Think_More

2023.6.14 Daily European Perspective GOLD is about to test 1930

OANDA:XAUUSD   Gold Spot / U.S. Dollar
2023.6.14 Daily European Perspective

GOLD is about to test 1930 ?

Hello, I'm Older Duan. Today is Wednesday, June 14 2023.
Now it's 16pm 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 daily closing line of U.S. Dollar Index returned to below 144MA!

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 figure, gold remains relatively weak near the lower edge of the recent oscillation range! Then, in the subsequent period today, we can take today's opening price ($1943.89) as the important point of the day! Above this position, bulls dominate; Below this position, bears dominate!

Let's take a look at American crude oil.

What you are now seeing is 4-hour 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 rebounded upwards yesterday and today, but still did not return above the integer level of $70! Then, in the following time today, we can take the integer pass of $70 as the important point in the day! Above this point, bulls dominate; Below this point, bears dominate!

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, European and American currencies rose and fell against yesterday, still engaging in long short competition near the daily level of 144MA (1.07952)! Then this position will be used as the important point in the day ! Above this position, bulls dominate; Under this position, bears dominate!

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 pound US dollar showed an engulfed bullish line against yesterday's daily line, completely engulfing the previous day's decline! In the future, the opening price (1.26247) on May 11, 2023 will be taken as the important point of the day! Above this point, bulls dominate; Below this point, bears dominate!

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 Wednesday, and tomorrow morning there will be a Federal Reserve interest rate resolution and a speech by Federal Reserve Chairman Powell! Please pay attention to the risks!

Im Older Duan. Wish you happy win . Goodbye!

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.