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'r h' >Mega Hengye Gold and Silver
Gold: The Asian market opened at . in early trading on Wednesday (Monday) and then fell slightly, recording an intraday low. Afterwards, the price of gold fluctuated upward. The European market continued its upward trend, and the long-short competition intensified, but the bulls were in control. The price of gold in the U.S. market rose strongly again, constantly refreshing the previous high and recording an intraday high. After that, it fell back after a surge, and the market dived in the short term, then stabilized and finally closed at.
Technically, the gold price on the daily chart continued its rising momentum on Tuesday. At the golden section of this rising market, it gained support and rose strongly, and for a time It challenged the golden section upward, but was jointly strangled by resistance such as the daily and daily moving averages and the golden section. It failed to hold the high position, but gave back about half of the gains. Today, it tends to continue to do long at low levels.
Spot Silver: The daily chart shows that silver prices continued their upward trend on Wednesday. Silver prices broke through the daily moving average resistance and continued to challenge the lows upward to the end of this rising market. .golden section, but failed to break through successfully. Instead, it encountered resistance and fell back to near the daily moving average. If it can hold the daily moving average today, it will rise again to the golden section. If it fails, it will fall back to the golden section. Source of crude oil, gold and foreign exchange quotations: New Zealand (Z) RD (Author: Dai Jing, analyst at the Financial Research and Development Center of Mega Hengye Group) Disclaimer: The above investment advisory opinions are for reference only and are not used as a basis for investment decisions. Investors should Decide on your own investment strategies and bear investment risks.
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