The suppression
Gold aspect: Opening quotation 1897.30 US dollars, maximum valency 1920.40 US dollars, floor price 1858.70 US dollars, closing price 1880.20 US dollars. (this price is the Beijing standard time 3:00 am to the next day 3:00 am time interval prices) LED Tube Light Silver aspect: Opening quotation 42.970 US dollars, maximum valency 43.240 US dollars, floor price 41.520 US dollars, closing price 42.220 US dollars. (this price is the Beijing standard time 3:00 am to the next day 3:00 am time interval prices)
Fundamental plane analysis: The suppression which is been strong US dollar, after the gold rate on 6th flushes high, recedes. New York commodity exchange gold stock delivers the most active in December contract to receive in each ounce 1873.3 US dollars, compares the preceding transaction to fall 3.6 US dollars, the decline range is 0.2%, when in the compass the price once flushed to each ounce 1923.7 US dollar high spots.
Weight US dollar on 6th fluctuates to wholesale currency price ratio's US dollar index located at 75.9 nearby, compares the preceding trading day rise nearly 1%.HTPC Keyboard Because international gold rate by US dollar valuation, therefore US dollar rise means that the gold regarding holds other currency investor to be more expensive, is spatial to the gold price constitution advantage.
Moreover, the US Supply management Association announces at the same day the data demonstrated that its in August service industry index climbs to 53.3 points from July's 52.7 points, but the market universal anticipated this index will appear before this slides, thus slowed down to the American economy biggest constituent service industry worrying which withers, to a certain extent has suppressed the gold price.
In addition, Eurozone Monday announces many economic data are unsatisfactory. Since first, in September the Sentix investor confidence index has dropped to for more than two year the lowest level. Since August service industry PMI net result 51.5, have set the record of September, 2009 to be lowest; In August Markit synthesizes the PMI net result is 50.7, since has set the record of August, 2009 to be lowest, market to future anticipated large decline. The dreary economic data's influence, the European Stock market falls generally, takes refuge from danger the mood to elevate temperature once more, the massive investors start to undersell risks and so on stock to throw the inborn nature, transfers, but goes to the fund takes refuge from danger the store of value product.
Technical surface analysis: Japan graph: The K line, the trend of escalation movement, broken new high, the top digit is blocked recedes largely,Android TV Keyboard big hatching closing, in 5 daily average alignment the golden fork 10 daily average lines, look many. Auxiliary target: MACD target, underneath barrel zero axis spatial side market, barrel upward contraction, in the quick alignment nods, waits for forming the golden fork, the shake looks many; The KDJ target, three neutral region gold fork upward radiation, looks much, the RSI neutrality place above upward radiation, looks much.
Latter city forecast: But favors as before to the gold long-term trend, because supports the gold to walk cow's each advantage not to change well, if the market investor slides to the European debt question and the American economy worries as well as to new round quantification loose policy anticipation.
The operation suggested: Today suggested the investor may enter many in 1866.00-1868.00 light warehouses, stops damages 1862.00, the goal 1883.00 - 1892.00. The radical investor may carry on the operation in 1866.00-1883.00 sectors.
