One, market reviewing
US stock Zhou Si closes drop, main point to before ending this successive 4 days of prices that rise, path point to fall 26000 a little bit col. Lang Puxuan of American presidential spy says to will hold to associate of main to another commerce to take custom duty step. Investor still adds two countries in attention beauty whether trade agreement is reached before Zhou Wu deadline. Already was August at present end, it is the US stock clinchs a deal right now normally the amount is small confused period. It is labor holiday of the United States next week, US stock market will rest city, dollar index maintains concussion of 95 col lower part, beautiful debt yield is fluctuant not quite. International gold price concussion drops yesterday, closing quotation signs up for 1199.93 dollars / ounce, drop that day 0.56% .
2, main area analysis
Although beautiful couplet store still led probably in September add breath, but show at the beginning of American economy exhausted condition, the dollar has hard also as. It is under the negative effect of trade war, american manufacturing industry and in pairs of impetus of dilate of blame manufacturing industry put delay. PMI of ISM manufacturing industry was in July 58.1, the PMI of manufacturing industry of blame of ISM of 59.3.7 months of United States that anticipates not as good as is 55.7, 58.5 what anticipate not as good as.
In light of the circumstance that splits up from Euramerican economy, as a result of European economy expression rebounds considerably, american economy performance anticipates not as good as continuously, the near future appears apparent " beautiful weak Ou Jiang " polarization. August, index of accident of European beautiful banner finished what spend banner accident index to the United States to overtake considerably, at present more beautiful already state-owned quite large lead dominant position. This is told to dollar index, it is major interest sky undoubtedly.
In the process that glides sadly in American economy, CFTC dollar is aggregate fund continues however more completely tall, had risen at present to level of historical on the high side. This report gives the market to look to send a gender more to the dollar exorbitant. As retrorse index, exalted dollar fund also is pair of dollar indexes more completely another big profit is empty.
CFTC newest data shows, congenial guest is successive storehouse of headroom of two weeks of hold, achieved 2001 the lowermost level since end. Up to became on August 21, COMEX gold futures is not commercial only money market to reduce 5022 hands, make the amount achieves headroom storehouse 8710 hands. 2002 since gold fund never still falls more completely had come headroom condition. Look from the history, fund is in more completely low it is retrorse index commonly. The extreme is low net much level is adumbrative also gold is short-term rebound kinetic energy is relatively intense.
3, technical area analysis and operation proposal
Graph of hour of gold T+D 4 shows, gold TD whole is exalted concussion is given priority to now, belong to rise the relay prices of prices, but the time that trim decides hard now, short line or continuance concussion slant to go more situation. Suggest wait-and-see or light storehouse meets in a few days low do give priority to more.
Short line is politic:
Gold T+D: 265 around do much, stop caustic 264, target 267;
Silver T+D: 3460 around do much, stop caustic 3430, target 3510.
(offer reference only)
4, important information reminds inside day
