The gold rate continued to bounce yesterday. Today suggested the investor may maintain the operation which the short line meets buys up lowly, the strict risk control, the radical investor short line may in recede buys up to 881 US dollars nearby, puts on 878 US dollar risk controls effectively, the short line goal looks at nearby 900 US dollars. Support position: 880th, 865, resistance position: 900th, 910
Yesterday international on-hand merchandise gold opening price 882.30 US dollars, highest 893.30 US dollars, lowest 881.30 US dollars, closed 890.20 US dollars, rose 7.60 US dollars, the increase scope is 0.86%. Gold market summary: Because India approaches the traditional marriage date, activates the gold demand in kind, and the US dollar second trading day falls continuously, on-hand merchandise gold receives on Wednesday high, approaches 900 US dollar/ounce short-term pressures once again. Looking from the short-term, on-hand merchandise gold low position buying offer enthusiastically, the technical surface support, a wave bounce quotation already started in addition, after the gold, the city still might look at high one. The price appeared yesterday continues to rise, the Japan K graph demonstrated that on-hand merchandise gold received yesterday on hachure long land, explained that the low position buying offer continued to enter the arena, the bounce quotation was still continuing. The even line system analysis, 5 and 10 even lines were still in underneath at present the K line, the gold price also stands above 100 daily average line 889 US dollars, but 20,30 and 60 daily average lines still suppressed the price. The technical specification MACD green column turns red, DIFF and DEA stick the alloy fork to be complicated, the slow KD gold fork upward yawn sending out, RSI three are in the weak area agglutination, the KDJ two gold fork yawn is upward. The technical specification supports the gold to continue to bounce. At present the K line movement presents the crosswise shape, the earlier period from 1006 falls still to fall the tendency until now, at present the graph space is 900-865. Then the one day of closing price breaks through this region possibly to present the explicit steering wheel. At present on-hand merchandise gold's underneath supported in 865 US dollars/ounces, the short-term resistance still nearby 900 US dollars/ounces.
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