Trusted by over 15 Million Traders
The Most Awarded Broker
for a Reason
CATEGORIES
News
- 【XM Group】--Nasdaq Forecast: Holding Steady
- 【XM Forex】--USD/SGD Analysis: Behavioral Sentiment Dominating Speculative Tradin
- 【XM Market Analysis】--EUR/USD Forex Signal: Stuck in a Range, a Pullback to 1.03
- 【XM Decision Analysis】--USD/JPY Forecast: Rises Amid Interest Rate Divergence
- 【XM Market Analysis】--USD/MXN Forex Signal: Rallies on New Years Eve Against Pes
market news
There are signs of slight acceleration on the daily gold line, and it will continue to be bullish tonight as it steps back above 4005.
Wonderful introduction:
Green life is full of hope, beautiful fantasy, hope for the future, and the longed-for ideal is the green of life. The road we are going to take tomorrow is lush green, just like the grass in the wilderness, releasing the vitality of life.
Hello everyone, today XM Forex will bring you "[XM official website]: The gold daily line has slight signs of acceleration, and it will continue to bullish on 4005 tonight." Hope this helps you! The original content is as follows:
Zheng's point of view: There are slight signs of acceleration on the daily gold line, and the bullish trend will continue on the 4005 level tonight
Reviewing yesterday's market trends and technical points:
First, gold: it closed strongly overnight, and opened yesterday morning and continued to rise in a cycle. It surged higher and fell back at 10 o'clock, closed positive again at 11 o'clock, and stood on the hourly line 10 again. Moving average, I tried to follow the bullish trend and successfully gained 10 meters; the European market continued to be negative and fell below the early rising point of 3955, so it moved down to stabilize around 3925 and continued to be bullish. As a result, it only stepped back to 3940, and the US market directly pulled up with a V; Since every integer mark of 3700, 3800, and 3900 was touched in the previous period, there was a correction of about 70 meters. This time it was close to 4000, and profit hedging protection was also carried out. The previous 27 35, 2753, 3000, 3247, 3281, 3528, 3730 and more bottom positions are bullish for profit protection in the medium and long term to prevent excessive taking, and you can also catch the band price difference. There was indeed a wave at night, but it only pulled back to 3960, and did not reach the expected target of 3930;
Secondly, in terms of silver: Yesterday, silver stepped back, which was much weaker than gold, and the lowest price was lower. The bullish support 47.37 mentioned in the research report was reached, but subsequently, considering that gold was still at a high level and the correction was not in place, I was worried that its correction would continue to drive silver down, so I did not take action. Today, I saw a wave of shortfalls;
Today's market analysis and interpretation:
First, the daily level of gold: it did not suppress the pullback in the middle of the night yesterday, but continued to slowly pull up and close at a relatively high level, and the closing price began to deviate from the 5 average.line, and today it continued to rise strongly, crossing the 4000 mark easily, and the highest current impact is the 4050 line, gradually moving away from the 5 moving average, with a difference of nearly 100 meters, showing signs of a slight acceleration; this may be a strong pull on the last day of the holiday. After the holiday tomorrow, we must beware of the market opening after the internal market. Taking profits will suppress the price of gold and start a correction. Only by covering up and confirming that the 5-day moving average is in place, or breaking through the 5-day, and holding on to the 10-day, can we get a good low price again, and continue to maintain the trend to pull up; therefore, although the trend is still very strong, we still need to be cautious in chasing the rise in the past two days, and we have missed the wave from 3980 to 4050. It doesn't matter if you increase profits, as long as the trend continues, the follow-up height will be higher, and there is still enough space. Wait patiently to step back and confirm that the support is in place, and then follow the bulls all the way;
Second, the golden 4-hour level: Lianyang exerts its force unilaterally, and the first yin is not enough to judge the pressure, but at least there is a buffer. The possibility of rising; below, first pay attention to the 5-day moving average 4019, followed by the key 10-day moving average above 3993, and after closing at 22 o'clock, it will move above 4000; therefore, as long as the support of the 4000 mark is held tonight, it will continue to run strongly, either finishing at a high level, or continuing to break high;
Third, the golden hourly level: it closed strongly at a high level overnight, and the cycle continued to rise early this morning. Only when the market opened at 6 or 7 o'clock did you dare to chase the rise directly. If you look at it too late, you will not dare to follow up, especially if it breaks through 4000 and continues to be short-term. , without giving any chance to step back, I am worried that it will pull up rapidly, take the market at a high level, and instantly dive for profit; the closing price at 19 o'clock is Yin K at the top, which barely covers the previous Yang K, but the 10 moving average 4030 support is still there, and in the process of continuous Yang, it is Yin for the first time, so it is not possible to judge the horse. The upward trend will continue to fall; the European market continues to rise and break high, and there will be a second pull-up tonight. If the second pull-up still suppresses 4050 or breaks through 4050 and then falls back to close a pressure K, then consider looking for a correction; if it is a pullback first, then rely on Stabilizing above the mid-rail 4005 is bullish and prepare for a second rise; if you want a major correction, you must fall below the 4000 mark and fall again, and then you may test the intraday low or break through. The probability of this is not high for the time being, so let’s see it step by step;
Silver: Silver was weak yesterday, but today, driven by gold, it has also gone back; however, from the channel perspective, it is still running in the blue channel. Tonight, pay attention to the upper rail resistance 49.15 line, the middle rail support 48.2, and the lower rail support 47.65. If the channel is not broken, it will maintain operation between the upper rail and the lower rail;
Crude oil: Yesterday, it first went down to cover the gap of Monday's jump, bottomed out and closed positive, and continued to rebound today; the key resistance above is near 63. Once it breaks through, it will start a round of oversold rebound correction;
The above are several views of the author's technical analysis. As a reference, it is also a summary of the technical experience accumulated by monitoring and reviewing the market for more than 12 hours a day in the past 12 years. Technical points will be disclosed every day. With text and video interpretation, friends who want to learn can www.xmltrust.compare and reference based on the actual trend; those who agree with the idea can refer to the operation, take good defense, and risk control first; those who do not agree, just let it go; thank you for your support and attention;
[The opinions in the article 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 be responsible for profits and losses]
Writer: Zheng Shidian Silver
Watching and researching the market for more than 12 hours a day, persisting for ten years, detailed technical interpretations are made public on the entire network, and serve to the end with sincerity, dedication, sincerity, perseverance and wholeheartedness! Write www.xmltrust.comments on major financial websites! Proficient in K-line rules, channel rules, time rules, moving average rules, segmentation rules, top-bottom rules; student cooperation registration hotline - WeChat: zdf289984986
The above content is about " [XM official website]: The golden daily line shows signs of slight acceleration, and it will continue to bullish on 4005 tonight." The entire content was carefully www.xmltrust.compiled and edited by the XM foreign exchange editor. I hope it will be helpful to your trading! Thank you for your support!
After doing something, there will always be experience and lessons. In order to facilitate future work, the experience and lessons of past work must be analyzed, researched, summarized, concentrated, and raised to a theoretical level to understand.
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