Gold oscillates at high levels today, with high levels and low levels
The US dollar index has fallen sharply again, with a focus on strong support around 103.7. Today, we need to prevent the market from bottoming out and rebounding, with resistance around 105.
Yesterday, gold fluctuated and closed at a cross star. Looking at the daily chart alone, there is a demand for a pullback, but combined with the trend of silver, it should rise again today. Therefore, we are temporarily operating at a high volatility level. At present, the resistance is still around 2930. Once this position is effectively broken, 2936 may not be able to block it. It is estimated that it will go to 2944 or even near the front height, and it can be empty when touched. There is no new high after the second attempt, and the US dollar is also close to the support level before falling back. Support around 2912, due to poor closing, it is not easy to go long at this position, but if the market wants to rise, it should not fall below 2911. If the price is close to 2900 or yesterday's low point, you can still buy more.
Operation suggestion: Before breaking through yesterday's high and low points, take a small stop loss and buy long at high and low levels. Refer to the analysis above for breaking levels. Yesterday, regardless of the location, there was always profit. The crude oil empty order did not arrive, but the opportunity was given in the middle of the night after 65.4 orders.
Crude oil was still relatively weak yesterday, falling directly around 68 and rebounding near the previous low in the evening. The daily chart closed longer with a bearish shadow. Sell close to 67.9 today, buy long close to yesterday's low or 65.5.
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