2023.8.24 precious metals are stronger than non US currencies
2023.8.24 precious metals are stronger than non US currencies
Hello, I'm Older Duan. Today is Thursday, August 24th 2023.
Now it's 17pm Beijing time.
Let me give you a quick comment on the technical forms of the current international mainstream varieties!
First, what we see is the daily graph of the dollar index.
As shown in the figure, the US dollar index rose and fell yesterday, but strengthened again today. Overall, there is still a long short competition within the community, with the opening price on July 6, 2023 (103.340) and the opening price on June 13 (103.620) now!
Now, let's look at gold.
Now you can see the daily chart of gold.
The figure superimposes the combination of gold's recent bottom-up golden section and Fibonacci parameter mean square!
As shown in the picture, gold surged yesterday, breaking through the daily 233 moving average and 21 moving average levels! So, for the rest of today, just use the opening price of $1919 from the previous month as an important intraday point operation! Above this position, long trading is the main focus; Below this position, short selling is the main focus!
Let's take a look at American crude oil.
What you are now seeing is daily level candle chart of US crude oil. The graph superimposes the recent bottom-up golden section of US crude oil and the Fibonacci parameter mean square combination!
As shown in the figure, US crude oil fell sharply yesterday, breaking below the recent bottom up gold split of 2.000 ($79.118)! So, for the rest of today, just use $77.9 as an important intraday point operation! Above this position, long trading is the main focus; Below this position, short selling is the main focus!
Let's look at EURUSD.
What you can see now is the daily chart of EURUSD.
The figure superimposes the combination of European and American currencies against the recent bottom of the golden section and Fibonacci parameter mean square!
As shown in the figure, the euro hit a recent low against the US dollar yesterday, with its lowest point hitting the daily 233 moving average and strengthening! Today, the euro was suppressed against the US dollar by the recent bottom against the gold split of 2.382 (1.08741)! So for the continuation period today, just use this position as an important point for operation during the day! Above this position, long trading is the main focus; Below this position, short selling is the main focus!
Finally, let's take a look at GBPUSD.
Now you can see the daily chart of GBPUSD.
The figure superimposes the combination of the recent bottom of the GBPUSD against the golden section and the Fibonacci parameter mean square!
As shown in the figure, the daily closing line of the pound against the US dollar showed a long downward shadow yesterday, and ultimately it still closed near the daily level 21 moving average (1.27267)! So for the continuation period today, we can continue to use the daily level 21 moving average (1.27267) as an important point for the day! Above this position, long trading is the main focus; Below this position, short selling is the main focus!
Well, the above is a quick inventory of the technical forms of the international mainstream varieties in today's European period!
Special reminder, Today is Thursday, and tomorrow evening there will be a speech by Federal Reserve Chairman Powell. Please pay attention to the risks!
Im Older Duan. Wish you happy win . Goodbye!
Hello, I'm Older Duan. Today is Thursday, August 24th 2023.
Now it's 17pm Beijing time.
Let me give you a quick comment on the technical forms of the current international mainstream varieties!
First, what we see is the daily graph of the dollar index.
As shown in the figure, the US dollar index rose and fell yesterday, but strengthened again today. Overall, there is still a long short competition within the community, with the opening price on July 6, 2023 (103.340) and the opening price on June 13 (103.620) now!
Now, let's look at gold.
Now you can see the daily chart of gold.
The figure superimposes the combination of gold's recent bottom-up golden section and Fibonacci parameter mean square!
As shown in the picture, gold surged yesterday, breaking through the daily 233 moving average and 21 moving average levels! So, for the rest of today, just use the opening price of $1919 from the previous month as an important intraday point operation! Above this position, long trading is the main focus; Below this position, short selling is the main focus!
Let's take a look at American crude oil.
What you are now seeing is daily level candle chart of US crude oil. The graph superimposes the recent bottom-up golden section of US crude oil and the Fibonacci parameter mean square combination!
As shown in the figure, US crude oil fell sharply yesterday, breaking below the recent bottom up gold split of 2.000 ($79.118)! So, for the rest of today, just use $77.9 as an important intraday point operation! Above this position, long trading is the main focus; Below this position, short selling is the main focus!
Let's look at EURUSD.
What you can see now is the daily chart of EURUSD.
The figure superimposes the combination of European and American currencies against the recent bottom of the golden section and Fibonacci parameter mean square!
As shown in the figure, the euro hit a recent low against the US dollar yesterday, with its lowest point hitting the daily 233 moving average and strengthening! Today, the euro was suppressed against the US dollar by the recent bottom against the gold split of 2.382 (1.08741)! So for the continuation period today, just use this position as an important point for operation during the day! Above this position, long trading is the main focus; Below this position, short selling is the main focus!
Finally, let's take a look at GBPUSD.
Now you can see the daily chart of GBPUSD.
The figure superimposes the combination of the recent bottom of the GBPUSD against the golden section and the Fibonacci parameter mean square!
As shown in the figure, the daily closing line of the pound against the US dollar showed a long downward shadow yesterday, and ultimately it still closed near the daily level 21 moving average (1.27267)! So for the continuation period today, we can continue to use the daily level 21 moving average (1.27267) as an important point for the day! Above this position, long trading is the main focus; Below this position, short selling is the main focus!
Well, the above is a quick inventory of the technical forms of the international mainstream varieties in today's European period!
Special reminder, Today is Thursday, and tomorrow evening there will be a speech by Federal Reserve Chairman Powell. Please pay attention to the risks!
Im Older Duan. Wish you happy win . Goodbye!