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He Xiaobing: gold fluctuates until it breaks, demand for crude oil worryingly high 11.18
Gold rallied after its slide on Monday. On Tuesday, the long and short competition was fierce and directly lateral. The final option was delivered within the next three trading days. In general, it is still in the fluctuation range, and the pattern gradually narrows. In line with the preparatory phase of preparation
In the morning “Golden 9 o’clock”, I elaborated on the recent rhythm of gold. The election must be horizontal before the election. The election is waiting for the result. The process is back and suffering, and there is no chance for the result.
It is clear that now it is in the turbulent accumulation, then the operation is to treat it in a turbulent way until the new market round opens.
The four-hour Bollinger took the 1897-1875 plane with the 1886-1887 lifeline as the dividing line, which turned out to be the starting point of the pressure drop in the early hours of this morning, which will be the dividing line between the strength and weakness today.
Yesterday’s continuous lateral interval 1884-1893 will be an important dividing interval. What was emphasized yesterday was the function of the 1884 dividing line, dividing the upper and lower $ 16, the upper pressure 1900, the lower support 1868.
Now we are facing a problem, that is, the opening of the four-hour pattern, only after breaking 1875 can we hope to find the 1868 zone, which is the position of the yellow trend line. And once the form opens down, the high-volume market will not only go to this position, but it will also go lower, like the 1856 and 1850 passes.
The ascending channel formed with 1850 as the starting point and the two yellow trend lines are still valid, and now it is only in the interval of two lines 1870-1905, and the high point of the green line descends in 1891.
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