11/02 deadly U.S. dollar price of gold, central banks and non-agricultural or waves
The dollar index rose sharply last week, full price of gold by its drag and drop, starting from last Monday unable to stand back to 1060 U.S. dollars upon the top of the beginning of a decline, in 1030 U.S. dollars fell below important technical support level, which only became supported; and last Thursday’s strong gains in crude oil prices and the dollar gains of taking, the gold once again bounced back to above 1040 U.S. dollars. 1059.9 U.S. dollars last week, the highest gold / ounce, the lowest 1025.7 U.S. dollars / ounce to close at 1044.9 U.S. dollars / ounce, compared to the previous Friday 1055.5 U.S. dollars / ounce, slightly down 10.6 U.S. dollars, weekly drop of 1%, week showed a sharp K line graph fell to a five-week moving average regression under long-lead small Yinxian. Last week, the highest hardware cost 1049 U.S. dollars / ounce, the lowest 1035 U.S. dollars / ounce to close at 1044.9 U.S. dollars / ounce, slightly higher than the previous trading day down 1.9 U.S. dollars, Japan 0.18% decline in the Japanese K Line showed a lower 10-day moving average oscillation under the order of long lead small Yinxian. Silver last week, up 17.76 U.S. dollars / ounce, the lowest 16.08 U.S. dollars / ounce, to close at 16.29 U.S. dollars / ounce, compared with the previous Friday dropped 36 cents to 17.65 U.S. dollars, weekly decline 2.03%, week extension of the line graphics showing a sustained five-week moving average down of the Yin Xian. Silver last Friday up 16.73 U.S. dollars / ounce, the lowest 16.15 U.S. dollars / ounce to close at 16.29 U.S. dollars / ounce, down 37 cents, substantially higher than the previous trading day, day drop 2.22%, Japanese K Line presents a moving average around 5 60-day moving average continued to fall down the middle Yinxian. The dollar index last Friday up 76.40, minimum 75.83, to close at 76.39, slightly higher than the 42 points the previous session, rose 0.55% on the Japanese K Line was an oscillation in the day moving average rising long intensive area under the lead of small Yang Xian. Crude oil last Friday intraday high of 80.21 U.S. dollars / barrel, the lowest 76.85 U.S. dollars / barrel to close at 77 U.S. dollars / barrel, higher than the previous trading day plunge 287 cents, or 3.59%, Japan presented an extension of K Line 5 average significantly down and completely swallowed all the gains the previous day’s long Yinxian form.
Federal Deposit Insurance Corporation (FDIC) last Friday announced the closure of California National Bank 9 Bank, the highest since the financial crisis, the largest bank failure since the single-day record that non-performing loans continued to weaken some of the U.S. banking entity. This nine bank failures are part of the latest U.S. bank holding company FBOP. In the nine banks, National Bank of California’s largest, with over 70 billion dollars in assets and 68 branches, is the fourth largest commercial bank in Los Angeles, is this year’s fourth-largest U.S. bank failure. FDIC usually held Friday announced the closure of bank’s decision to take advantage of weekend time to deal with asset transfer. One day shut down nine banks, which is FDIC since last year since the financial crisis, the largest action taken. This nine-date with the closure of banks, this year has been 115 U.S. bank failures, the highest single year since 1992, the highest number of failures, the market is expected to have more banks failing.
As investors worried about the global economic recovery, emotional suppression, including the stock market, commodities and high yielding currencies, including risk assets, the dollar rebounded sharply in the past week. Although the dollar rally may be tested this week, but this can hardly be expected to gain momentum interrupted, the market will focus on include a number of central banks, including the Federal Reserve interest rate meeting, high-profile U.S. October non-farm employment data, and 20 Group (G20) Finance Ministers Meeting. There are four major central banks this week announced interest rate decision, RBA were Tuesday’s, Wednesday’s Federal Reserve, and Thursday the Bank of England and European Central Bank, in this context, the major currencies is expected to increase volatility, trading range is also will widen. U.S. October non-farm employment data scheduled for release Friday, the date of G20 finance ministers and central bank governors will also be in St Andrews in Scotland began a two-day meeting. Federal Open Market Committee (FOMC) will be held this week 2 and Wednesday to discuss interest rates, expected FOMC will keep interest rates near zero, but may be adjusted after the statement of the terms, the market will be interpreted as leading to the final after the statement the first step towards raising interest rates. After the recent Fed statement has been committed to a longer period of time to maintain interest rates at record basis points. If the stock market to make changes to the wording of the negative reaction, and higher yields due to the expected future interest rates rise, the dollar will benefit. Even if the Fed does not change interest rates Wednesday, to some extent the Fed will begin to consider lifting the loose monetary stance. If the statement after some minor wording changes, reflecting the tendency of the Fed’s change of stance, the dollar will benefit. Other central bank interest rate meeting, the market expects the ECB will not change interest rates, but may consider lifting the part of the emergency response. ECB Management Board, Deutsche Bundesbank President Axel Weber said last Thursday, the European Central Bank will be announced in the near future from the expansionary monetary policy in the exit strategy. Bank of England interest rate changes will not make the same resolution, but investors will focus on whether the Bank of England would expand its asset purchase program. A recently released City of London economists survey, 2 / 3 of economists expect the Bank of England Monetary Policy Committee (MPC) this week’s interest rate decision to vote at meetings of 175 billion pounds to expand the quantitative easing plans to expand the range of at least 250 billion pounds. In addition, economists widely expect the RBA will raise the benchmark interest rate by 25 basis points after the Fed meeting in October unexpectedly raise interest rates by 25 basis points to 3.25%. Week 5 will be released in October the U.S. non-farm employment data, accept the authority of the media survey showed the median forecast of economists, the U.S. October non-farm employment is expected to decrease by 17.5 million people, the unemployment rate is expected to rise 9.9% . If the United States in October nonfarm payrolls fell more than expected, or the unemployment rate rose to 10% or more of the dollar will benefit.
