Gold range shocks significantly rising market factors still exist jinshen

Gold range shock trend is clearly rising market factors still exist Sina fund exposure platform: letter Phi lag false propaganda, long-term performance is lower than similar products, how to buy funds pit? Click [I want to complain], Sina help you expose them! International spot gold on Wednesday hit two and a half weeks high after the city fell, the lowest intraday dropping to $1342.56 in gold, after rising due to profit taking lost some momentum. Due to a series of data released Tuesday by the U.S. non manufacturing are not as good as expected, and the number of hit a year low, gold rose more than $20 on Tuesday, long lucrative, so Wednesday’s decline is only of profit taking performance. The recent gold between $1300~1350 consolidation bottom, but the price of gold is still a lot of room to rise, because of the possibility of the United States in a short-term interest rate increases, the probability of the Fed’s September 21st Meeting Goldman will raise interest rates from 55% down to 40%. The European Central Bank will announce interest rate decision on Thursday, is expected to maintain the possibility of the current interest rate unchanged. Therefore, in a low interest rate or even negative interest rates in the environment, the gold market factors still go up. In the global low growth, low return asset shortage era, gold as the highest safety factor, but not the strongest international attributes, create real asset returns, the reserve value advantage will be revealed by the categories of asset allocation popular phenomenon is more and more obvious. No country is satisfied with the current growth, negative interest rates and more aggressive asset purchases, and aggressive fiscal stimulus will not stop, the market fears of future inflation always exist, many gold asset holders at this stage are unlikely to sell a large area. On the other hand, the further distillation of the financial attributes of gold, the value of the transaction has been speculators attention. Regardless of short-term arbitrage, or middle band operation, the gold market will undertake from foreign exchange, stock and bond market speculation funds, increased liquidity for the gold market, itself is a kind of attraction. With the Fed’s interest rate hike is expected to gradually weaken the market, gold regain favor. Overall, the price of gold is still in the trend of horizontal shocks, the main range is still concentrated between 1310~1357 U.S. dollars. The daily chart of technical indicators, the MACD red column kinetic energy appear, stochastic upward; Bollinger, the price of gold is located between the rail and the upper, short-term moving average was flat. Focus on the top of the gold resistance of $1357, below the initial support of $1330. In September the FOMC meeting before, recommend careful do buy low sell high operation within the range. Wang Gang to enter the Sina financial stocks] discussion相关的主题文章: