2011年12月5日 星期一
Gold Trades Strategy
Gold Trades Strategy
From a technical analysis point of view, the price of gold should be another sprint up the opportunity to challenge a recent high of $ 1,762. But the news of the international price of gold on the basic of good painting, and even after the rise in national stock market has reached an important resistance. Therefore, gold prices rose to 1760 levels if the trend suggested a go, dropped back to 1700 to see whether the mark, and to 1763.5 as a stop loss.
Later if the market conditions for the support below the 1732/30 position, rebound short of attention or just stop breaking 1740, 1720 primary open target price. Break below this, only saw the 1700 off. Conversely, if the gold market rose above 1762/1765 resistance softened considering the purchase, stroke rose to 1780 levels.
Strong demand, boosting gold prices reaching a record high
Deepening debt crisis in Europe, the United States to continue the quantitative easing policy, the situation in East and North Africa turbulence, energy price shocks up, slowing economic growth in emerging countries such as environment, highlighting the gold store of value. As an important hedging tool for international capital, gold position this year continuation of last year, sharply rising prices, the market demand for gold investment demand in particular is growing.
The uncertainty due to global inflation and worsening debt crisis in Europe, the U.S. dollar long-term weakening trend, increasing gold's safe-haven demand, the global gold investment enthusiasm. World Gold Council, the latest released in November gold demand trends report that gold demand in the third quarter of this year reached 1053.9 tons, an increase of 6%, worth $ 57.7 billion, setting a record high. Market demand for gold mainly from investments, gold, central bank reserves, four aspects of industrial demand. In the third quarter of 468.1 tons of gold investment demand, an increase of 33%. Central banks continue to increase their gold, gold in its reserves in the proportion of the total rising in the third quarter, the global central banks bought a net 148.4 tons of gold, of which a large range of developing countries, central banks buy gold, while the European central banks significantly reduce the the amount of gold sold, mainly to support the future of gold from central bank buying. The third quarter of industrial gold demand reached 120.2 tons, maintaining the level last year.
Strong demand, boosting gold prices reaching a record high. As of mid-November, this year's $ 1,560 an ounce gold price, average price of $ 1,224 over last year has risen 28 percent, on several occasions during the break through $ 1,800 an ounce mark. The first quarter of this year, gold prices rose 2.4% last year, London March 31, the price of gold reached $ 1,439 an ounce this year, start at the beginning of the long-term gold price of gold come true upward trend. The second quarter of the price of gold is steadily rising, the average price of $ 1,506.13 an ounce, growth of 8.6%, after hitting a high of $ 1,552 an ounce. The third quarter, the price of gold is surging, the average price per ounce $ 1,702 quarterly, an increase of 39%, September 5, 6, London, gold reached $ 1,895 an ounce, a record high. First quarter gold price fell from a high of September, then all the way to recovery, great prices peak and then washed trend
The uncertainty due to global inflation and worsening debt crisis in Europe, the U.S. dollar long-term weakening trend, increasing gold's safe-haven demand, the global gold investment enthusiasm. World Gold Council, the latest released in November gold demand trends report that gold demand in the third quarter of this year reached 1053.9 tons, an increase of 6%, worth $ 57.7 billion, setting a record high. Market demand for gold mainly from investments, gold, central bank reserves, four aspects of industrial demand. In the third quarter of 468.1 tons of gold investment demand, an increase of 33%. Central banks continue to increase their gold, gold in its reserves in the proportion of the total rising in the third quarter, the global central banks bought a net 148.4 tons of gold, of which a large range of developing countries, central banks buy gold, while the European central banks significantly reduce the the amount of gold sold, mainly to support the future of gold from central bank buying. The third quarter of industrial gold demand reached 120.2 tons, maintaining the level last year.