Concerned about this week’s important data and events, Monday the United States in October ISM manufacturing PMI, the U.S. contracted in September NAR existing home sales index; Tuesday’s U.S. factory orders in September, the U.S. September durable goods orders were revised value Reserve Bank of Australia monetary policy meeting on interest rates and resolutions; Wednesday the euro zone in September producer price index, the United States in October ISM non-manufacturing index, changes in U.S. crude inventories last week, EIA, the U.S. Federal Open Market Committee meeting last day Short-term interest rate decision announcement and policy statement; Thursday the euro zone in September retail sales, the United States the number of jobless claims last week, the ECB Management Board meeting and announced interest rate decision, Japan’s central bank announced Oct. 13-14 monetary policy meeting record, the Bank of England Monetary Policy Committee announcement, interest; Friday after the transfer of German manufacturing orders rose 9 U.S. October non-farm employment change in unemployment rate in the United States in October, the U.S. manufacturing employment change in October, the United States in September wholesale inventories, the U.S. wholesale sales in September, the RBA issued a monetary policy statement.
Dollar rebounded strongly restricts the development of the recent gold price, gold price in the fourth week of training before the end of the pattern of sun; also affected by the economic uncertainty, gold once again displayed some recent U.S. and global stock market performance following the moving of the linkage relationship, but after the stock market continued to fall there is a certain demand for safe-haven buying of gold, so even though the stock market sharply lower, while gold prices also remain relatively strong defensive capabilities; and crude oil by consumer spending downturn and the recent economic recovery in confidence weakened, and our concern to reproduce on demand for crude oil, crude oil prices dragged down gradually deviated from the one-year high in the nearby area, drop in crude oil prices to the price of gold has also constructed some downward pressure. Federal Open Market Committee (FOMC) will be held next Tuesday and Wednesday to discuss interest rates, expected FOMC will keep interest rates near zero, but may be adjusted after the wording of a statement. Market the dollar slowly began to raise interest rates expected breeding, which will suppress the gold price to a greater extent on continued upward momentum. In sum considering the price of gold under the influence of multiple factors likely to remain under pressure this week, but still maintain good order defensive performance. If no major special factors, the formation of gold in 1070 U.S. dollars of short-term high-point range to become a fatal strategic pass in the near future gold embargo, and gold finishing on the actions of the basic trend of failure recently, investors continued to adjust downward the probability of finishing increased. But if gold falls below 1030 U.S. dollars effective again, gold will likely further push 1000 U.S. dollars mark. Gold below support at 1,038 U.S. dollars today, and 1031 U.S. dollars; the top of the pressure at 1050 dollars and 1056 U.S. dollars.
today (1102) Trader guide:
oscillation between the development of gold in 1021-1063, the development of silver in the oscillation between 15.5-107.0.
Current gold price volatility, or to expand and accelerate, all investors are strictly according to their risk tolerance, stop. Also choose gold, silver, crude oil, the euro, copper, zinc, platinum, index futures, Hong Kong stocks, Wall Street and many other varieties of portfolio investment to maximize the lower investment risk, make a reasonable return on investment is relatively protected. For various types of gold investment products more timely, detailed and accurate access to market price or the operation of the proposed portfolio of programs, please contact a senior investment adviser http:// www.blog.163.com/huangjintouzi/
MSN: huangjintouzi@hotmail.com
QQ: 365689510
Mr. Liu
Agencies Hotline 13818015566
(All rights reserved please and I should contact)
04/20 of hatred bring disaster to the euro as gold, gold miscues continue down
The overall price of gold fell sharply last week, after several weeks of the first half last week to break through 900 U.S. dollars has no hope of an integer mark the blockade, long given up completely on the offensive began last Thursday, the continuous decline in the euro price of gold is added to a great The downlink power, after the price of gold fell below 880 U.S. dollars to accelerate downward. Last week, gold up 900 U.S. dollars / ounce, minimum 864 U.S. dollars / ounce to close at 867.9 U.S. dollars / ounce, compared to the previous Friday 881.3 U.S. dollars / ounce plunge 13.4 U.S. dollars, weekly decline 1.51%, Zhou K line graph showing a delay five-week moving average continued to plunge in the fourth week of the Yin Xian. Last week, the highest price of 876.5 U.S. dollars Hardware / ounce, minimum 864 U.S. dollars / ounce to close at 867.9 U.S. dollars / ounce, slightly higher than the previous trading day down 7.5 U.S. dollars, Japan 0.86% decline in the Japanese K Line 5 presents an extension of continuous average down and continue to move closer to the 200-day moving average small Yinxian. Silver last week, up 12.93 U.S. dollars / ounce, the lowest 11.80 U.S. dollars / ounce, to close at 11.86 U.S. dollars / ounce, compared with 12.34 U.S. dollars the previous Friday plunge 48 cents, 3.89% decrease week, week extension of the line graphics showing a sustained five-week moving average a drastic drop in the fourth week in Yin Xian. Silver last Friday up 12.27 U.S. dollars / ounce, the lowest 11.80 U.S. dollars / ounce to close at 11.86 U.S. dollars / ounce, significantly higher than the previous trading day down 35 cents, on 2.87% decline in the Japanese K Line 5 presents an extension of MA continuous decline of the Yin Xian. The dollar index last Friday up 86.03, minimum 85.11, to close at 86.02, significantly higher than the 81 points the previous session, rose 0.95% on the Japanese K Line extension on the 5th was a continuing rebound in Yang Xian MA.
