Newspaper office of FX168 finance and economics (Hong Kong) dispatch Zhou Wu (on May 3) inferior city is early dish, gold of international merchandise on hand is located in near 1271.40/ ounce the level wanders. Gold of of the previous night encounters violent undersell once more, golden price lasts the defeat below concussion! Although the United States is announced data waits to behave the good and bad are intermingled with plant order please first, but dollar index goes high egoistically as before, highest touch 97.86, successive the 2nd trades day closes go up. Pick up again in the dollar go up situation during, gold encounters farther violent undersell, fall for a time wear 1270 dollars / ounce col, brush level of the lowest inside New Year 1266.09 dollars / ounce level. Golden price is at present tentative from low small rebound, hand in cast at 1271 dollars / ounce area.
Afshin Nabavi of MKS SA senior vice president says, "Gold market faces pressure, because golden price rises in several,attempt hind fails to break through 1290 dollars, and FOMC did not publish any significant move. In addition, as a result of Japan and China almost full a week is in cease city, far east market basically shuts city, because this cannot see,come from a large number of demand of this area. Because this cannot see,come from a large number of demand of this area..
Investment of world gold association studies director Juan Carlos Artigas thinks, gold remains significant investment to combine diversity tool. Although the US stock is maintained in historical perch, this may restrict near future investor the interest to gold, but of uncertainty increase also offerred significant opportunity for precious metal.
This trading day pays close attention to the United States mainly next report of blame farming obtain employment. If the United States is not farming data is beautiful beautiful, criterion the dollar will be farther go up considerably raise, gold will continue next defeat. Conversely, if blame farming data is behaved not beautiful, criterion the dollar fears meeting with undersell, gold bull will take the chance to spread out counterattack.
Technical area analyses:
Dollar
At present dollar index continues to hold rise firmly situation, day looks on line attempt, column of MACD gules kinetic energy is changeless, KDJ random index goes smooth, the move on allusive dollar can occur as before.
Look on 4 hours of graphs, dollar index rebounds on the station 20 period all line, defend firm at other and main shift all line upper part. Meanwhile, column of MACD gules kinetic energy is changeless, KDJ random index still slants at up, allusive dollar short line may continue to rebound.
Gold
Day of gold trades to continue to spread out on time remove, fall for a time wear 1270 dollars / ounce col. Day looks on line attempt, concealed of column of MACD green kinetic energy shows, KDJ random index goes low considerably, allusive gold is faced with the space that drops further. Pan Zhongchu pace is propped up be located in 1265 dollars / ounce col, if drop effectively,wear this level, will issue defeat quickly further. And preliminary obstruction is located in upper part 1280 dollars / ounce, if break through,will continue to spread out rebound.
Look on 4 hours of graphs, gold is located in main shift all narrow cut of line lower part is handed in cast, appreciably of column of MACD green kinetic energy closes narrow, KDJ random index goes smooth, allusive gold short line drops kinetic energy defers.
Empty factor of main area benefit:
1, Zhou Si (on May 2) the data that American Ministry of Labour publishs shows, staff of blame farming company yields hourly first quarter annual rate grows 3.6% , productivity increase part mirrorred faster economy to add fast. productivity exceeds first quarter anticipate grow quickly, achieve since 2014 add the most quickly fast, this is governmental advocate decreases Telangpu to duty drives economy to grow and did not cause inflation to offer more reason.
2, another data that Department of Commerce publishs Zhou Simei country shows, plant order annulus compared the United States in March grow 1.9% , the growth that prep above expects 1.5% , achieve since August 2018 amplitude of the biggest only month, the value falls before 0.5% .
3, , beautiful couplet of Zhou Siling morning store speech of Er of chairman Bao Wei refuted of the near future lower interest opinion on public affairs, say to did not see the attune on interest rate or reduced intense reason at present. Meanwhile, bao power Er expresses be unexpected to inflation of the core at the beginning of 2019 drops, the likelihood has a few temporary elements to be in effective, this is upbeat trend.
4, data of ADP obtain employment showed the United States that Zhou San announces in April grow post of 275 thousand obtain employment, outclass the desired value of 177 thousand, this data regards this Zhou Wumei country as report of blame farming obtain employment before look up, adumbrative blame farming data will be more driving.
Good factor of main area benefit:
1, Zhou Si (on May 2) since the United States that announce asks collection of unemployed gold number to get 3 months when Zhou Chu exalted, for 230 thousand person, anticipate for 215 thousand person, 230 thousand person is worth before.
2, the United States that Zhou San announces in April PMI of ISM manufacturing industry from 55.3 fall to 52.8, far 55 what anticipate not as good as.
3, Chicago PMI was the United States that Zhou Er announces in April 52.6, under before value 58.7 reach anticipate 59, the exhausted weak continuance first quarter came the 2nd quarter, 5 4 collections in distributing a data must drop.
4, the United States that Zhou Yi announces in March core (purify food and price of the sources of energy) month of PCE price index is led a few invariant, record 0.0% , 0.1% what anticipate not as good as, make core PCE annual rate was only in March 1.6% , achieve 14 months to come the smallest amplitude, 1.7% what anticipate not as good as.
Beijing time 10:20, gold of merchandise on hand signs up for 1271.6 dollars / ounce.
Proofread: TIER