Strong demand, boosting gold prices reaching a record high. As of mid-November, this year's $ 1,560 an ounce gold price, average price of $ 1,224 over last year has risen 28 percent, on several occasions during the break through $ 1,800 an ounce mark. The first quarter of this year, gold prices rose 2.4% last year, London March 31, the price of gold reached $ 1,439 an ounce this year, start at the beginning of the long-term gold price of gold come true upward trend. The second quarter of the price of gold is steadily rising, the average price of $ 1,506.13 an ounce, growth of 8.6%, after hitting a high of $ 1,552 an ounce. The third quarter, the price of gold is surging, the average price per ounce $ 1,702 quarterly, an increase of 39%, September 5, 6, London, gold reached $ 1,895 an ounce, a record high. First quarter gold price fell from a high of September, then all the way to recovery, great prices peak and then washed trend
2011年12月2日 星期五
Gold price
According to the Securities Times, December 2, the world's central banks join forces to rescue the market, lower interest rates to stimulate the overall rise in the stock market and commodities, gold gains significantly. Analysts expect the euro zone sovereign debt issues and the United States next year will continue to bring commodity prices and stock market risk, and gold should be the sovereign debt risk from the benefit, a risk hedging tool, the performance will be better than other assets.
Overnight international gold standard by the Chinese central bank reduced the Fed and other central banks join forces to rescue the market six and many other unexpected sharp rise in positive stimulation, the highest intraday rose to $ 1,750, up $ 31.7. To continue yesterday's Asian session, higher volatility, intraday $ 1,758.
Affected by this Thursday, the Shanghai gold futures gapped, the major 1206 contract rose 4.51 yuan, transactions and positions were reduced. Early yesterday morning, gold futures positions have declined sharply, turnover increased dramatically, indicating funds have short stop at the beginning of the opening as well, but still no large-scale admission of new evidence of long funds.
Galaxy futures analyst Zhang Yingying that the global central bank's move should be a dialectical perspective, on the one hand, the global central banks join forces to rescue the market to ease the market sentiment on the other hand, the central bank rescue group shows there are serious downside risks to the economy. Moreover, the current global financial system, the biggest risk is the European sovereign bond markets, central banks inject liquidity group, is still not fundamentally solve the problem of the euro zone sovereign debt, medium and long term, the rescue effect is doubtful.
Spot gold closed $ 1,745.80
Wednesday Spot gold closed $ 1,745.80 / ounce, up $ 31.41, or 1.83%; Spot silver closed $ 32.78 / ounce, up $ 0.87, or 2.83%. Yesterday, the European debt crisis continued to affect the economic collapse of the moment, the world's six major central banks finally forced to take action to reduce China's central bank unexpectedly kept precision, six joint central bank dollar swap rates lower and extend the period of market liquidity, market drying up of liquidity concerns ease, more than expected U.S. ADP employment, risk appetite, weighed on the dollar lower, gold and silver following the surge in risky assets, the euro zone finance ministers reached a consensus on EFSF expansion, good news was short-term effects, long-term close attention to the European debt problems in a specific decision to implement
Spot gold closed $ 1,745.80
gold price
gold price
New York Mercantile Exchange (COMEX) 2012 February gold futures closed up on November 30, or $ 31.4 1.8% at $ 1,750.3 an ounce as the dollar fell 0.8% effect, March silver futures closed up 2.7% as per $ 32.804 an ounce. January platinum futures rose 1.3% as U.S. $ 1,560.8 an ounce and March palladium futures rose 4.85% closing a $ 612.6 an ounce. Monthly price of gold rose 1.45%, silver platinum and palladium fell 4.5%, 2.9% and 5.9% this year, gold and silver were up 23% and 6%, platinum and palladium were down 12% and 23.7%.
The world's largest gold exchange-traded fund (ETF) - SPDR Gold Trust (GLD.US) 11 30 1.21 metric tons of gold holdings increased as 1,298.53 metric tons, the cumulative increase in November, 54.98 tonnes. Largest silver ETF - iShares Silver Index Fund (SLV.US), 11 30 silver holdings flat at 9,627.88 metric tons, a cumulative reduction of 135.68 tonnes in November.
gold price
Gold price
gold price
Network will enable the introduction of temporary swap lines to provide other central banks the Bank of England sterling, if necessary, and provide liquidity to the Bank of England, should be necessary, the Japanese yen, euro, Swiss franc, Canadian dollar (U.S. $ in addition to existing operations).
