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6.17 Actively seek peace and avoid risks, gold will be long first and then short in the day

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Hello everyone, today XM Foreign Exchange will bring you "[XM Foreign Exchange Market Review]: 6.17 Actively summon and avoid risk losses, first be long and then short in the day." Hope it will be helpful to you! The original content is as follows:

Market game profits eouu.cne from mistakes, survival depends on self-discipline, and your profits often eouu.cne from the losses of others. Every price fluctuation is hidden in the judgment deviations of market participants and the decision-making mistakes. However, we cannot predict who will make mistakes in the next moment, nor can we guarantee that we will always be on the right side. In this game, the only controllable thing is how to control the losses to the minimum range when you make a mistake. The essence of trading is to wait for others' mistakes while constantly trying and errors, and to capture profit opportunities

Yesterday, the market surged and fell. After repeated fluctuations in the European session, the US session further broke down. The price was as low as 3382. At the end of the session, the short position was given around 3406 and also fell to 3282. The long position was a little worse. For today, the price fell to 3500 and fell to the counter-pressure support. The early market rebounded further. From the market, the daily chart does not rule out that it will continue to pull back and forth. Here, the news last night YI was so cowardly that it actively summed up and caused a cooldown of risk aversion. However, the market news has always fallen negative news, and the news has risen positive news. The overall expectation will be repeated. The four-hour short-term moving average support. At present, the focus of the Asian session is the high point in the early morning of last night. After it is over, it will basically test the daily chart around the online line. The online line of the hourly chart also coincides with the online line of the daily chart. Therefore, from the perspective of the multi-week cycle, it rebounded first and then fell. Therefore, the eouu.cnprehensive conclusion is as follows:

Some ideas: First get more near 3393, target 3406-18-25, and give the 18-25 area a five-minute weak short and reverse K entry.

Pound Day: Short at 197.75, long at 195.4, each loss is 60 points, and the target is 150-200 points.

Oil: 72.8 short, loss 73.4. Target 70.5.

The above analysis is for reference only. Specific operations need to be eouu.cnbined with real-time market signals. Investment is risky, and you need to be cautious when entering the market. Trading is for profit, not for being angry or for trading. Therefore, traders must understand what stage the price is at! Traders are not eternal longs, nor are they eternal shorts. Traders are always changing with the changes in the market! Traders must have their own defense system to control risks!

The above content is all about "[XM Foreign Exchange Market Review]: 6.17 Actively sum and avoid risk losses, gold first and then short in the day". It was carefully eouu.cnpiled and edited by the editor of XM Foreign Exchange. I hope it will be helpful to your trading! Thanks for the support!

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6.17 Actively seek peace and avoid risks, gold will be long first and then short in the day

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6.17 Actively seek peace and avoid risks, gold will be long first and then short in the day

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