Crude oil last Friday intraday high of 51.37 U.S. dollars / barrel, the lowest 49.41 U.S. dollars / barrel to close at 50.33 U.S. dollars / barrel, slightly higher than the previous trading day up 35 cents, or 0.70%, on average K line showed a dense area in the oscillation finishing on the lead long form small Yangxian. Last Friday U.S. crude oil continues to 50 U.S. dollars / barrel near the correction, the current oil market is very quiet, but the 50-day moving average on the rise, once the correction over, oil prices continue to rise it may be. The dollar continued to rebound in crude oil prices to bring about negative effects.
The recent series of quantitative easing by the ECB is expected to hit the euro last Friday suffered another setback, but the “culprit” is the European Central Bank President Jean-Claude Trichet, he hinted that the ECB will be announced at the May meeting of the quantitative easing policy Not only that, he gently expressed to allow the market to further push down the euro / dollar words, by this negative factor against the euro / dollar last Friday fell to a month low, the fourth consecutive decline. European Central Bank President Jean-Claude Trichet speech last Friday, said the euro zone economy, the banking sector plays a very important role in leading, so now need to implement unconventional measures, but he felt this needed careful consideration. Trichet also said that in Europe, the banks providing credit to businesses and consumers has played a very big leading role, it is necessary through intervention and banks to implement the active participation of non-conventional measures. Although Trichet made the statement, but within the European Central Bank policy direction for the future of serious differences, the next step around the European Central Bank uncertainty weighed on the euro. Face the most serious situation since World War II, European Central Bank Management Committee 22 members are still in the next step should be debating the policies adopted, such a policy on the market are much worried about the delay, fearing the delayed introduction of new measures to promote The timing of economic recovery. Trichet’s remarks mean that he actually allowed the market to further push down the euro / dollar exchange rate.
After many of the week after economic data, U.S. economic data this week will be relatively scarce, but data on the housing market will be the focus of the market. U.S. housing market is the root of this recession, there are some signs that the housing market is bottoming out, so investors in the housing data will continue to improve particular concern. First housing data will be released at 22:00 GMT Thursday the United States in March NAR existing home sales data, the market is expected to United States in March NAR existing home sales to an annualized total of 4.72 million from February fell slightly 4.7 million. 22:00 GMT Friday will release the United States in March new home sales data. Market is expected to total U.S. March new home sales will be from 2 years of the month fell to 328 000 337 000. Early last week for unemployment benefits fell unexpectedly sharply, investors will be particularly concerned about the improvement of the sustainability of the momentum, the market expects the U.S.
On April 18 when the number of claims for unemployment benefits will be from 61 million last week rose to 64.3 million, the data set published in Beijing Thursday 20:30. 20:30 GMT Friday will release data on U.S. durable goods orders in March, the market expects the data will fall on rate of 1.5% in February after a revised rise of 3.5%.
Concerned about the week’s key data and events, Monday’s U.S. Conference Board leading indicators in March; Tuesday in April the German ZEW economic sentiment index, released in April Reserve Bank of Australia monetary policy meeting, Bank of Canada interest rate decision announcement indicators; Wednesday the United States EIA crude oil inventories last week changes, announced in April the Bank of England monetary policy meeting 8-9 record, the International Monetary Fund (IMF) released a semi-annual Global Financial Stability Report; Thursday the euro zone current account in February, the euro area in February Industrial orders, the United States the number of jobless claims last week, the United States in March NAR existing home sales; Friday’s German Ifo business climate index in April, the United States in March durable goods orders, the total number of U.S. March new home sales in of the Group of Seven (G7) finance ministers and central bank governors meeting.