First, this should encourage home only in an unstable state of the financial system is in now. In essence, this is a re-run agency in 2008 has become skeptical about lending to each other. Therefore, the central bank's step, and now other people's habits, or can not provide "liquidity." To read more FAQ issues here.
In essence, this is just another iteration of the central bank's only tool - printing money.
However, this should be another than how quickly and "blue" concerted action to remind them. You go to sleep, all is well, then you wake up only to see the world is your money the central bank devalued again.
In the grand scheme of things, this is just a small version of the final "grand concerted action" looks like. Imagine the news before going to bed and get up, the International Monetary Fund, to take concerted action, and the revaluation of the SDR currency is now worth half of what is worthy of yesterday.
This is the future, today's action, should wake up those who protect their wealth continues to reduce the call.
gold price
The central bank has agreed to reduce the pricing of 50 basis points in the existing temporary dollar liquidity swap arrangements
readers will all the news today, the world's central banks to take "concerted action" was not surprised. Coordinated action, of course, a euphemism for printing, the press is a good way to spike gold £ 1750 for $ 1110.
24-hour gold pounds:
24 hours gold dollars:
You can see from the above chart, the trend line in 2011 is still good.
So, what is "concerted action"? Release from the Board of Education:
Bank of Canada, Bank of England, Bank of Japan, the European Central Bank, the Federal Reserve and Swiss National Bank announced today that concerted action to improve their ability to provide liquidity to the global financial system support. These actions are intended to ease the pressure on financial markets, thereby reducing the supply of homes and businesses and other strains of credit to help promote economic activity.
The central bank has agreed to reduce the pricing of 50 basis points in the existing temporary dollar liquidity swap arrangements, the new interest rate, the U.S. dollar overnight index swap (OIS) rate plus 50 basis points. This pricing will be applied to from the December 5, 2011 for all operations. The authorized currency swap arrangement has been extended to February 1, 2013. In addition, the Bank of England, Bank of Japan, the European Central Bank, Swiss National Bank will continue to tender for three months, until further notice.
As an emergency measure, the central bank also agreed to establish a temporary bilateral liquidity swap arrangements, in each national currency in any jurisdiction that can provide liquidity conditions, the warrants market. Currently, there is no need to provide their national currencies other than U.S. dollars of liquidity, but the central bank to determine prudent to make the necessary arrangements to enable the liquidity support operations can be put in place quickly should the need arise. Swap lines until February 1, 2013.
24-hour gold pounds:
24 hours gold dollars:
You can see from the above chart, the trend line in 2011 is still good.
So, what is "concerted action"? Release from the Board of Education:
Bank of Canada, Bank of England, Bank of Japan, the European Central Bank, the Federal Reserve and Swiss National Bank announced today that concerted action to improve their ability to provide liquidity to the global financial system support. These actions are intended to ease the pressure on financial markets, thereby reducing the supply of homes and businesses and other strains of credit to help promote economic activity.
The central bank has agreed to reduce the pricing of 50 basis points in the existing temporary dollar liquidity swap arrangements, the new interest rate, the U.S. dollar overnight index swap (OIS) rate plus 50 basis points. This pricing will be applied to from the December 5, 2011 for all operations. The authorized currency swap arrangement has been extended to February 1, 2013. In addition, the Bank of England, Bank of Japan, the European Central Bank, Swiss National Bank will continue to tender for three months, until further notice.
As an emergency measure, the central bank also agreed to establish a temporary bilateral liquidity swap arrangements, in each national currency in any jurisdiction that can provide liquidity conditions, the warrants market. Currently, there is no need to provide their national currencies other than U.S. dollars of liquidity, but the central bank to determine prudent to make the necessary arrangements to enable the liquidity support operations can be put in place quickly should the need arise. Swap lines until February 1, 2013.
訂閱：
文章 (Atom)