Saturday, April 14, 2012

tera gold the low opportunity cost of owning gold. 4. sign United States economy picks up - JCZ

129779332647500000_71Huijin network, April 3 – market review: highest spot gold hit $ 1683.3 an ounce, the lowest hit to 1,662.34 dollars an ounce, at 1, 676.79 USD/Oz, the previous trading day at 1 668.3 dollars an ounce, up $ 8.49/ounce, or 0.51%. BaseSurface: 1. spot gold price Monday (April 2) rallied tera gold, aided in technology buying, then near 1,680 dollars an ounce in the market fluctuations, technical factors, crude and stock markets rallied to provide support. 2. the euro rebounded from earlier declines against the dollar also supported before the euro against the US dollar due to weak manufacturing data for Europe and fell to one-month lows. 3. the first6.6% recorded in the season gold's gains tera power leveling, after Federal Reserve (FED) to convince investors that interest rates will remain low over the long run, the low opportunity cost of owning gold. 4. sign United States economy picks up, clouds of gold prospects. Makes more economic recovery considering the launch of a new round of government bond purchases, or of the Federal Reserve quantitative easing, reducing the possibility of。 5. DanielSmith, an analyst at Standard Chartered Bank, said: "the overall macroeconomic situation is improving, so I think it brings some adverse factors, while the European banking crisis is to stabilize, so far, on haven demand for gold in the market. However, we believe that the decline of gold is actually very limited, basically, we believe that gold will be in the futureRise in a few months, due to overall liquidity improvement in the macro-environment. "6. the data on Monday showed that United States March manufacturing data growth, but February construction spending recorded a decline in seven months. Data index reversed earlier gains after the announcement, supported on the gold. 7. the United States and European markets rose on Monday, while oil prices fell. Commodity futures trading Commission (CFTC) data showed on Friday, including the managers of hedge funds and other large speculators increased last week bet on gold, for the first time in four weeks. 8. the world's largest gold ETF (ETF) gold holdings of the SPDRGoldTrust as of April 2, 1,286.62 tons, positions remain unchanged. Technical analysis chart: GoldResistance: 168,316,881,695 support: 167,516,671,660 silver resistance: 33.2033.4533.80 support: 32.9032.6032.35 gold action suggested: carefully done. Done: first step on 16,751 line can be considered light warehouse long note stop loss profits. Back to step on to 1667Ray of light bin go long, note stop loss profits. Short: first test 16,831 line can be considered light warehouse short, note stop loss profits. 16,951 line blockage can be considered light warehouse short, note stop loss profits. Silver action suggested: carefully done. Long: back to hit 32.9 line can be considered light warehouse for the first time long note stop loss profits. Back to step on to the 32.61 lines can still light bin go long, note stop loss profits. Short: first test 33.2 line can be considered light warehouse short tera gold, note stop loss profits. 33.8 blocked can still be considered light warehouse short, note stop loss profits. On April 3, focusing on data: Edit: South Street Others: