Technical reviewing: In the comment last night, we point out interval of short line of precious metal market can continue consolidate, and gave out the moving interval with bullion specific price, last night walk along situation test and verify our judgement.
Wraparound yesterday: Turn after precious metal market is small last night fall after a rise and hold firm, bullion price continues to be in interval wander. Whole held gold price to be firm near 1246 dollars last night, low when touch until for a time near 1243 dollars. Silver price criterion from 16.5 dollars around fall after a rise comes near 16.45 dollars. Dollar index collection must come from 97.75 around fall after a rise 97.55 around, euro collects valence to be recorded so that hold it is firm near 1.12 dollars.
Bullion is early know (annual preps according to with was on January 1 according to)
Macroscopical now
The United States sold collection of year of the rate that spend a month to get amplitude into house in May last night 1.1% , small panel height anticipates at the market. Before dawn whole controls American stock market today smooth, 3 big point to drop about 0.3% . After dollar index interval rebounds, bull put delay somewhat last night, low if drop,defeat 97.5 around, bullion price bull or small increase.
Oil price went again last night drop, futures of American WTI crude oil falls greatly 1.34 dollars sign up for every pails of 42.13 dollars, drop 3% . Cloth human relations is special in August agreement falls 1.2 dollars, settle accounts at every pails of 44.82 dollars, also be immersed in Xiong Fu. Oil price is successive be issued to lower levels, make precious metal market increases in the nominal on certain level is small.
Technical analysis
Extreme of gold day wire records hind of fall after a rise is small so that shade illuminates to rebound, cylinder under gules day all in the line, long term MACD shows show neuter, RSI is recorded 41, interval lasts bear pressure. The amplitude after fall after a rise of the cylinder on hour line closes narrow, short line much air is balanced, wire of gold price day or in concussion of 1230-1260 dollar interval.
The line records silver day so that cylinder of fall after a rise receives Yin Zhu to make the same score, cylinder under gules day all in the line, long term MACD shows show neuter, RSI is recorded 36, interval is small fall after a rise. Close after fall after a rise of the cylinder on hour line short, short line much air is balanced, silver day wire is in concussion of 16.15-17.05 dollar interval.
Supporting with obstruction on, can consult the following data
Gold is graphic
Candle records gold yin and yang so that rebound after fall after a rise to hold firm, extreme is in gules day all in the line, short line MACD shows dominant of weak force bull, gold price in the morning or wander around 1246 dollars, on any account enlarges signal to be able to consult respectively for nothing more 1247.8 with 1243.9 dollars around, short line or slant at interval dish whole.
Silver is graphic
Candle of silver yin and yang registers fall after a rise of the candle that get back, extreme is in gules day all in the line, short line MACD shows show neuter, silver price in the morning or weak around 16.45 dollars force dish whole, on any account enlarges signal to be able to consult respectively for nothing more 16.54 with 16.37 dollars around.