After several upside 900 U.S. dollars last week, no hope of gold after the fall turned to start one. No time last week, updated daily family day surgery patient assessment, so a few more gold I used to read comments of people who have regretted the article, glad the week last week, gold is still as assessment of expected weak below 900 U.S. dollars to maintain order, not effectively breakthrough ushered in the more empty side selling chase. Recently, it also suffered the lawless bandits stalking, threats and extortion, in understanding and do not know many friends and police help has saved the day together. Life is full of many unpredictable variables in the investment market in this, the recent gold price decline of non-stop comedy has glory is not difficult to reproduce the strong early momentum. European Central Bank may be introduced very policy measures and the worsening outlook for interest rates will no doubt become the gold next great period of time to face the negative factors, intensified the downward pressure on the euro boosted the dollar, the dollar rose to become core element of the recent gold price down. U.S. stocks rose gold hedging demand weakens, the world’s gold exchange-traded fund (ETF) holdings of physical gold assets constant, the International Monetary Fund (IMF) might sell gold and so many negative factors are for gold with straight setback. From the technical point of view, from October 24, 2008 to commence gold 681.7 U.S. dollars to stabilize rebound lasted nearly four months, up to February 20, 2009 high of 1005.3 U.S. dollars after the start of a callback, 881 U.S. dollars in the nearby area is the wave of the 0.618 retracement of the rally, despite struggling in this area again a few days eventually lost, but the market outlook to further test a low 50% retracement of the 843 U.S. dollars the possibility of the region growing. Embattled gold in the 50% retracement of defense near the critical region, should the price of gold might also fall into the 0.382 retracement of the abyss. From the morphological point of view, to February 20, 2009 to 1,005.3 U.S. dollars at the core of the head and shoulders top has been formed, gold really been extended to maintain the shape down the situation, and since February 20 from a medium-term downward channel remains intact, gold in order to start this channel is down. Despite the long-term bullish on gold, but before the advent of the new hot spot to buy gold now more difficult to get rid of the negative impact of weakness. Gold below support at 861 U.S. dollars today, and 855 U.S. dollars; the top of the pressure in the 873 U.S. dollars and 879 U.S. dollars.
today (0420) Trader guide:
oscillation between 843-889 gold on the development of silver in the oscillation between 11-12.6 development.
Current gold price volatility, or to expand and accelerate, all investors are strictly according to their risk tolerance, stop. Also choose gold, silver, crude oil, the euro, copper, zinc, platinum, index futures, Hong Kong stocks, Wall Street and many other varieties of portfolio investment to maximize the lower investment risk, make a reasonable return on investment is relatively protected. For various types of gold investment products more timely, detailed and accurate access to market price or the operation of the proposed portfolio of programs, please contact a senior investment adviser http:// www.blog.163.com/huangjintouzi/
MSN: huangjintouzi@hotmail.com
QQ: 365689510
Mr. Liu
Agencies Hotline 13818015566
(All rights reserved please and I should contact)
02/16 breakthrough gains 950 gold or hard stops, monetary policy affects the market
Last week, gold prices have pushed up the overall safe-haven buying again showed a substantial rise in gold postponed last Monday’s weakness before the region fell to 890 U.S. dollars; of buying the 890 U.S. dollars to stabilize after the recovery of 900 U.S. dollars on the last Tuesday an important juncture integer accelerated after the price of gold is rising, last Tuesday, last Wednesday and last Thursday of an ongoing strong move up gold to break through 950 U.S. dollars once an important port; and important juncture in the breakthrough after 950 U.S. dollars Gold greet some were profit-taking pressure, last Thursday launched a certain narrow range of callback. Last week, gold up 952 U.S. dollars / ounce, the lowest 891.2 U.S. dollars / ounce to close at 941.3 U.S. dollars / ounce, compared to the previous Friday 911.3 U.S. dollars / ounce soared 30 U.S. dollars, rose 3.29% week, Zhou K line graph showing an in We got a five-week moving average support a strong argument under the substantial rise in long-Yang Xian. Last week, the highest price of 948.4 U.S. dollars Hardware / ounce, the lowest 932.4 U.S. dollars / ounce to close at 941.3 U.S. dollars / ounce, slightly higher than the previous trading day down 6.3 U.S. dollars, Japan 0.66% decline in the Japanese K Line presents a continuing surge in moderate back transferred to 5-day moving average regression under long-lead small Yinxian. Silver last week, up 13.75 U.S. dollars / ounce, the lowest 12.72 U.S. dollars / ounce, to close at 13.63 U.S. dollars / ounce, compared with the previous Friday soared 55 cents to 13.08 U.S. dollars, rose 4.20% week, weekly line graph showing an extended five-week moving average continued sharp rise in the fourth week under the lead of Yang Xian long. Silver last Friday up 13.71 U.S. dollars / ounce, the lowest 13.15 U.S. dollars / ounce to close at 13.63 U.S. dollars / ounce, slightly higher than the previous trading day up 12 cents, gains 0.89% on the Japanese K Line 5 presents an extension of MA Under continuing sharp rise in long-lead small-Yang Xian. The dollar index last Friday up 86.21, minimum 85.62, to close at 85.89, down 69 points, significantly higher than the previous trading day, day decline of 0.80%, Japan K line was a return of the 5 day moving average small Yinxian.
Crude oil last Friday intraday high of 38.25 U.S. dollars / barrel, the lowest 33.81 U.S. dollars / barrel to close at 38.01 U.S. dollars / barrel, sharply higher than the previous trading day 401 cents, or 11.86%, showing an extension on K line strength 5 MA Yang Xian surge in form. OPEC cut crude oil prices expected to bring some support. Organization of Petroleum Exporting Countries (OPEC) monthly report released last Friday showed that the economic crisis deepens, 2009 world oil demand will fall more than previously expected. This may lead to further cuts. The report shows that world oil demand in 2009 will drop 58 million barrels / day to 8,513 barrels / day. Previous forecasts predicted a drop of 18 million barrels / day. Report, world oil demand will continue the momentum of last year’s decline, and at least three quarters in 09 years ago, continued to decline. However, OPEC still on the decline in demand forecasts and the International Energy Agency (IEA) forecast a serious one. IEA Wednesday forecast 2009 world oil consumption will drop 98 million barrels / day. OPEC report also predicted its 2009 world oil demand dropped last year 170 million barrels / day drop in more than previously projected 140 million b / d. January, OPEC cut a total of 96.5 million barrels / day to 2,633 barrels / day, the OPEC production target is still higher than 2484 barrels / day. This means that OPEC has already cut 65% of the implementation of goals. OPEC oil ministers will be
March 15 meeting in Vienna next meeting to develop output policy.
