Today'S Volatile Gold Price Undermines The Concussion Plan.
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< p > today, the price of gold is erratic, and the concussion plan is damaged.
Intraday trend, today's international gold prices because of the suppression of the daily line, see a day of market turbulence downward, with yesterday and non-agricultural high point short day, then early rebound 1292-93 can be empty.
In August 5th, the financial investment data of the US financial calendar was strong. Meanwhile, a plan to help Portugal's largest bank, BES, has been reached to boost market sentiment and boost US stocks' rebound since last week's plunge. The price of gold has dropped slightly under pressure in the United States. The plan is to boost the risk of market sentiment in August 5th.
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Less than P, however, the tension in the Middle East and Ukraine is still continuing, limiting the decline in gold prices.
Spot gold fell 0.4% during the day, to $1288.26 an ounce.
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The Portuguese government announced that it would make emergency funding to avoid the collapse of the Holy Spirit Bank of the largest bank in the world within P. The news was welcomed by the market, and it also increased the market sentiment and depressed the gold price trend.
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< p > in the real market, buying demand is still sluggish in the summer season, and many consumers expect gold prices to fall further.
The price of gold in China is about $3 per ounce, compared with the global index a href= "http://www.91se91.com/news/index_s.asp" > Gold < /a >, and earlier this year it has risen more than 20 dollars.
Water in other parts of Asia has been basically stable over the past few weeks.
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< p > after a day's concussion, the spot gold day has closed at 1288 place, making the Japanese line continue to suppress. The gold spot in early Zhou Dynasty is expected to see 1285-1302 concussion expectations basically lost. At least today, gold prices dare not see more than 1302. Then 1286 lines such as short and many rebound in the morning need to go out.
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< p > today, the price of gold needs to be used for a short day with the high point of yesterday or non-agricultural. This is mainly based on the suppression of the overcast line on yesterday's day line, which is damaging to our plan to see concussion at the beginning of the week.
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< p > today, the price of gold will continue to see a day of concussion. If the daily line can be well closed, the international gold price will take the possibility of rebounding at 1280 low points. Of course, we should not expect to break the low of 1280 today. It has been said earlier that silver was low yesterday, and that the international gold price is more passive.
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< p > trend within the day. Today, the international gold price is suppressed because of the daily line. We can see that one day the market is going down, and the day is short with the high point of non-agricultural market. Then the rebound in the early market can be 1292-93.
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< p > Gold Market Center shows that at 10:05 Beijing time, today's < a href= "http://www.91se91.com/news/index_s.asp" > gold spot price < /a > $1288.49 / ounce.
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