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Gold 3750 becomes a key resistance, Europe and the United States pay attention to weekly support gains and losses
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Hello everyone, today XM Foreign Exchange will bring you "[XM Foreign Exchange Platform]: Gold 3750 is a key resistance, and Europe and the United States pay attention to weekly support gains and losses." Hope it will be helpful to you! The original content is as follows:
Dollar Index
In terms of the performance of the US dollar index, the US dollar index showed an upward trend on Wednesday. The price of the US dollar index rose to 97.898 on the day, and fell to 97.176 on the lowest, and finally closed at 97.839. Looking back at the market performance on Wednesday, the price fluctuated slightly in the short term and then rose again during the early trading session. Recently, we have been emphasizing the focus on the pull-up of the US dollar index after the bottoming out. Yesterday, it was also successfully tested to the weekly resistance area, and the subsequent focus was on further continuing to maintain its stable performance.
From a multi-cycle analysis, the weekly level has recently been a key consolidation in the weekly line. Currently, the weekly resistance is in the 97.80 area. It is important to pay attention to whether this position can stand firm this week. Once it stands firm, the medium-term bulls will continue. From the daily level, as time goes by, the daily line is currently supported in the 97.40 area. We will pay attention to this position to stabilize and rise further. From the four-hour perspective, the current four-hour support is at 97.50. The price has already stood on the daily line and four-hour resistance yesterday. We will pay attention to the support in this area to further continue to rise. At the same time, the price will adjust downward in the short term in one hour. After the subsequent adjustment to key support, we will look at further rises. Pay attention to the 98-98.40 area above.
The US dollar index has a long range of 97.45-55, with a defense of 5 US dollars, and a target of 98-98.40
Gold
In terms of gold, the overall price of gold showed a decline on Wednesday, with the highest price rising on the dayIt fell to 3779.09 and fell to 3717.39 at the lowest point and closed at 3735.93. In response to the price of gold in the early trading session on Wednesday, the price continued to be revised and then rose. As the price tested the four-hour support position for the first time, the price rebounded. The price was weak during the European session and was under pressure, and then the US market fell below the four-hour support position of 3750. Yesterday, it also emphasized attention to the gains and losses of this position. Once the price broke down, it would continue to be under pressure, and finally the dark ended on the day. At present, looking at the early support and change resistance of gold 3750, we will focus on this position and bear pressure first.
From a multi-cycle analysis, first observe the monthly rhythm. The monthly price ended in August. Overall, the price is still running bullishly. From the long-term perspective, the 3000 position is the watershed of the long-term trend. The price can be treated more on the long-term. From the weekly level, the price has broken through key resistance after recent continuous fluctuations and has continued to hit a new historical high. Currently, the weekly long and short watershed is at 3445. The price is above this position and the medium line is treated more. From the daily level, we need to pay attention to the 3680 regional support for the time being, and the band above this position should be treated more frequently. From the four-hour perspective, yesterday's price fell below the four-hour support position of 3750, and this position became the current key resistance. Follow-up attention to this area first under pressure and decline. There is currently a volatile decline in one hour, so we will continue to pay attention to the pressure in the future, and pay attention to the regional support of 3712-3680 below.
Gold 3750-3755 is empty in the range, with a defense of US$10, and a target of 3712-3680
European and American
European and American prices generally showed a decline on Wednesday. The price fell to 1.1727 at the lowest point on the day, and rose to 1.1818 at the highest point and closed at 1.1737 at the lowest point. Looking back at the performance of European and American markets on Wednesday, the price was under short-term pressure at the previous day's high during the early trading session, and then showed a weak decline. The price successfully broke the daily support position on the same day. At present, the subsequent price will further decline.
From a multi-cycle analysis, from the monthly level, Europe and the United States are supported by 1.1060, so the price is treated with long-term bulls above this position. From the weekly level, the price is supported by the support of the 1.1700 area. This position is the long-shoulder watershed of the medium-term trend. Currently, there is a performance of breaking the weekly support, so the focus will be on the subsequent focus. From the daily level, yesterday's price fell below the daily support, then this position became a key resistance. As time goes by, the current daily resistance is at 1.1760. At the same time, according to the four-hour level, as time goes by, the current four-hour resistance is in the 1.1770 area, and we will pay attention to this area under pressure in the future. Currently, the four-hour and daily resistance resonate in the range of 1.1760-70. We will continue to pay attention to the pressure in this area in the future. We will focus on the gains and losses of the weekly support 1.1700 area. Once it breaks down, it will continue further.
Europe and the United States have a short range of 1.1760-70, defense is 40 points, target 1.1700-1.1660
[Finance data and events that are focused today] Thursday, September 25, 2025
①14:00 Germany October Gfk Consumer Confidence Index
②15:30 Swiss National Bank announced its interest rate resolution
③18 :00 UK September CBI retail sales difference
④20:20 Fed Gulsby delivered a speech
⑤20:30 Number of initial unemployment claims in the week from the United States to September 20
⑥20:30 US real GDP annualized quarterly rate final value
20:30 US real personal consumption expenditure quarterly rate final value
⑧20: 30 The annualized quarterly rate final value of the core PCE price index in the second quarter
⑨20:30 The monthly rate of durable goods orders in the United States in August
⑩21:00 The Federal Reserve Williams delivered a speech at the meeting
21:00 The Federal Reserve Schmid delivered a speech
22:00 The total number of existing home sales in the United States in August
22:00 The Federal Reserve Director Bowman asked about regulatory issues Talk to the topic
22:30 EIA natural gas inventory in the week from the United States to September 19
Federal Director Barr delivered a speech
01:00 the next day
Federal Daly delivered a speech
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