Home > News > Industry News > Gold price continues to declin.....
Certifications
Contact us
        hotline: +86 0755-25861273 0755-25534056
        E-mail: sales@bzshow.net
Contact Now
Customer Comment
  • Thanks for your care and attention
    Thanks for your care and attention
    Your service was excellent and I was very impressed with your high level of professionalism☺.
    All my very best wishes, and once again many thanks for your care and attention.

    Kind regards,
  • A very, very, nice box!
    A very, very, nice box!
    I could not be happier. The boxes are perfect. Better than I imagined.
    Thank you all so much. Sincerely yours, 
  • England customer
    England customer
    Thank you for the Happy New Year, I am happy to do business with you, Hanna has helped me a lot and you should be proud to have such a good employee.
    There is lots of business this year to go through so as soon as my client starts giving me instructions I will be in touch with Hanna.
    Thank you for the gift, it was really thoughtful of you and I will be using it as my lucky pen this year.
    Speak soon
    Kind regards

News

Gold price continues to decline

  • Author:Yif
  • Source:yadao
  • Release on :2014-11-14
                     
                              Gold price continues to decline

             On 13,Nove , gold prices opened at 1161.70, the highest run to 1167.90, the lowest dropping to 1153.90, closing at 1162.00, the daily chart to close a doji.
The world's largest gold ETF - SPDR gold holdings as of November 14 was 720.62 tons, compared with a reduction of 2.05 tons the previous day. 

             On today's economic calendar for the week at the fundamentals are very important, but also can change the market to a very important day, focusing 15:00 German GDP, as well as 18:00 eurozone and the euro area GDP price index .
In such a continuous GDP announcement, if the good performance of its GDP will be conducive to the current euro short-term stabilization process, then the process continues until a slight rebound, and finally look at the night 21; 30 US retail sales.
Pupil temporary impasse


              Since this week, the price of gold has continued with shock consolidation trend, long and short temporary impasse. But now, due to the strong Fed rate hike expectations, the price of gold still look bearish trend. 



              International gold prices continue closing line within a narrow range, the dollar high and volatile in the physical supply and demand and geopolitical factors barely support under Jean bulls barely resist, making the international gold price being in a stalemate.
From the date line, the international gold price 5 day moving average and 10 day moving average bond, short indicators continue to suppress, drawings MACD Sicha heavy volume, but also to the bulls repeatedly failed to rebound today, the price of gold bears continue dominant. 


             Daily close doji, gold prices continue to remain volatile, increasingly narrow triangle finishing range from broken bits should be getting closer range, chips morphological point of view, concerns two positions 1173 and 1153, breaking 1173 mark on the continuation of rebound, below 1153 also opened to fall after finishing.
On Thursday, the price of gold white disk performance is relatively good short form, but bears no good use, the US offer is an opportunity long performance, while US gold plate the highest in the early morning of the test after 1168 did not open on Difficult rebound.
Now still remain volatile in the interval, after weighing, recommend short stop in 1173 was because of the shock city also led after the short to lighten'll fight to the continuation of the trend, and to do more to fight is to insist on the rebound, did not break above the critical point It also tangled space. 

             Especially crude oil and copper fell yesterday, but also future trends for a hint of gold, bear trend enough, with the gold price rally may still exist, but completely stand behind the 10-day moving average to say it, the first phase of short attention strict stop loss, not the effect.