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U.S. bonds are pressing for risk aversion, gold and silver open high and delay low and low
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Hello everyone, today XM Foreign Exchange will bring you "[XM Group]: U.S. bonds are pressing and pushing for hedging, gold and silver open high and delay low and long." Hope it will be helpful to you! The original content is as follows:
Last week, the gold market opened significantly lower at the beginning of the week due to the decline of fundamental risk aversion, and then the market first filled the gap. The market fell rapidly. The weekly line was given the lowest point of 3120.4 and then the market rose strongly. The weekly line finally closed at 3202. Then the market closed with a large negative line with a lower shadow line longer than the upper shadow line. After this pattern ended, it was long this week. At the point, the short position of 3368 above was reduced and the stop loss followed at 3300. Today, it opened high and then rebounded directly, giving 3218 long stop loss 3212. The target was 3240 and 3246 and 3252 pressures. If it broke, look at 3257 and 3265.
The silver market opened lower last week at 32.564 and then the market first rose to 32.982 and then the market fell back to 31.868 and then the market quickly rose. The weekly line reached the highest position at 33.221 and then the market went down strongly. The weekly line was at the lowest position at 31.633 and then the market consolidated. The weekly line finally closed at 32.265 and then the market closed with a spindle pattern with an upper and lower shadow line. After this pattern ended, it was more than 32.3 today.Stop loss 32.1, target 32.5 and 32.7-33.
The European and American markets opened lower at 1.12205 last week and the market closed at 1.12442. The market fell rapidly. The weekly line was at the lowest point of 1.10626 and then the market rose strongly. The weekly line reached the highest point of 1.12656 and then the market consolidated. The weekly line finally closed at 1.11587 and the market closed in a spindle pattern with a lower shadow line slightly longer than the upper shadow line. After this pattern ended, the stop loss of 1.12250 last week was followed by 1.12250 after short positions was reduced last week. Today, the short stop loss of 1.12300 is still 1.12300. The target is 1.11600 and 1.11300-1.11100.
Last week, the U.S. crude oil market opened slightly higher at the beginning of the week at 61.45, and the market closed at the gap to give a position of 60.99, and then the market rose strongly. The weekly line reached the highest point of the weekly high point of 63.91, and the market fell back under the pressure of the weekly level 10-day moving average. The weekly line was at the lowest point of 60.39, and the market rose at the end of the trading session. The weekly line finally closed at the position of 62.33, and the market closed in a spindle pattern with an upper shadow line longer than the lower shadow line. After this pattern ended, 61.8 was more than 61.2 today, and the target was 62.6 and 63 and 63.5-64.
The Nasdaq market opened higher last week at 20386.5 and then first filled the gap to give the position of 20295.39. The market rose strongly. The weekly line reached the highest position of 21453.8 and then consolidated. The weekly line finally closed at 21323.64. Then the market closed with a large positive line with an upper shadow line slightly longer than the lower shadow line. After this pattern ended, 21380 short stop loss 21480 today, with the target of 21160 and 21000 and 20900.
The fundamentals were last week. According to Xinhua News Agency and CCTV, the high-level economic and trade talks between China and the United States were held in Geneva, Switzerland from May 10 to 11. He Lifeng, the leader of China-US economic and trade, and Vice Premier of the State Council, said at a press conference held by the Chinese delegation on the evening of the 11th local time that the high-level economic and trade talks between China-US economic and trade were frank, in-depth and constructive, reached important consensus, and made substantial progress. The two sides agreed to establish a China-US economic and trade consultation mechanism. China and the United States will finalize the relevant details as soon as possible and will issue a joint statement reached at the talks on May 12. Therefore, after the data was released, the US index opened higher and other safe-haven goods markets such as gold and silver fell, and Russia and Ukraine are currently negotiating in Türkiye.The process was not smooth and had a certain support for the market. However, it is worth noting that Moody's Ratings announced last Friday night that it had cancelled its highest credit rating for the US government and lowered its rating from Aaa to Aa1. The eouu.cnpany accused successive U.S. presidents and congressional lawmakers of inflated budget deficits and said there was little sign of shrinking. The U.S. economy appears to slow down as Capitol Hill debates more unfunded tax cuts, and the U.S. president subverts long-established business partnerships and renegotiate trade deals, the downgrade could exacerbate Wall Street’s growing concerns about the U.S. sovereign bond market. Therefore, gold and silver will inevitably be boosted if risk aversion is stimulated again. This week's fundamentals are mainly focused on the release of monthly reports on residential sales prices in 70 large and medium-sized cities at 9:30 on Monday. Then the State Information Office held a press conference on the operation of the national economy at 10:00. At night, the US April Consultative Conference leads the monthly rate of the monthly rate. On Tuesday, the RBA announced its interest rate decision at 12:30. Then, RBA Chairman Brock, who watched 13:30, held a monetary policy press conference. At night, we will see the initial value of the euro zone's May consumer confidence index at 22:00. We focused on 22:30 U.S. to May 16 EIA crude oil inventories and U.S. to May 16 EIA crude oil inventories in Cushing, Oklahoma, and U.S. to May 16 EIA strategic oil reserve inventories in the week of May 16. The European Central Bank announced the minutes of April's monetary policy meeting at 19:30 on Thursday. Then look at the number of initial unemployment benefits in the United States from 20:30 to May 17. Then look at the initial S&P Global Manufacturing PMI in May at 21:45 and the initial S&P Global Services PMI in May at the United States. Then look at the annualized total number of existing home sales in the United States in April at 22:00. Friday, we will pay attention to the annualized total number of new home sales in the United States in April at 22:00.
In terms of operation, gold: the short position of 3368 above is followed by the stop loss at 3300, and the target is opened high and the rebound is directly raised, giving 3218 long stop loss at 3212, the target is 3240 and 3246 and 3252 pressures, if the break is 3257 and 3265.
Silver: 32.3 long stop loss at 32.1 today, the target is 32.5 and 32.7-33.
Europe and the United States: 1.12250 last week's stop loss after the stop loss is 32.5 and 32.7-33.
Europe and the United States: 1.12300, today's 1.12100 still has a short stop loss of 1.12300, the target is 1.11600 and 1.11300-1.11100.
U.S. crude oil: 61.8 long stop loss of 61.2 today, the target is 62.6 and 63 and 63.5-64.
Nasdaq: 21380 short stop loss of 21480, the target is 21160 and 21000 and 20900.
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