The U.S. Congress last Friday night local time in the United States finally ratified the Obama administration’s 787 billion U.S. dollars in economic stimulus plan, hopes the federal government through tax cuts and increased spending to help the U.S. economy out of the quagmire. The plan to be submitted to President Obama, is expected to be signed this week. U.S. White House official said yesterday that President Obama will sign this week, two congressional vote in Denver, the 787 billion U.S. dollars through the economic stimulus plan. Under the economic stimulus plan, the U.S. government will be unemployed welfare, renewable energy projects, highway construction, unemployment and poverty, food aid personnel, broadband construction, education, high-speed railway construction and many other large projects to spend about 5000 billion dollars. This may lead to the U.S. debt limit increase to 12 trillion or so. The plan in the most important elements include: personal income tax cut for American citizens, as individuals cut 400 U.S. dollars for 800 U.S. dollars per couple tax cut; as retirees, disabled veterans and other groups that pay no income taxes per person subsidies to provide USD 250; to provide enterprises with a number of tax breaks, including allowing faster write-off of business equipment purchased during the year 2009, for the production or investment in renewable energy companies to provide tax incentives to cut business tax so companies. In addition to the above, the economic stimulus package also contains restrictions on the content of corporate executive pay. U.S. lawmakers said more details on the plan will be signed with the further disclosure of Obama.
The introduction of the U.S. economic stimulus plan can be described as tortuous, much-anticipated final economic stimulus bill this week, Obama will be implemented after the signing of a paper, it was pleased the number of investors, but the practical effect of waiting time needed test. In addition, the market may be concerned about the Federal Reserve (FED) Chairman Ben Bernanke will deliver a speech Wednesday, Federal Reserve Open Market Committee (FOMC) will announce a record last month to discuss interest rates. In January’s interest-rate meeting, the Fed said ready to buy U.S. Treasury bonds. Now, the market FOMC members were eager to learn the intensity of debate, and the Federal Reserve for more details of the plans.
Concerned about this week’s important data and events, Monday’s European Central Bank (ECB) President Jean-Claude Trichet will deliver a speech, the market will be focused on this care to a search for the bottom line and whether the interest rate may be clues to the quantitative easing policy; The euro rose Tuesday 12 after transfer / trade account is not seasonally adjusted, the United States in February the New York Fed manufacturing index; Wednesday the United States in January housing starts, building permits the United States in January of the total number of years, the United States in January industrial output, the Bank of England announced 4 to 5 February monetary policy meeting; Thursday the United States in January Producer Price Index, U.S. jobless claims early last week, the United States in February Philadelphia Fed manufacturing index, released the Bank of Japan interest rate decision, the Fed announced a 27 to 28 monetary policy meeting; Friday’s U.S. January consumer price index.
Strong demand in the promotion of safe-haven buying, the price of gold last week topped 950 U.S. dollars to important technical barrier, the U.S. economic stimulus plan to be difficult to completely reduce the market by the gold assets of the hedging demand conditions or the global economic downturn will be throughout 2009. This the most serious since World War II economic downturn impact on the world’s financial sector, the market’s risk aversion is more difficult diluted in a short time, accompanied by the occurrence of the relevant political and economic events, will also stimulate the unexpected moments More hedge funds into the market for precious metals. Crude oil prices stabilized and the resurgence of the commodity market will stimulate the overall warming, which will also bring another gold to support the momentum buying. Monday is the anniversary of the U.S. market closed for the President of the United States, the market momentum may be significant impact, real gold plate to be further consolidation. Although short-term can not be excluded on the possibility of further correction, but as long as gold can be firmly Shouwen above 933 U.S. dollars, the overall upward trend remains intact, re-challenge of 950 U.S. dollars were raised pressure range of the bottleneck will become relatively easy; and Should the buying gold below a certain support to re-break and after the recovery of 950 U.S. dollars range, it will attract more capital inflow to follow up, the future price of gold will soon be time to break through 980 U.S. dollars continued to triumph all the way. Gold below support at 937 U.S. dollars today, and 933 U.S. dollars; the top of the pressure in the 948 U.S. dollars and 953 U.S. dollars.
today (0216) Trader guide:
oscillation between 918-965 gold on the development of silver in the oscillation between 12.8-14.4 development.
