Gold market analysis

2021-08-17

August 17 th   Today's volatility range: China is the first country in the world to emerge from the epidemic, but the latest economic data released by China is less than expected, indicating that supply demand is being distorted under global integration, plus the Federal Reserve Bank of New York, The manufacturing index dropped significantly from the record high. However, the number of people infected with COVID-19 in the United States increased rapidly, and the decline in consumer confidence index weakened the Fed's expectation of reducing quantitative easing ahead of schedule. But there was another Fed last night Officials made speeches to support the compression of quantitative easing, and Rosengren of the Federal Reserve said that if the next employment report performed strongly, he would support the debt reduction plan in September. The market is waiting for America According to the minutes of the July meeting of the Open Market Committee, the gold market will still fluctuate in the absence of direction. Today, it is suggested that the volatility should be between 1776 and 1794.   After the local COVID-19 epidemic was cleared and the cable was cut off again, a female patient who worked at the airport was found to have a highly contagious variant virus strain, which was classified as a local case due to the record of internal and external travel during the incubation period. With the zero-tolerance epidemic management model in the Mainland, Hong Kong people's hopes of customs clearance to save the market have once again failed. Hong Kong stocks fell for three consecutive days, with a net outflow of Beishui, and technology stocks became the target of selling. The Hang Seng Science and Technology Index fell more than 2.5%. Hang Seng Index opened lower and closed lower, and finally closed down 0.8%. The lingering epidemic once again threatened the European economy. The three major European stock markets fell across the board yesterday, and the German DAX index fell 0.32%; The CAC index in Paris, France fell by 0.83%; Britain's FTSE 100 index fell 0.90%.   The manufacturing index of the Federal Reserve Bank of New York dropped significantly from the record high. The market expected 29, but it was only 18.9. The US stock market opened lower, but the US Senate passed Biden's $1 trillion cross-party infrastructure draft. Infrastructure stocks became a risk-averse sector, and the three major indexes of US stocks developed individually. Dow Jones index and S&P 500 index rose and reached new highs, up 0.31% and 0.26% respectively, but Nasdaq index closed lower, down 0.20%. The gold market continued to rise last week, and the Taliban quickly occupied Afghanistan. The chaotic situation in the Middle East stimulated the gold price to rise. The highest price of gold was 1,789 US dollars, the lowest price was 1,771 US dollars, and it closed at 1,787 US dollars yesterday. Up 7 dollars. For detailed analysis and operational suggestions, please CLICK the following link to join the group and check with the administrator https://t.me/mingtakchat

2021-08-16

August 16 th   Today's volatility range: The oversupply of US dollars also points to the rationality of the Fed's ability to latch up, but the uneven data drives more variables for the Fed to shrink its schedule. Apart from the unstable labor data, inflation seems to peak. And the COVID-19 epidemic will not go away, which will complicate the bitmap of the next American Market Committee. It is expected that the gold market will still fluctuate next week, and its upward momentum will not decrease, giving it a chance to challenge $1,800. Today's proposed amplitude is between 1772 and 1784.   Hong Kong's economy is improving continuously. Financial Secretary Chen Maobo said that the growth forecast for the whole year of this year was raised from the original 3.5% to 5.5% to 5.5% to 6.5%. Hong Kong stocks rebounded last week, led by technology stocks. Hang Seng Index opened higher and closed higher last week, rising 0.53% to close. In Europe, the consumer price index of Germany increased to 0.9% in July from 1.29% in June, the three major European stock markets rose across the board last week, and European companies performed well. Germany's DAX index broke a record high, rising 1.29%; The CAC index in Paris, France rose by 1.14%; The FTSE 100 Index rose 1.34%. The US Senate passed Biden's $1 trillion cross-party infrastructure draft, although the draft It still needs to be approved by the House of Representatives, but the concept of infrastructure is enough to stimulate the traditional economic stocks sensitive to economic performance. The three major indexes of US stocks developed individually last week, and the Dow Jones index and the S&P 500 index rose and reached new highs. They rose by 0.81% and 0.68% respectively, but the Nasdaq index closed down by 0.22%.   In the past Monday, when most Asian investors were still dreaming, the bears made a successful raid in the early morning with the latest non-agricultural data and the Fed is expected to start shrinking the table at the end of this year, throwing a value of 390 million in one minute Gold, the gold market collapsed, the price of gold once fell below $1,700, only to $1,678 to make up the position obviously, with a drop of $85, and then the decline narrowed, closing at $1,730 that day, still falling by $33. The gold market was short After Monday's frenzy, people's hearts became weak. The market was observing the inflation data released by the United States. The gold market performed relatively stably on Tuesday, and the volatility only expanded during the opening hours of the US market. The highest price of gold was $1,738, and the lowest price was $1,738 1718 dollars, closed at 1729 dollars, down 1 dollar. Tuesday's small decline paved the way for Wednesday's rise, ignoring the basic factors and considering the gold market with technical analysis alone. The daily price of gold fell for four consecutive days and was relatively strong and weak The index was oversold, and a cross star appeared on Tuesday. The gold price was revised upwards. In addition, the US announced that the core consumer price index was expected to grow by 0.3% that night, indicating that inflation has cooled down and eased the pressure of Fed officials to raise interest rates. The US dollar index fell below 93 points to 92.9, which contributed to the increase of gold price, closing at 1752 US dollars, up 23 US dollars. On Thursday, the price of gold was consolidated and almost closed flat. On Friday, the United States announced that the consumer confidence index of the University of Michigan fell in August. It plummeted from 81.2 in July to 70.2, hitting a new low since December 2011, indicating that consumers expect uncertain economic prospects in the next few months. Although there are different reasons, it is still a lingering COVID-19 epidemic that affects employment income. And super inflation has caused real wages to fall. After the consumer confidence index of the University of Michigan, the US dollar index plummeted, and the lowest fell to 92.50. The US dollar fell and gold appreciated. The gold price closed at 1780 US dollars, up US dollars. In a week, it rose by $17. For detailed analysis and operational suggestions, please CLICK the following link to join the group and check with the administrator https://t.me/mingtakchat

2021-08-13

August 13 th   Today's volatility range: The price of gold was contended yesterday, and more Fed officials made speeches to support the compressed quantitative easing policy, and predicted to start raising interest rates in 2023. Among them, Kaplan, a hawkish representative, He said the day before yesterday that the Fed should announce the reduction in September and formally implement it in October. There are more variables in the schedule of the Fed's contraction. Apart from the unstable labor data, inflation seems to peak. And the COVID-19 epidemic will not go away, which will complicate the bitmap of the next American Market Committee. However, the oversupply of dollars also points to the rationality that the Fed can latch its throat. In the absence of direction, Although the gold market will still be consolidated, it can't break through 1760 dollars yesterday, so it should be empty today. Today's proposed amplitude is between 1742 and 1758.   According to the Census and Statistics Department of Hong Kong, the provisional population of Hong Kong in mid-2021 was less than 7.4 million. In addition to the natural decrease of 12,000 people, the number of people coming to Hong Kong with one-way permits due to the COVID-19 epidemic. Compared with the same period of last year, it dropped by 37%. In addition, nearly 90,000 Hong Kong people left Hong Kong during the same period, which was the main reason for the population decline in Hong Kong. The government explained that the net migration covers Hong Kong residents for various purposes such as working and studying. The movement in and out of Hong Kong cannot be explained. However, population decline naturally harms the labor market and economic structure, so it is impossible for the government not to study and prevent the population from losing. Hong Kong stocks can't rise again after three consecutive days. Hang Seng Index opened higher and closed lower, down 0.53%. In Europe, the growth of British manufacturing output was worse than expected, and the three major European stock markets developed individually. Among them, the German and French stock markets rose for three consecutive days, up 0.70% and 0.36% respectively < the german stock market hit a new high, while the British stock market ended its 4-day uptrend, with the FTSE 100 index rising 0.37%.   The US Senate passed Biden's $1 trillion cross-party infrastructure draft. Although the draft still needs to be passed by the House of Representatives, the market expects that there will only be noise when the House of Representatives resumes, and the draft will not be pulled down by the Republican Party. Capital construction draft Stimulate the traditional economic stocks sensitive to economic performance, and the three major indexes of US stocks developed individually. Dow Jones index and S&P 500 index rose and reached new highs, up 0.62% and 0.25% respectively, but Nasdaq index closed lower, down 0.16%. The number of new jobless claims in the United States fell for three consecutive weeks last week. Investors are more confident that the employment data shows that the US economy is recovering steadily, further pushing up the Wall Street stock market. The Dow Jones and S&P have reached new highs for three consecutive days. Nasdaq index, It also stabilized after falling for 2 days; Dow Jones index rose 0.04%; The S&P 500 index rose by 0.30%; Nasdaq index rose 0.35%. The annual meeting of global central banks will be held in Jackson City, Wyoming, USA at the end of the month. At the same meeting last year, Federal Reserve Chairman Powell put forward the "average inflation target", which revealed the Fed's position of allowing inflation to be higher than 2% for some time. At that time, Powell said that if inflation rose above the target level, the Fed would Take action without hesitation. The words are still in my ears. Although the inflation rate in the United States has recently leveled off, the annual rate is still over 4.5%. In the past year, I heard the most temporary inflation, but recently more Fed officials made statements to support the compression of quantitative easing policy, and the most intense. Of course, Kaplan, a hawkish representative, said the day before yesterday that the Fed should announce the reduction in September and formally implement it in October. Will the Fed take advantage of the meeting to reveal the task and the new attitude of monetary policy, especially Powell It is worth paying attention to. But what is interesting is the liquidity problem; The American media reported that there was a recent upsurge of corporate bond issuance in the United States. In the past Monday and Tuesday alone, a total of 30 tier-one enterprises in the United States issued bonds. It is the two days with the highest number of issuers since September last year. Together with other subordinated debt issuance, the bond market has absorbed 48 new issuance cases in two days, with a total amount of 36 billion US dollars, which is enough to prove that enterprises expect interest rates to rise and the interest rate of US debt is relatively high. Make financing and absorb water when it is cheap; Behind the crazy issuance of bonds, the use of reverse repurchase tools by the Federal Reserve surged. Just last night, the amount of repurchase by the Federal Reserve reached a record high of 1.087 trillion US dollars. It shows that there is an oversupply of US dollars. It is also evidence that the Fed can bolt the water throat.   Rising commodity costs and supply bottlenecks are still increasing the inflationary pressure of American companies. In the context of strong demand, tight supply chain and shortage of raw materials, the US producer price index in July recorded the largest since 2010 Year-on-year increase, monthly increase of 1%, and 7.8% compared with the previous year. Producers will eventually pass on the new costs to consumers, which will also constitute inflationary pressure. The price of gold was contended yesterday, and it rose in the early period, reaching a maximum of $1,758. However, the employment data is ideal, and the producer price index recorded the best performance in the near future, which led to the rebound of the US dollar and the pressure on gold. The lowest price was US$ 1,742, which closed at US$ 1,753 yesterday, up one dollar. For detailed analysis and operational suggestions, please CLICK the following link to join the group and check with the administrator https://t.me/mingtakchat

2021-08-12

August 12 th   Today's volatility range: Although more Fed officials have spoken in support of the compressed quantitative easing policy and predicted to raise interest rates in 2023, the United States recently announced that the core consumer price index of the United States will increase by 0.3%, indicating that inflation has cooled down. Relieved the pressure of Fed officials to raise interest rates. So far, the Fed has more variables in the timetable for shrinking the table. Apart from the unstable labor data that is mainly concerned, inflation seems to peak, and the COVID-19 epidemic can't be driven away, which will make Next time, the bitmap of the American Market Committee will become more complicated. The gold price will be consolidated at the current price, and today's suggested volatility is between 1738 and 1763.   Since yesterday, the Hong Kong government has lowered the "same-day vaccination" threshold to 60 years old. There is no need to make an appointment before the market. Each center serves the public on a first-come-first-served basis and can be vaccinated on the same day. There were about 3.5 thousand people yesterday Citizens successfully vaccinated. The fund-raising program was launched on July 29, with a daily quota of 4.6 thousand. Up to yesterday, a total of about 24,500 funds were dispatched, that is, about 1.7 thousand funds were dispatched daily on average, accounting for less than 38% of the daily quota. The response was not enthusiastic. Based on yesterday's participation rate, the government predicts that 70% of the mayors who completed the first vaccination locally before the end of this year will receive it. Therefore, the opening period of the vaccination center will be extended to December this year to fight for it Customs clearance with the mainland. Hong Kong stocks rose for three consecutive days, and the Hang Seng Index opened higher yesterday. However, as the market closed, China Banking and Insurance Regulatory Commission, China planned to rectify the chaos in the Internet insurance industry, and the Hang Seng Index's increase narrowed, rising 0.2% to close.   In Europe, Germany's consumer price index increased from 0.4% in June to 0.9% in July, and the three major European stock markets rose across the board. Coupled with the satisfactory performance of European companies, Germany's DAX index broke the historical high and rose by 0.35%; Paris, France CAC index rose by 0.55%; The FTSE 100 Index rose 0.83%. The US Senate passed Biden's $1 trillion cross-party infrastructure draft. Although the draft is still to be passed by the House of Representatives, the market expects that there will only be noise when the House of Representatives resumes. The draft will not be pulled down by the Republican Party. The infrastructure draft stimulated the traditional economic stocks sensitive to economic performance, and the three major indexes of US stocks developed individually. The Dow Jones index and the S&P 500 index rose and reached new highs, up 0.62% and 0.25% respectively. However, the Nasdaq index closed down by 0.16%. Last night, the United States announced that the core consumer price index was expected to increase by 0.3%, indicating that inflation was cooling down, and the US dollar index fell below 93 points to 92.9. Gold prices rose yesterday, benefiting from the US core The flattening of the consumer price index eased the pressure of Fed officials to raise interest rates, which was beneficial to the performance of gold. Yesterday, the lowest price of gold was $1724, and the highest price was $1754. Yesterday, it closed at $1752, up $23. For detailed analysis and operational suggestions, please CLICK the following link to join the group and check with the administrator https://t.me/mingtakchat

2021-08-11

August 11 th   Today's volatility range: The inflation and owner data that the Federal Reserve is mainly concerned about have been basically met. It is expected that the delisting schedule will be announced to the world within this year. After reducing debt purchase, it will raise interest rates. According to Clarida, The Federal Reserve began to raise interest rates in 2023, and more Fed officials in the market spoke in support of the compressed quantitative easing policy. The rising interest rate is not conducive to gold, an investment tool that will not earn interest. After the gold market was bombarded by bears on Monday, people's hearts became timid. The market was observing the inflation data released by the United States this week. At 8: 30 tonight, there was the core consumer price index of the United States. If the figures could not be leveled off, Even if there is acceleration, the pressure of Fed officials to raise interest rates will increase, which will affect the accelerated tightening of monetary policy, which will be even more unfavorable to the performance of gold. But ignoring the basic factors and considering the gold market only by technical analysis, Yesterday, the daily price of gold fell for four consecutive days, the relative strength index was oversold and a cross star appeared, and the price of gold will have the opportunity to be revised upwards. Today, the proposed amplitude is between 1725 and 1742.   According to the Hong Kong Securities Regulatory Commission, the investor identification code system will be introduced into the local securities market in the second half of next year. Licensed corporations and registered institutions, including banks and securities firms, must submit each transaction to the Stock Exchange The customer's identification number, which will be migrated with the customer's name and identity documents. This kind of real-name registration is convenient to supervise the market and helps to crack down on irregularities in the stock market. Meituan and Tencent Holdings were sought after yesterday. After three consecutive losses, the Hang Seng Science and Technology Index finally ushered in a rebound and climbed nearly 2.5%; And led the Hang Seng Index to close at a full-day high, up 1.23% or 322 points. Without fear of the poor report of ZEW economic prosperity index in Germany, The three major European stock markets rose across the board, mainly due to the ideal performance of European companies driving the market atmosphere, and the German DAX index rose by 0.16%; The CAC index in Paris, France rose by 0.10%; Britain's FTSE 100 Index rose 0.40%.   The U.S. Senate passed Biden's $1 trillion cross-party infrastructure draft, and the three major indexes of U.S. stocks developed individually. The infrastructure draft stimulated the traditional economic stocks sensitive to economic performance to make good, and the three major indexes of U.S. stocks developed individually. Dow Jones index and S&P 500 index rose to record highs, up 0.46% and 0.10% respectively, but Nasdaq index closed lower, down 0.49%. The US$ 1 trillion infrastructure draft was passed, and the US dollar benefited. The US dollar index rose above 93 points, and the yield of US 10-year Treasury bonds also rose to 1.35%. The price of gold fell yesterday, and after the gold market was bombarded by bears on Monday, people were afraid, and investors were watching and observing the inflation data released this week. Yesterday, the performance of gold market was relatively stable, and the volatility only expanded during the opening hours of the US market. The highest price of gold was $1,738, and the lowest price was $1,718. Yesterday, it closed at $1,729, down one dollar. For detailed analysis and operational suggestions, please CLICK the following link to join the group and check with the administrator https://t.me/mingtakchat

2021-08-10

August 10 th   Today's volatility range: The inflation and owner data that the Federal Reserve is mainly concerned about have been basically met. It is expected that the delisting schedule will be announced to the world within this year. After reducing debt purchase, it will raise interest rates. According to Clarida, The Federal Reserve began to raise interest rates in 2023. Rising interest rates are not conducive to gold, an investment tool that will not earn interest. Yesterday morning, the bears made a special attack, throwing gold worth 390 million in one minute and implementing it in the gold market A stress test was conducted on the Fed's prediction of tightening monetary policy, indicating that the price of gold will be adjusted back after raising interest rates, and the recent support level is around $1,680. The gold market was killed by bears yesterday, and people were guilty and afraid. The market is observing the inflation data released this week, but it is beneficial to sell high and sell low. Today, the proposed amplitude is between 1720 and 1738.     In February 2019, the government amended the constitution to prohibit the import, manufacture, sale, distribution and promotion of alternative smoking products, including electronic cigarettes, heated tobacco products and herbal cigarettes. However, only the stairs rang, and the regulations were still not passed by the Legislative Council. Last week, Xinhua News Agency, the official media of China, published an investigation report entitled "Beware of E-cigarettes Flowing to Minors", saying that even though the Chinese government has expressly stipulated that E-cigarettes should not be sold to minors, some of them are under the guise of trends. It is suggested that the crackdown on the sale of e-cigarettes should be strengthened because of the penetration of different flavors into minors in various packages; Hong Kong officials got the message. The Food and Health Bureau said yesterday that the government would strive for the current Legislative Council session The draft ban on heating cigarettes and electronic cigarettes was adopted. Yesterday, the official media fired guns again and blasted the chip suppliers, accusing them of hoarding and pushing up the price. Regulatory culture is the wind, and the official media points to that sector, investors Immediately reduce that plate, the weight is better than the research report of Hip-Kuo University, and the chip stocks are certainly sold, which is even more harmful to many auto stocks. Fortunately, yesterday's net inflow of 3.45 billion yuan from the north to the south supported Hong Kong stocks, and the Hang Seng Index fell first and then rose. Up 0.4% to close.   Yesterday's data in Europe were uneven. In June, Germany's monthly export growth accelerated to 1.3%, while the monthly import growth slowed down to 0.6%, but both were higher than market expectations. According to a survey conducted by the French central bank, the economic activity in France in July was a new pneumonia epidemic The former level is still 1% to 1.5% lower. The Bank of France expects that due to new epidemic prevention measures, bars and restaurants need to show health certificates and other measures, which will affect the performance of the food service industry in August this year. It is expected that the economy will be quarterly in the second quarter The growth rate is 0.9%, and the annual economic growth target is 6%. The index of investor confidence in the euro zone even fell to 22 points, the first decline since March this year, indicating that the epidemic once again plagued the European economy, and the three major European stock markets developed individually. The German DAX index fell by 0.10%; The CAC index in Paris, France fell by 0.06%; Britain's FTSE 100 Index rose 0.13%. Last night, the US labor mobility survey reported job vacancies. The report showed that there were 10,700 job vacancies in the labor market. The data is more inclined to the Fed tightening monetary policy early, and liquidity will decrease, which is not conducive to investment performance. Wall Street, The three major indexes were mixed, and the Dow Jones index fell by 0.30%; The S&P 500 index fell 0.09%; Nasdaq index rose 0.16%. Last Friday, the United States released non-agricultural data, which outperformed expectations. The Federal Reserve is expected to start to shrink its statement at the end of this year. Its vice chairman even predicted that the Fed would raise interest rates conditionally in 2023. Yesterday morning, the bears made a special attack, throwing gold worth 390 million in one minute, and the gold market collapsed. It once fell below 1,700 US dollars, and only when it was killed to 1,678 US dollars did it make up the position obviously. It fell by $85, and then it narrowed, closing at $1730 yesterday, still falling by $33. For detailed analysis and operational suggestions, please CLICK the following link to join the group and check with the administrator https://t.me/mingtakchat

2021-08-09

August 9 th   Today's volatility range: The inflation and owner data that the Federal Reserve is mainly concerned about have been basically met. It is expected that the delisting schedule will be announced to the world within this year. After reducing debt purchase, it will raise interest rates. According to Clarida, The Federal Reserve began to raise interest rates in 2023. Rising interest rates are not conducive to gold, an investment tool that will not earn interest. It is expected that the gold market will be weaker this week. It has plunged to 1672 this morning, hitting a one-year low, and is now covering short positions. After rebounding, it can be emptied again, and the suggested amplitude is between 1710 and 1742.   Last week, the official media reached out again, and the dairy stocks became the latest target of the central government. The domestic media quoted a seminar report, saying that many experts at the table said that the marketing method of formula milk powder affected pregnant women not to breastfeed newborn babies. It is necessary to standardize the marketing behavior of breast milk substitutes. The news dragged down dairy stocks, but Kewang stocks rebounded, and Hang Seng Index rose 0.84% last week. The Bank of England announced the interest rate decision last Thursday, keeping the interest rate unchanged at 0.1%. And maintain the scale of assets purchased at 895 billion pounds, which is in line with the market expectation. The Bank of England predicts that inflation will continue to rise, rising to 4% in the fourth quarter of this year, and the central bank also said that when interest rates rise to 0.5%, The central bank will shrink the table. The stronger wording of the minutes of the UK Monetary Policy Committee shows that the Bank of England is changing its monetary policy attitude as the economy improves. Last week, the three major European stock markets performed well. The German DAX index rose by 0.83%; The CAC index in Paris, France rose by 2.39%; The FTSE 100 Index rose 1.29%.   On Friday, the United States released non-agricultural data, which increased by 943,000 people, outperformed expectations, and the unemployment rate dropped to 5.4%. The two data showed that the economy improved and the labor market dilemma was reversed. Wall Street's three major indexes continued to rise, and every week, Dow Jones index rose 0.69%; The S&P 500 index rose by 0.67%; Nasdaq index rose 0.52%. At the beginning of the week, investors waited for the non-agricultural data to be released, and the gold market remained cautious and relatively calm, contending for between $1810 and $1815. On Wednesday evening, the United States released a report on the changes in non-agricultural employment. The market expected that the job market would increase by 695,000 jobs, but the result was a big accident, only 330,000 jobs, which was the worst performance in five months. It also fell for two consecutive months. Weak employment data supported the Federal Reserve's extension of monetary policy easing, and the US dollar was sold off. The US dollar index once fell below 92 points, the worst was 91.82 points, and the gold price soared to 1832 dollars. But the Fed has officials Not playing cards according to common sense, completely ignoring the latest labor market data, even though the employment data of the new furnace is significantly worse than expected, it still shows the eagle. Clarida Dafa, vice chairman of the Federal Reserve, said at the think tank forum that as long as the conditions are met, It is expected to start to shrink at the end of this year, and it is predicted that the Fed will raise interest rates conditionally in 2023. As a result, the price of gold dropped sharply by $25, reaching a minimum of $1807.   Many Fed officials, including Federal Reserve Vice Chairman Clarida, have repeatedly made hawkish remarks, which made the gold market jittery. As the expected interest rate rise will make the gold price outlook gloomy, the bears exerted their strength on Thursday, and the gold price once fell below the key of $1,800. On Friday, strong non-agricultural data were released, and the unemployment rate in the United States performed better than expected. The market accepted that the Federal Reserve Clarida's remarks were not "wolf coming", and the gold price plummeted by up to 46 US dollars, closing at 1763 US dollars, down 41 US dollars. In a week, it dropped by 51 dollars. For detailed analysis and operational suggestions, please CLICK the following link to join the group and check with the administrator https://t.me/mingtakchat

2021-08-06

August 6 th   Today's volatility range: Many Fed officials, including Federal Reserve Vice Chairman Clarida, made hawkish remarks many times, which made the gold market jittery. Due to the expectation that the rising interest rate will make the prospect of gold price gloomy, the short position made an effort yesterday. The gold price once fell below the key of $1,800, but before the non-agricultural report was released, the bears did not dare to be more aggressive and closed at $1,804. The non-agricultural report was released tonight. According to the forecast of hawkish officials of the Federal Reserve, The figures will be biased towards the growth momentum. However, small non-agricultural enterprises have explained that it is not that thing, but officials who have voiced their voices are the first clowns? See you at 8:30 in the future! The price of gold has changed, and today it is suggested that the volatility should be between 1795 and 1808.   Some bank economists predict that Hong Kong's economic growth this year is expected to exceed 6%. If the economy is to perform better, the prerequisite is that customs clearance with the Mainland can be resumed before the weak tourism and retail industries can be saved. The Hong Kong Government announced yesterday that, In view of the fact that the tourism industry is still difficult to recover in the short term and the business environment is difficult, nearly HK$ 377 million has been allocated to the tourism and related industries. Hong Kong officials are in a dilemma, and the mainland has zero tolerance for the epidemic. Macao has recently added it Of the four confirmed cases of Delta crown variant virus, He Yicheng, the chief executive of Macao, decisively closed the customs earlier and announced on Tuesday that the whole people were required to be tested, which can be said to fully match the national conditions. The Macao SAR industry is relatively simple, and the main income is It comes from the lottery industry and has a small population, so it is easier to implement the policy. Hong Kong's population density is world-famous, and its economy is extroverted, with a large number of economic sectors. Finance, trade, tourism and logistics have a greater impact on the latter two. It is not conducive to economic recovery, because it is politically incorrect and compared with Macao. "Sealing and not sealing" has become the current pain of the SAR Government.   The official media once again issued a document, saying that the tax revenue of online game industry should not get preferential treatment, but should be paid to traditional industries. Tencent led the decline, and the Hang Seng Science and Technology Index fell nearly 4%, which caused the Hang Seng Index to fall 0.84% yesterday. The Bank of England announced the interest rate decision yesterday. Keep the interest rate unchanged at 0.1%, and maintain the scale of assets purchased at 895 billion pounds, which is in line with the market expectation. The Bank of England expects inflation to continue to heat up and will rise to 4% in the fourth quarter of this year, and the central bank also said that when interest rates rise, After reaching 0.5%, the central bank will implement the scale reduction. The stronger wording of the minutes of the British Monetary Policy Committee shows that British banks are changing their monetary policy attitude. The three major European stock markets developed individually, and the German DAX index rose by 0.33%; The CAC index in Paris, France rose by 0.52%; Britain's FTSE 100 index fell 0.05%. Last week, the number of initial jobless claims in the United States reached 385,000, which was in line with market expectations. The number of people who continued to receive unemployment benefits fell to less than 3 million, the lowest since the outbreak of the epidemic in March last year. In addition, many companies announced their ideal performance yesterday, and the three major indexes on Wall Street continued to rise, and the Dow Jones index rose by 0.78%; The S&P 500 Index and the Nasdaq Index re-entered a new high in the market, rising by 0.60% respectively; Up 0.78% to close.   Many Fed officials, including Federal Reserve Vice Chairman Clarida, made hawkish remarks many times, which made the gold market jittery. Yesterday, the highest price of gold was $1,815. As it is expected that the rising interest rate will make the prospect of gold price gloomy, the bears exerted their strength last night. The gold price once fell below the key of $1,800, with the worst value of $1,798. However, before the non-agricultural report was released, the bears did not dare to be more aggressive, and the gold price finally closed at $1,804, down $8. For detailed analysis and operational suggestions, please CLICK the following link to join the group and check with the administrator https://t.me/mingtakchat  

2021-08-05

August 5 th   Today's volatility range: Gold price was repeated yesterday, and the growth rate of small non-agricultural figures hit a new low in five months, which supported the sharp rise of gold price. However, Federal Reserve Vice Chairman Clarida ignored the latest labor market data and still flaunted the eagle and shattered the gold market. Yesterday, the price of gold went up and down by the small non-agricultural university. Tomorrow, there will be data of non-agricultural employment in the United States last month. It is expected that the volatility of gold price will decrease today. Today's proposed amplitude is between 1806 and 1818. Hong Kong "clears" the cable! It lasted for nearly two months. Yesterday, a newly confirmed case of unknown origin appeared in the local area. A 43-year-old construction site welder living in Sham Shui Po was diagnosed. Health bureau It means that the patient has been tested for virus regularly since May because of his work. The latest test confirmed that he was infected with Covid-19, but no virus was detected after repeated tests after admission, but he carried antibodies. Confirmed to have been infected, it may be a case of reactivation. Hopes for customs clearance to improve the economy have failed again. In July, the purchasing managers' index of Hong Kong slowed down compared with that of June, and the figure of 51.3 was still above the dividing line of 50, reflecting Hong Kong The economy has not deteriorated. Hang Seng Index rebounded yesterday, rising 0.88%. Business activities in the euro zone are expanding at the fastest rate in 15 years. The data shows that the Eurozone Purchasing Managers Index released on Wednesday was 59.5 liters in June To 60.2 in July. The three major European stock markets rose across the board, and the German DAX index rose by 0.88%; The CAC index in Paris, France rose by 0.33%; The FTSE 100 Index rose 0.26%.   Small non-agricultural data is less than expected, and the performance of US stock companies is mixed. The three major indexes on Wall Street have developed individually, and the Dow Jones index has fallen by 0.92%; The S&P 500 index fell 0.46%; Nasdaq index rose 0.55% to close. Last night, the United States released a report on the changes in non-agricultural employment. The market expected that the job market would increase by 695,000 jobs, but the result was a big accident, only 330,000, which was the worst performance in five months and also for two consecutive months Fall. Weak employment data supported the Federal Reserve's extension of tightening monetary policy, and the US dollar was sold off. The US dollar index once fell below 92 points, with the worst being 91.82 points. However, after the publication of the non-agricultural report, the dollar turned sharply Bounce up to 92.31 points; The reason is that Clarida, the outgoing vice chairman of the Federal Reserve, delivered a speech, saying that inflation is temporarily exceeding the target, and proposed that the framework for reducing the scale of debt purchase will be evaluated at future meetings. Said that as long as the conditions are met, it is expected to start to shrink the table by the end of this year, and predicted that the conditions for raising interest rates will be met before the end of 2022, and the rate increase will start in 2023. The news immediately reversed the currency market atmosphere. In addition, on the occasion of the speech of Federal Reserve Vice Chairman Clarida, the United States also released another economic data, the institute for supply management Non-Manufacturing Purchasing Managers Index, which is 64 figures .1, far exceeding The expected 60.5, a new high since the data was recorded in 1997, shows that the expansion of commercial activities, especially the service industry, is accelerating. Strong data also contributed to the dollar's rise last night. Gold price repeated yesterday, The growth rate of small non-agricultural figures hit a new low in five months. The market expects weak employment data to support the Fed's extension of tightening monetary policy. The price of gold has soared to 1832 US dollars, but Federal Reserve Vice Chairman Clarida released the eagle and said that it can start at the end of this year To reduce debt buying and raise interest rate as soon as possible in 2023, the price of gold quickly recovered, with the worst price reaching $1,807, and the price of gold finally closed at $1,812, up $2. For detailed analysis and operational suggestions, please CLICK the following link to join the group and check with the administrator https://t.me/mingtakchat

2021-08-04

August 4 th Today's volatility range: Investors wait and see the non-agricultural data of the United States this week, and the price of gold has repeatedly declined in the depressed market. The RBA announced the results of interest rate decision yesterday, saying that it would reduce its bond purchase plan. There are very small agricultural data tonight, This is the employment data closely watched by the Fed; If the value goes, do Fed officials have enough courage and courage to follow Australia's pace only by tonight's data, and ignore the new normal of virus coexistence?   Last week, the price of gold broke through the psychological barrier of $1,800, but there was obvious resistance at $1,830. Yesterday, the volatility was only $8, and the market situation was relatively dull. Tonight, the small non-agricultural data will reverse this situation. Today, the proposed amplitude is between 1802 and 1820. Yesterday, before the opening of the Hong Kong stock market, the electronic newspaper of Xinhua News Agency in the Mainland severely criticized online mobile games and published an article entitled "Spiritual Opium has grown into hundreds of billions of industries", with "spiritual opium" and "electronic drugs" Such as severe criticism of the impact of online games on minors, even named Tencent. Although the official media later removed and re-shelved their articles, they deleted the more severe words; However, Tencent issued a document yesterday, saying that it has pushed a number of measures Shi aims at the problem of minors' addiction. Tencent's share price has plunged nearly 11% at most. The mainland once again intervened in the economy, and Hong Kong stocks did not operate. The prevailing regulatory culture not only scared foreign investment, but also scared away mainland funds. Hong Kong Stock Connect recorded a net yesterday It sold 4.94 billion yuan, and Beishui's net outflow exceeded 50.2 billion yuan for 12 consecutive days. Hang Seng Index fell another 461 points yesterday, and the closing decline narrowed to 41 points or 0.16%. Affected by mergers and acquisitions and performance news, the three major European stock markets developed individually last week, and the German DAX index fell 0.09%; The CAC index in Paris, France rose by 0.72%; The FTSE 100 Index rose 0.34%. Investor anxiety variant Covid-19 affects economic growth, but the performance of US stock companies is strong. The three major indexes on Wall Street first fell and then rose, and the Dow Jones index approached the historical high, rising 0.80%; The S&P 500 index rose by 0.82%; Nasdaq index rose 0.55% to close. The Reserve Bank of Australia announced the interest rate decision yesterday, keeping the benchmark interest rate unchanged at 0.1%, which is in line with market expectations. However, the Reserve Bank of Australia has released an eagle, saying that COVID-19's vaccination plan is ideal and has contributed to economic recovery. It is expected that the economy will be in 2022 The growth rate is slightly higher than 4%, and the economic growth in 2023 is about 2.5%. On the other hand, in evaluating employment situation, the RBA also prefers to be positive. It is expected that the unemployment rate will continue to decline, falling to 4.25% by the end of 2022, and then to 4% by the end of 2023. Under the potential inflation of salary in 2022 and 2023, it will reach 1.75% and 2.25% respectively. Based on the increasingly ideal economy, the Reserve Bank of Australia indicated that it will reduce its bond purchase plan; Before the beginning of September, the RBA will continue to work every week Buy government bonds at a rate of 5 billion Australian dollars, and buy bonds at a rate of 4 billion Australian dollars per week until mid-November. The news sent the Australian dollar up against the US dollar. Waller, director of the Federal Reserve Board of America, warned that if the employment data in the United States remained strong, he supported the Fed to withdraw quantitative easing measures as soon as possible. However, at the end of last month, a group of British scholars jointly published an article on July 30 to warn that it was almost the same There will definitely be a variant virus strain in Covid-19 that will cause the existing vaccine to fail. Although this article is only an early study and theoretical, this analysis has not been peer reviewed, but it is shocking enough! And Fed officials Just rely on the recent labor data to improve and ignore the new normal of virus coexistence? Do they have enough courage and courage to follow the pace of Australia? This is a mystery! But tonight, there are small and very farmers, and the Fed has passed first Let's talk about it! Gold prices fell yesterday, and investors watched the non-agricultural data of the United States this week. The performance of gold market was dull, with the highest and lowest prices being $1807 and $1815 respectively, with a volatility of only $8. Gold closed at $1810, down $4. For detailed analysis and operational suggestions, please CLICK the following link to join the group and check with the administrator https://t.me/mingtakchat

2021-08-03

August 3 rd   Today's volatility range: Gold prices fell when the market opened, but the expansion of American manufacturing industry slowed down, and the yield of US dollar index and US 10-year treasury bonds fell, which helped the gold market rebound. Gold prices closed flat yesterday. The price of gold exceeded $1,800 last week Psychological barrier, but obviously there is resistance at $1830. Although the volatility reached $14 yesterday, the market situation was relatively calm, reflecting that investors are watching the non-agricultural data of the United States this week. