Newspaper office of FX168 finance and economics (Hong Kong) dispatch Zhou Er (on April 16) European period of time, golden price drops to a week half low, approach the key near 1282-81 to prop up. With Sino-US commerce the risk mood related hopeful foreground hits those who press gold to avoid continuously danger heaven demand. At the same time of beautiful debt yield on raise also is applied to gold pressure.
Gold fails to hold of the previous night by a week low rebound, successive the 4th trades period of time bears sell dish of pressure, outspread glide from what 1310-11 dollar supplies an area to begin.
Around the move is Sino-US the upbeat mood that commerce negotiates is close one pace is grown Sidifen Munuqin by American Ministry of finance Zhou Yi speaks carry brace up, he states the negotiation gained a lot of headway at that time, bilateral likelihood nears the final phase that commerce consults.
Global risk mood grows subsequently, reaction is the positive sentiment with common stock market, and of yield of American national debt climb litre. This pair of gold that do not have fixed income are apparent and adverse.
In the meantime, gold nominal ignores a dollar almost sell dish of liability. But the be thwarted of the dollar may become only limitation to continue with the gold of dollar valuation the main factor of be issued to lower levels.
Announce basically now without important economic data, more extensive market sentiment and pertinent information may continue to act important role in money market, affect gold go situation.
Crucial technology
The partial key technology that the technical analysis of FXStreet pointed out gold of merchandise on hand:
SMA20: 1299.8
SMA50: 1306.09
SMA100: 1288.34
SMA200: 1247.9
Exalted yesterday: 1292.05
Low yesterday: 1271.1
Exalted last week: 1310.7
Low last week: 1288.7
Go up the month is exalted: 1327.8
Go up the moon is small: 1280.1
Fei Bo engraves then 38.2% : 1279.1
Fei Bo engraves then 61.8% : 1284.05
In a few days pivot point S1: 1274.57
In a few days pivot point S2: 1262.36
In a few days pivot point S3: 1253.62
In a few days pivot point R1: 1295.52
In a few days pivot point R2: 1304.26
In a few days pivot point R3: 1316.47
Beijing time 18:04, gold of merchandise on hand signs up for 1283.65 dollars / ounce.
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