Current gold price volatility, or to expand and accelerate, all investors are strictly according to their risk tolerance, stop. Also choose gold, silver, crude oil, the euro, copper, zinc, platinum, index futures, Hong Kong stocks, Wall Street and many other varieties of portfolio investment to maximize the lower investment risk, make a reasonable return on investment is relatively protected. For various types of gold investment products more timely, detailed and accurate access to market price or the operation of the proposed portfolio of programs, please contact a senior investment adviser http:// www.blog.163.com/huangjintouzi/
MSN: huangjintouzi@hotmail.com
QQ: 365689510
Mr. Liu
Agencies Hotline 13818015566
(All rights reserved please and I should contact)
06/02 fight long and short 980 gold, the dollar has stabilized to bring pressure
Monday gold Xianyanghouyi, extended early gains last week of inertia on the fast dash up approaching 990 U.S. dollars once the dollar has fallen too far to stabilize after the price of gold has stimulated a small amount of profit-taking began living on the market, gold prices important technical levels fell below 980 U.S. dollars. Gold on Monday touched intraday high of 988.5 U.S. dollars / ounce, the lowest test a low 973.1 yuan / ounce, to close at 974.4 U.S. dollars / ounce, slightly higher than the previous trading day down 4.4 U.S. dollar, Japanese 0.44% decline, was a red line on K down to 5 high return long on average lead small Yinxian. Silver up on Monday touched 15.96 U.S. dollars / ounce, the lowest test a low 15.52 U.S. dollars / ounce, to close at 15.56 U.S. dollars / ounce, slightly lower than the 12 cents the previous day, day decline of 0.76%, Japan was a finished lower K Line 5 MA to return to long-on lead small Yinxian. The dollar index touched 79.46 on Monday the maximum, minimum test a low 78.59 cents at 79.21, down slightly compared with the previous trading day 8, day decline of 0.10%, Japan presented an extension of K Line 5 moving average trend continues to decline, but declines significantly delay under long-lead small Yinxian.
Crude oil Monday intraday high of 68.68 U.S. dollars / barrel, the lowest 66.23 U.S. dollars / barrel to close at 68.06 U.S. dollars / barrel, sharply higher than the previous day of 175 cents, or 2.63%, Japan presented an extension of K Line 5 moving average continued to rise sharply of the Yang Xian form. By stock prices and the continuing global economic recovery is expected to boost crude oil prices Monday, following last month recorded 10 years after the biggest monthly rise up trend to continue to expand. Total international oil prices in May rose 30%, the highest since early November last year, the highest level, at the same time, OPEC (OPEC) meeting last week, also states that it is unlikely to act quickly to curb oil prices rebounded. Speculators has expanded its New York Mercantile Exchange (NYMEX) oil futures contracts net long positions, more than 40,000 hands, the highest since record in February, reflecting the expected rise in oil prices will increase. Oil and base metals investors now expect the economy are likely to show a decent “V” shaped rebound, but the risk is that if economic data continue to support this view is not, then the market will result in frustration of economic recovery, which will lead to oil prices Back to the setback.
U.S. Department of Commerce announced Monday, boosted by the economic stimulus plan, the United States unexpectedly rose in April personal income; April personal spending declined, while the 50-month savings rate rose to the highest level recorded since. Seasonally adjusted, the United States in April the rate on personal income rose 0.5% in March after a revised personal income fell 0.2%, down 0.3% in the preliminary data. April personal spending fell 0.1% monthly rate. Personal spending in March after a revised decline of 0.3%, down 0.2% in the preliminary data. Economists had expected the U.S. April personal income and personal spending fell 0.2% on rates. April disposable personal income increased 1.1%. The Commerce Department said personal savings in April in personal disposable income share of 5.7% for February 1995 reached the highest level since 5.9%; in March compared to 4.5%, 4.1% in February . April size of 6,202 personal savings billion, in January 1959 began to record its highest level since the data. In addition, the U.S. April personal consumption expenditures price index (PCE) increased 0.1% monthly rate. PCE was unchanged in March month. April PCE rose 0.4% annual rate, in March rose by 0.6%. April excluding food and energy rose 1.9% annual rate of core PCE, rose by 1.8% in March. April core PCE rose 0.3% monthly rate, in March rose by 0.2%.
Institute of Supply Management (ISM) 1 to data released, as new orders increased, the United States in May shrinking manufacturing sector is slowing down. May ISM manufacturing index rose to 40.1 months 42.8,4; forecasters had expected, in May ISM manufacturing index to 41.5. The index below 50 indicate contraction of manufacturing activity. The new orders index rose in May compared with 47.2 51.1,4. May 46.0,4 production index rose to 40.4 months. May the employment index for the month was 34.4 34.3,4. May inventory index for the month was 33.6 32.9,4 . May 43.5,4 price index for the month was 32.0.
U.S. dollar in May trend stunning horrific crash of the dollar index in May 1985 to record the biggest monthly decline. As the market hope for economic recovery, while the financial situation of the United States concerns still exist, and prompted investors to shift money out of U.S. dollars, speculators still Dajian short dollar positions, the U.S. dollar early in June is still very dangerous trend and may continue in May suffered big sell-off trend. U.S. dollar against major currencies have recently hit a new low for months, has led to sustained dollar decline into madness of extreme oversold condition, selling U.S. dollar assets if there are excessive popular market controversy; It is noteworthy that the U.S. government will begin an oral intervention to support strong dollar policy. First visit to China since taking office Monday, said U.S. Treasury Secretary Timothy Geithner, the Chinese hold U.S. dollar assets are safe, and reiterated the position of the United States adhere to a strong dollar, the Chinese government to continue efforts to reduce the dollar assets security fears. With market focus turning to the financial health of the United States and the Government’s response to the financial and economic crisis, measures are being questioned, the Federal Reserve (Fed) on the response of the financial worries will be a key factor affecting the dollar. Federal Reserve Chairman Ben Bernanke this week, three will be published in the Congressional testimony on the fiscal budget. Data from a series of heavyweight investors, the Federal Reserve Bank of meetings and activities of a new round of bonds for trading clues to purchase. This week there will be a lot of U.S. economic data released, the focus will be Friday released in May U.S. payrolls data, which are expected in May non-farm employment will reduce the 51.7 million people, the unemployment rate will rise from 8.9% 9.2%, the data is expected to consolidate the worst global economic recession is over the views. In addition, four European and British central banks this week are to be announced monetary policy. Both the central bank is widely expected to keep interest rates will remain unchanged, the focus is whether the central bank will expand non-traditional initiatives, particularly the rise in long-term bond yields is increasing the pressure under the circumstances.
In recent weeks, signs of improvement in the global economy has been cooling the dollar safe-haven buying, the dollar suffered a setback; U.S. dollar against major currencies in 2008 has jumped nearly 6%. Dollar fell sharply boosted crude oil, stock market, and gold continued to soar. Gold’s gains strength near phase is due to sharp decline in the dollar led inflation expectations are not the driving force generated, so the trend continues for some time gold and the dollar will be closely related. Federal Reserve (Fed) on the financial worries the dollar’s reaction will be a key factor in later movements, as well as foreign investors adjusted positions on the major currencies of staff may cause great turning point, need special attention. The first setback at 990 U.S. dollars gold region, and 980 U.S. dollars is the more important technical barrier, destined both long and short range will carry some of this consolidation, both absorb some profit-taking pressure. Gold Chong Guan thousand mark for the second time this year, this year Feb. 20 gold hit 1005.3 U.S. dollars; and after
March 17, 2008 was 1032.9 U.S. dollars gold hitting a historical record high price of gold the same year on July 15 and again washed off, but without success at 988.3 U.S. dollars. Thousand integer mark a great psychological impact on investors, the market higher at this juncture points of disagreement, and market performance are more cautious, ahead of further consolidation in the 980 U.S. dollars mark. Do not rule out short-term U.S. dollar, or showing a part of the oversold market after the amendment, which would be to bring about negative impact of gold to make gold in the 980 U.S. dollars continued consolidation area, but keep hold profits back Should the price of gold spit hit the plate to be consolidation in the 980 U.S. dollars, gold is expected to be washed off the thousand dollars. But if the 980 U.S. dollars continued to fall, the price of gold increased risk of short-term fall of the callback. Gold below support at 971 U.S. dollars today, and 965 U.S. dollars; the top of the pressure in the 984 U.S. dollars and 993 U.S. dollars.
today (0602) Trader guide:
oscillation between 953-999 gold on the development of silver in the oscillation between 14.8-16.3 development.
Current gold price volatility, or to expand and accelerate, all investors are strictly according to their risk tolerance, stop. Also choose gold, silver, crude oil, the euro, copper, zinc, platinum, index futures, Hong Kong stocks, Wall Street and many other varieties of portfolio investment to maximize the lower investment risk, make a reasonable return on investment is relatively protected. For various types of gold investment products more timely, detailed and accurate access to market price or the operation of the proposed portfolio of programs, please contact a senior investment adviser http:// www.blog.163.com/huangjintouzi/
MSN: huangjintouzi@hotmail.com
QQ: 365689510
Mr. Liu
Agencies Hotline 13818015566
(All rights reserved please and I should contact)
05/19 ETF lack of fund buying, 5 day MA is still deadly blockade
Mon few important data without the United States announced the gold ETF fund buying interest, gold continued to build into a certain lack of downward pressure, no hope of gold in the 935 U.S. dollars upside down after reversal, a long time entrenched in the session below 920 U.S. dollars . Gold on Monday touched intraday high of 933.8 U.S. dollars / ounce, the lowest test a low 915.5 yuan / ounce, to close at 918.4 U.S. dollars / ounce, higher than the previous trading day plunge 13.2 U.S. dollars, Japan 1.41% decline in Japan was an extension of K Line 5 MA plunge and drop below the 10th MA’s in Yin Xian. Silver up on Monday touched 14.07 U.S. dollars / ounce, the lowest test a low 13.63 U.S. dollars / ounce, to close at 13.72 U.S. dollars / ounce, 23 cents higher than the previous trading day plunge, Japan 1.64% decline in the Japanese K Line presents an extension of 5 MA continued to plunge on a long lead in Yin Xian. The dollar index touched 83.22 on Monday the maximum, minimum test a low 82.54 cents at 82.57, slightly higher than the previous trading day down 39 points, on 0.47% decline in the Japanese K Line presents an oscillation around the 5 moving average on the order of long lead small Yinxian .
Crude oil Monday intraday high of 59.33 U.S. dollars / barrel, the lowest 56.12 U.S. dollars / barrel to close at 59.03 U.S. dollars / barrel, sharply higher than the previous trading day 269 cents, or 4.77%, Japan presented a K line oscillations around the average rise of 5 Long Yang Xian form. Organization of Petroleum Exporting Countries (OPEC) President, Angolan Oil Minister De Vasconcelos, said last Friday, more stringent performance targets OPEC supply is essential to stabilize the oil market, he added, supply and demand fundamentals remain very weak . De Vasconcelos said in a statement: “adhere to the production agreement to better perform in stability of oil in our efforts to market is still very important.” He believes that oil market fundamentals remained weak, declining demand and land and in marine stocks remain at very high levels. Iran – President Mahmoud Ahmadinejad on the 18th that Iran believes that oil prices should be 80-90 dollars a barrel more appropriate. Ahmadinejad – Ahmadinejad said, given the current global situation and the foreign exchange market turmoil, Iran believes that the most suitable crude oil prices around USD 80-90 per barrel. According to Mehr reported that Ahmadinejad – Ahmadinejad expressed on the global oil producers will one day be able to independently determine the wishes of crude oil prices.
White House Office of Management and Budget (OMB) director Peter – Orszag said recently, Jingji the most serious recession of Jieduansihu Yijingjieshu, Dan He warned against signs of economic recovery, promote Huo delay Zuo Wei Bao Zhang Yi Liao health policy reform reasons. Orszag said the decline in economic free fall style seems to have stopped, just like the sun through the trees in the wisp has been shining, but not yet out of danger, there is more work to do. He said despite the economic crisis, but this year will include Barack Obama on health care through health plans. Orszag said the White House Management and Budget will update in the coming months according to plan the budget forecast, while the White House is prepared to revise the budget to reflect the higher than expected unemployment problem, the U.S. economy appears to have bottomed out and the improving economy and the United States to change the way medical services will help reduce the federal deficit. Orszag said that health care reform must be for 5 years or 10 years of deficit neutrality, and the long term to make significant improvement in the deficit, and therefore its health care reform is working to ensure the financial self-sufficiency, and over time goes to the family and the federal government reduce costs. Aozha Ge said that the U.S. health insurance system reform, there is no time to waste. The agency plans to complete the matter in 2009 instead of further research.
European Central Bank governing Puluoaobo Ross said that although some positive signs recently, but euro zone economies such as the recovery and restore strong growth take time. Puluoaobo Ross pointed out that the recent euro-zone economy and financial markets within the measure of the confidence indicators reveal some positive signals, suggesting that these so-called budding economic recovery may be stabilizing. But Puluoaobo Ross stressed that the present is essential to bear in mind that even if economic stability is indeed achieved, economic activity is at a very low level. Puluoaobo Ross reiterated that full recovery of economy and to ensure that strong growth will take some time.
According to a report released Monday showed U.S. housing construction in May business confidence index rose to its highest level since last September level that began in 2006, the housing sector weakness may be more close to bottoming out. National Association of Home Builders (NAHB) survey report released Monday said, NAHB / Wells Fargo housing construction in May from April business confidence index rose to 16 to 14, which is the index since February 2008 the first time since two consecutive months of increases. The index below 50 is that the majority of respondents believe that the weak housing market conditions. Prior to survey, according to the survey, the average forecast of 45 economists, May homebuilder confidence index would rise to 16 forecast range of between 13 to 20. This year in January, the index under the contravention of 8 low. NAHB starting from January 1985 home builder confidence index compiled last year, the average of the index is 16. As the housing construction market hit the highest ever fall’s sake, builders have reduced the market’s excess inventory; At the same time, is in the lower level of borrowing costs and falling home prices are attracting new buyers. However, the U.S. unemployment rate is at its highest level in 25 years, collateral foreclosure rate is still rising, credit conditions remain tight, that the housing market’s recovery process will be very slow. Ability to pay a record, record mortgage rates and government to promote the resumption of economic growth measures are being taken to bring optimism to the potential buyers. Over the past few weeks, by banks has begun to recover the property market, new home market will bring strong competition.
U.S. stocks rose sharply Monday, the major averages in nearly two weeks the biggest single day rise. U.S. stocks rose by warm dilute the market’s enthusiasm for gold investment, capital flows and further gradual retreat from the precious metals market. The gold ETF fund the continued lack of buying interest, but also to face some downward pressure on gold. Recent phase of the U.S. dollar from the gold association point of view, still made more uncertain, gold from the dollar’s strength and lack of support. At the same time U.S. economic data this week is more scarce, its adverse effect on the price of gold is relatively weak. The price of gold is subject to 935 U.S. dollars mark in Monday began taking the pressure, suggesting that market psychology began to change for several days of gains in gold will likely have to face after profit-taking pressure. While still can not rule out short-term price of gold has on the rebound again possible, but if that is not recovered 930 U.S. dollars to re-mark, gold is still short of the more pressure will be encountered. The gold recovery of only 930 U.S. dollars to re-order for market sentiment to re-secure. Gold below support at 915 U.S. dollars today, and 908 U.S. dollars; the top of the pressure in the 925 U.S. dollars and 931 U.S. dollars.
today (0519) Trader guide:
oscillation between 900-942 gold on the development of silver in the oscillation between 13-14.5 development.
Current gold price volatility, or to expand and accelerate, all investors are strictly according to their risk tolerance, stop. Also choose gold, silver, crude oil, the euro, copper, zinc, platinum, index futures, Hong Kong stocks, Wall Street and many other varieties of portfolio investment to maximize the lower investment risk, make a reasonable return on investment is relatively protected. For various types of gold investment products more timely, detailed and accurate access to market price or the operation of the proposed portfolio of programs, please contact a senior investment adviser http:// www.blog.163.com/huangjintouzi/
MSN: huangjintouzi@hotmail.com
QQ: 365689510
Mr. Liu
Agencies Hotline 13818015566
(All rights reserved please and I should contact)