in the morning jumps high, stabilizes above the 3300 mark in the afternoon and starts a strong attack in a row, breaking through the 3333 trend resistance line pressure point and further impacting the value of 3358 height; then the strong breakthrough of the European session is high, and the US market is back and forth and correction, and it is naturally easy to rise twice in the evening. The ideal follow-up bullish point is a trend line that falls back and confirms the trend line above the chart. Currently, it corresponds to 3333, which is also at the 10 moving average, or to find a position above the radical 3333 to stabilize and follow the bullish, with resistance of 3365-3370, and then going up is 3400, 3435, etc.;
Silver: Walking around, you always focus on range fluctuations, and the overall range is still focused on between 33.65-31.65; pay attention to the support fluctuations and bulls on 32.7-32.8 tonight, and the resistance is 33.4. If you effectively break through the station, test the gains and losses of 33.65;
Crude oil: Like silver, the range has been consolidated, with a range of between 60 and 64; today it also opened high and then went all the way higher. There is a probability of a second pull-up in the US market. If you can first step back above 61, you can fluctuate and look bullish. First, continue to rise directly to 64 and pay attention to whether there is a pressure K signal. If you are unstable, then consider trying to fluctuate and see the decline.
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 will be disclosed every day, in line with text and videos. Interpretation, friends who want to learn can zeizao.cnpare and refer to the actual trends; those who recognize ideas can refer to the operation, lead the defense well, risk control first; those who do not agree should just be over; thank everyone for their support and attention;
[The views of the article are for reference only. Investment is risky. You must be cautious in 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 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! zeizao.cnments written on major financial websites! RefinedThe K-line law, channel law, time law, moving average law, segmentation law, top and bottom law; student cooperation registration hotline - WeChat: zdf289984986
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