"As a Lurker, defeated Xiao He." European debt crisis, refresh the record high gold prices since last acid reflux diet year, but with remission of the debt crisis in Europe, gold prices are falling in the near future, k-line from the week view, the New York gold and Shanghai are yin received four weeks in a row.
Industry noted that currently show inflation in Asia, Europe and Japan but suspected there is deflation, coupled with the easing of the debt crisis in Europe and the psychological impact of physical demand low season, gold does not have the conditions of rising, gold price is expected to break down after short-term hit space also.
Gold breaks down
On Friday, tumbling Gold 1.97% in New York, closing below 1200 dollars per ounce mark, and its continued to plunge on Monday 1.19% today, k-line appears "four even Yam", and from the week gold price in New York on the k-line is yin received four consecutive weeks. Data acid reflux symptoms in women show that about 21st reaching $ 6 after new high, gold prices fell all the way, and as of 20 o clock, gold reported $ 1177.8 in New York, by 0.35%.
The domestic front, Hu Yin received gold 1012 main contract is for four consecutive weeks. On Monday, the main 1012 contracts once dropped below $ 260, and yesterday, 1012 low open contracts at $ 258.3/g Gap directly below 260 dollars mark, closing at 258.85, 0.63% lower than the previous trading day closing price. Position ranking on display, top 20 members respectively to increase its stake in 1654 multiple single hand acid reflux treatment and 2,568 empty hand form, short jinrui futures are overweight and the biggest single 2,633 empty hands.
"Remission of the debt crisis in Europe is the main acid reflux diet reason for the gold price to go down, gold consumption more light in the summer. "Shanghai interim Li Ning symptoms of acid reflux points out that recently the world s largest gold ETF has been modest jiancang, and recently also funds many selling gold, due December 2010 call options, market confidence also suffer.
While Gao Saier gold Chief Wang Ruilei, an analyst said, "the recent gold prices remained low key and the EU debt crisis eased relations, on the one hand the European crisis, some mitigation, on the other hand there are no new news to stimulate market, inflation and sovereign debt are unable to continue stimulating the appetite for gold. ”
Under the short term there is still discussion on space
Accompanied by remission of the debt crisis in Europe, as well as gold prices remained low, and gold "flying together", align innovation high dollar index also fell all the way, create high 88.71 dollar index points in early June, and has dropped to acid reflux remedies 82 points in the near future. However, judging from the recent dollar gold relationship, a weaker dollar does not support stronger gold.
Interim Wu Zhengzheng Beijing pointed out that the dollar index, although it is not a breakthrough early lows 82 integers, but the trend remained weak. Can be seen by European bond sales, market confidence in the euro currency is restored, with the United States further deterioration of the fundamental data, transfer of funds gradually by the dollar to the euro currency, which is the dollar index of main reasons for the continuous decline.
But your gold is not rendered in the collapse of the stock market risk aversion functions, gold funds are still declining, in the global economy entered a stable stage, especially after the stability of the eurozone debt crisis, appears certain to fall in the gold price remains to maintain the downward trend, 1180 dollars is the first support, late support $ 1150.
"Remission of the debt crisis acid reflux disease in Europe, and United States stock market strength, reduced the demand for precious metals investors, we still expect 1172 was future gold prices may reach the lowest point", rich financial commodity futures research Senior Manager when Shao Tao said the gold slipped $ 1172, if penetrated $ 1170, you see $ 1140 this limit.
And Wang Ruilei also expressed a similar view, in his view, the gold price is expected decline in short term homeopathy, 1170 has weak support, strong support from nearby in 1140, overall constructing the interval is more likely. Shao Tao pointed out that "at present, the today show inflation in Asia, Europe and America but suspected there is deflation, coupled with the easing of the debt crisis in Europe and the psychological impact of physical acid reflux symptoms demand low season, rising gold does not have the condition. ”
Shanghai China International Li Ning points out that, as gold investment and jewelry demand in more light in summer, and fund a large number have recently sold $ 1500 gold, due December 2010 call options, market confidence also suffer. From a technical point of view, Brin with a trumpet is still expanding trend, shows there is also a hit in the gold price in the short term space.
