Yunnan Baihong/Baihong Commodity Trading Center Account Opening and Order Analysis KouKou Investment Recruitment Agent OEM Rebate Telephone Number: Yunnan Baihong/Baihong Commodity Trading Center 'h', the gold price is still in a downward trend on the daily line, there is no There are signs that this surge at the start of the year has exceeded the bounds of a rebound. The price of gold is still struggling near the daily moving average. If the price of gold loses this position, it may fall to the first line.
' h' Regarding the next trend, three major factors suggest that the decline in gold prices may not be over yet
' h' 1. Banking index. After the sharp decline from the end of last year to the beginning of the year, it has stabilized. The strength of bank stocks indicates that the U.S. economy is improving, and it will also help strengthen expectations for the Federal Reserve to raise interest rates. Once expectations of the Federal Reserve's interest rate hikes strengthen, gold will undoubtedly come under pressure and fall.
2. The U.S. dollar index strengthened. The U.S. dollar index has broken through the mark and hit a new monthly high. Although the R indicator shows that the U.S. dollar is oversold, indicating that there will be a correction. However, the U.S. dollar has been overbought before, so we cannot judge that the U.S. dollar will definitely correct based on this.
' h' 3. Commodity index. It rose due to gold and crude oil. However, the gold import quota fell sharply by .% year-on-year to about 100 million US dollars. As the date of the U.S. election is gradually approaching, the gold market may continue to consolidate in the short term, and long and short investors will also choose to wait and see from the other side to reduce the changes caused by the election, thus reducing the risks caused by the election results. From a technical perspective, the price of gold against the US dollar has shown an inverted triangle trend in the short term. As the Bollinger Bands gradually tighten, its trend may change at any time. The short-term support level of the price of gold against the US dollar is at the experience level in recent years. It is not difficult to find that the seesaw effect of funds between the stock market and the real estate market is still very obvious. Especially considering that the stock market has been fluctuating recently, the stock market may have a certain appeal to funds.
' h' d=_ Therefore, once housing prices peak, the stock market may be an important option for funds in the short term. However, Zhu Jianfang, chief economist of CITIC Securities, reminded that if housing prices undergo a drastic adjustment, the macroeconomy will also be greatly impacted. In this case, within a certain period of time, except for important hedging tools, it should be said that it is difficult to have good investment opportunities in major markets.
' h' d=_ And the stock market is currently oscillating at a low level, the stock market may be an important international spot gold. Last Friday (month), the Asian market and the European market maintained a slightly sideways and volatile trend, and the US market was affected by negative data. Fluctuate downward. Still paying attention to USD/Ounce support. It is recommended to go long that it is best to destroy the downward trend of the hourly range shock before considering entering the market. The target is USD/ounce, the high point of the shock range. If the USD/Ounce price breaks below and it is confirmed that the counterextraction cannot be broken, you can go short. If you are stable, you can wait and see appropriately.
Gold operation suggestions
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