British gold Industry "gold Trading early Review": Non-farm expected return 240,000

Source: Internet
Author: User

British MIBD: The New Year progress, real gold trading continued to slow, but the United States data or go soft, plus next week non-farm expected back to 240,000 interval, before the value of 321,000, short-term good gold. If you can break the recent interval resistance 1184, or first try 1191, if the message with the organic test fr61.8%,1198, because the trend has not yet obvious rebound form, if the fall from the beginning of December to the bottom of the rail 1182, do not rule out further back to the 170-1154 interval. Technically, the gold price Day chart to maintain the interval consolidation pattern, the decline is still not reversed, in the larger 1214,1170 Range Bull Bear Wrestling, short-term loss of 1182, the downward form will be confirmed, or try from November to the bottom of the rail 1170 or gold retracement 1162. Because of the non-farm next week, in no other sudden news, if the general expectation of non-agricultural above 240,000, the downward pressure of gold will be increased, the short-term high-value rate of trading strategy to close to the downward resistance of the high-build space is more favorable, temporary midline good position has a greater risk.

"Today's important event entry strategy"

1) 0855 with the Chinese period gold position is expected to moderate the amount of short position, volatility over US dollars

2) 1745 with LBMA position flat expected amount of short position, volatility over USD

3) 2045 with Comex position upward expected moderate good position, volatility over US dollars

4) 2245 US Markit PMI Micro-Yang expected a moderate amount of short positions, volatility of more than USD

5) 2300 U.S. ISM PMI and construction spending fell to a good position, more than $ million in volatility

6) In the absence of emergencies, the technical trend under the city strategy is as follows:

A) First touch 1198 moderate short position, target 1194,1191

B) on the broken 1184 right amount of good position, target 1191,1197

C) fall through 1182 amount of light, target 1175,1170

D) First touch 1182 moderate good position, target 1186,1191

Gold has fallen close to the cost of production, gold has the opportunity to rebound in a short time after the fall, and have the opportunity to exceed the original level, and the city must have sufficient margin to deal with the risks, grasp the opportunity to acquire wealth.

" important support and resistance"

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"Global market focus and analysis"

The rise in the dollar is also a factor in the price of gold following the fall in oil prices. Spot gold fell 2 or so throughout the year. New York gold closed at $1184.1 an ounce, down $16.3, or nearly 1.4 per cent. It fell 1.5 in the year, the 2nd consecutive year.

British MIBD: The U.S. data surface is expected to go soft, gold or a wave of rebound market. 1) The first is the city strategy, up to 1184 can be built more than the right amount, breaking the material Challenge 1191,1197, Breakthrough Chase 1204,1214. 2) on the contrary, gold price falls below 1182, Target 1175,1170, breakthrough can chase 1163,1154. 3) The last strategy, due to lack of good support, the current gold price in the high-level again, the enterprising can be in the 1204~1214 interval amount of pending orders empty position, chasing the gold callback target 1196,1191. Pay attention to the future fluctuations and fast and urgent, must prepare sufficient margin and strict stop loss.

"London LBMA Gold futures forward contract" spreads see-0.0425, the former 0.065, the negative interest rate narrowing, said the London real gold trading situation slowed, if the inverse spreads the margin spreads the gold price to obtain the bigger support, conversely, if spreads the spreads sharply rises to the gold price to cause the big crackdown.

"International oil price" crude oil prices fell to more than 5.5 of the lowest, continue to be affected by oversupply. New York-period oil closed at $53.27 a barrel, down 85 cents, or nearly 1.6 per cent. The London Oil closing report was $57.33, with New York oil at its lowest level in May 09, down 57 cents, or nearly 1 per cent. New York oil fell 46% in 2014, while London Oil fell 48% in the year. The U.S. Department of Energy reported that crude stocks fell more than 1.75 million barrels last week, a drop far exceeding market expectations. The inventory of petrol and distillate oil increased. based on the cost of shale gas production of about 56~58 US dollars, oil prices in this interval of time will account for most of the time, oil prices in the face of US shale gas speculation stories and human intervention under the rise of waves difficult to develop, it is expected that supply and demand imbalance will continue. With the sharp fall in oil prices, the new U.S. consumer and employment announcement data were supported by a sharp reduction in fuel costs.

The New York stock market fell in 2014 on the last trading day, with the Dow Jones industrial average falling more than 100 points and closing 160 points at 17,823 points. The standard and poor 500 index fell 21 points, to 2,058 points. U.S. stocks, such as expected to break the eight-pass, or 18242 interval only, if the weakness back to 17494 fall, the material test 17181 important callback support, short-term market irrational chase mood is the harbinger of the pendulum effect. U.S. stocks to fall below 15852 important bottom, only technically good gold.

The dollar index is generally rising against the main currencies. The market is expected to raise interest rates in the US, which rose nearly 13% last year, the best performance in 17 years. The dollar rose to close to 120 per cent against the yen in the last trading day of 2014. The euro fell 1.21 per cent against the dollar, a record low of 29 months. The dollar also hit a 29-month high against the Swiss franc. The U.S. dollar index 90.30, Technically, the dollar this wave of market touch nearly 9-year high, there is a chance to try 92.73 top, and will be weak test 86.99,86.85 interval, the Fed is not allowed to go too strong, the trend is not intervene under the rise, to a certain position there is a crackdown, The trend has human factors and hedge funds support.

"Spot gold Analysis"

Technically, the gold price to weekly look, the figure is a wave low to a wave of light, short-term if the loss of 1178 or to 1164 will be stable rebound. At present, the important resistance is FR61.8 sector resistance 1204, since August, the drop resistance 1223, the important support for the bottom 1178,1163 and important bottom 1147. Gold did not complete the structural adjustment, there is a small rebound after the weak back, the strategy is in the top of the track Gao empty most suitable, stir the rebound is to wait for the rebound signal after the bottom of the gold rally to confirm that the risk of the position must be planned.

British gold Industry "gold Trading early Review": Non-farm expected return 240,000

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