Gold discussion
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Huijin NET, June 27 –
Greece debt crisis, the global economic slowdown fears still runs through financial markets last week. Economic decline of interest on the tone of the Conference of the Federal Reserve last week, triggered by concerns over slowing global economic recovery, raising heightened risk aversion, help up dollars for the third consecutive week. Europe debt crisis still continues "fall into a second" pattern of unsustainable boosted market confidence, to provide a strong support to USD safe-haven assets.
Comparison of important economic data this week was relatively small, mainly concern Greece debt crisis further trends, including Greece Government austerity programme implemented smoothly or not, acid reflux disease and whether other debt in the eurozone countries will be Greece s impact in crisis, moreover, continued concern about United States economic fundamentals.
Huang Jinchong high fall last week, trapping much higher before successfully breaking in, the last two trading days deep down below more averages and trendlines support, peripheral line received a Yin acid reflux diet line. From a morphological point of view of technology, adjustment is not over. I had previously stressed that gold breaking under triangular convergence form more likely movements in line with expectations, gold review 1501 is given important support on Friday, weeks near the line closed just this, if it fell below the support effectively, the following line near the target in 1479. Blank single push stop loss above the pre-1550 1514, recommendations still closed higher today short, near 1501,1511 can consider, support 1492,1486 below.
Silver trend is also weak last week near 36.7, the author recommends doing a blank silver, blank single push stop 34.8 holds today proposed to continue every high being acid reflux symptoms short, consider near 34.7, below the key support, 33.3.
Try decline does not recommend a single risk, transaction control positions, strict acid reflux treatment stop loss. acid reflux diet Planning transactions in the hands of trading scheme in the hands of.
Han Ye 2011-6-27
Editing: South Street
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