Market Risk Aversion Warming International Gold Prices Rebounded Slightly

Asian gold prices rebounded slightly on Monday, but the trend remained volatile, and the top 1300 were still facing an integer barrier. Because of the worsening situation in Ukraine during the weekend, the risk aversion in the gold market has been heating up, supporting the international gold price.

As of 13:30 Beijing time, international spot. gold The price of $1295.57 was slightly higher than the opening price of 3.48 yuan, and the highest test was 1296.57 dollars during the period, with a minimum of 1288.39 dollars.

Last Saturday, Ukraine's opposition forces raided a border checkpoint in the eastern border with Russia, releasing an opposition leader who was arrested by the government forces and refused to participate in the round table meeting in the country aimed at resolving the crisis.

Affected by this news, the market Risk aversion It is heating up again, thus supporting gold prices.

In addition, there will be a general election in Ukraine on Sunday. Investor Waiting for attention to the outcome of this election, so cautious trading. But if the conflict in the Ukraine area continues to deteriorate, the market risk aversion that will result in the gold price will rise again.

In the intraday market, the news is relatively light, then this week the Federal Reserve and the RBA will publish minutes of the conference on interest rates, and a number of Federal Reserve and ECB officials will deliver speeches in succession, suggesting that investors should pay close attention to the future policies of these countries.

International gold technology analysis, in the 4 hours chart, international gold prices rebounded slightly upward. The boll rail is operating horizontally, and the international gold price is running below the track in boll. Moving average, the 5 day moving average level, gold prices rebounded to 5 days on average. The index MACD runs downwards, and the short kinetic energy is basically stable; the stoch index is formed by two lines.

On the whole, the international gold price is supported by the low point of the previous period and rebounded upward slightly, and the market trend remained volatile in the form. At this time, investors are advised to maintain wait-and-see and wait for market direction to break through.