Trusted by over 15 Million Traders
The Most Awarded Broker
for a Reason
CATEGORIES
News
market news
Maximize the profit margin, gold and silver try to go high
Wonderful introduction:
One person’s happiness may be fake, but the happiness of a group of people can no longer distinguish between true and false. They squandered their youth to their heart's content, wishing they could burn it all away. Their posture was like a carnival before the end of the world.
Hello everyone, today XM Forex will bring you "[XM Foreign Exchange Market www.xmmen.commentary]: Maximum increase in profit margin, gold and silver try to go high". Hope this helps you! The original content is as follows:
Yesterday, the gold market opened slightly higher at 4208.5 in early trading, then the market slightly fell back to 4202.5, and then the market fluctuated strongly and rose. By the end of the day, the daily line reached the highest position of 4330.7, and then the market consolidated. The daily line finally closed at 4327.8, and the market closed with a saturated positive line with a slightly longer lower shadow. After such a form, today's market has Looking at the long demand, the premature rise in early trading means that the market is prone to profit-taking. In terms of points, the longs of 3325 and 3322 below are the longs of 3368-3370 last week, and the longs of 3377 and 3 After the long positions of 385 and 3563 are reduced, the stop loss is followed up and held at 3750. Today, 4370 can be short. The conservative short stop loss of 4375 is 4382. The target below is 4351, 5342 and 4321.
The silver market opened low yesterday at 52.792, then the market rose slightly to reach 53.281, and then fell back. The daily low reached 52.472, and then the market rose strongly. The daily high hit 54.163, and then the market consolidated. The daily line finally closed at 53.994, and then the daily line closed with a Zhongyang line with a lower shadow line slightly longer than the upper shadow line. After the end of this form, it still opened low and pulled up today. The long positions below were 37.8, 38.8, and 44.6. After reducing the position, the stop loss was followed up and held at 47. Today, 54.7Short stop loss 55, targets 54.1, 53.6 and 53.2-53
European and American markets opened at 1.16424 yesterday, and then the market first fell back to 1.16401, and then the market fluctuated and rose. The daily line reached the highest level of 1.16940, and then the market consolidated. The daily line finally closed at 1.16869. After the market closes, the market closes with a big positive line with a long upper shadow line. After such a form ends, the stop loss is 1.16400 at 1.16600 today. The target is 1.16950 and 1.17100 and 1.17350 and 1.17500.
The U.S. crude oil market opened at 58.77 yesterday, and then the market first rose to a position of 59.11, and then the market fluctuated strongly and fell back. The daily line reached the lowest position of 57.23, and then the market consolidated, and the daily line finally closed at 57. After the position of .4, the market closed with a big negative line with a long upper shadow line. After this form ended, today 58.2 short stop loss 58.7, the target is 57.4 and 57, if it falls below, 56.5 and 56-55.7.
The Nasdaq www.xmmen.composite Index surged higher and fell back yesterday. It opened at 24766.99 in early trading and then the market first rose to a position of 25007.55. Then the market surged higher and fell back, with the daily low reaching 24467. After the position of 08, the market consolidated. After the daily line finally closed at 24613.91, the daily line closed with a barcode line with an upper shadow line slightly longer than the lower shadow line. After such a form ended, the short stop loss was 249 at 24850 today. 20. The target is 24600, 24450 and 24300.
Fundamentals, yesterday’s fundamentals: The Russian and American presidents talked for two and a half hours before Zelensky’s visit to the United States. The American president said that Rubio would attend the meeting with Russia. Fed officials will meet with Putin in Budapest. Fed officials continued to speak. Waller said he advocated gradual interest rate cuts, with the neutral interest rate about 100 to 125 basis points lower than the current interest rate. The government shutdown made the subsequent policy path more uncertain. Milan said the Fed should cut interest rates by 50 basis points, but expected it would actually be cut by 25 basis points. Fed policy must be forecast-driven, not data-driven. Today's fundamentals focus on the annualized total number of new housing starts in the United States in September at 20:30, the total number of building permits in the United States in September, and the monthly rate of the U.S. import price index in September. Later, we will look at the monthly rate of US industrial output in September at 21:15.
In terms of operation, gold: the longs of 3325 and 3322 below and the longs of 3368-3370 last week and the longs of 3377 and 3385 and 3After reducing the long position of 563, the stop loss is followed up and held at 3750. Today, 4370 can be short. The conservative stop loss is 4375. The lower target of 4382 is 4351, 5342 and 4321.
Silver: 37.8 long, 38.8 long and 44.6 long minus. The stop-loss follow-up after the position is held at 47, today's 54.7 short stop-loss 55, the target is 54.1 and 53.6 and 53.2-53
Europe and the United States: Today's 1.16600 long stop-loss 1.16400, the target is 1.16950 and 1.17100 and 1. 17350 and 1.17500.
U.S. crude oil: 58.2 today, short stop loss 58.7, the target is 57.4 and 57, if it falls below, 56.5 and 56-55.7.
Nasdaq: 24850 today, short stop loss 24920, the target is 24920 24600 and 24450 and 24300.
The above content is all about "[XM Foreign Exchange Market www.xmmen.commentary]: Extremely rising profits, gold and silver try to go high". It is carefully www.xmmen.compiled and edited by the editor of XM Foreign Exchange. I hope it will be helpful to your trading! Thanks for the support!
Due to the author's limited ability and time constraints, some contents in the article still need to be discussed and studied in depth. Therefore, in the future, the author will conduct extended research and discussion on the following issues:
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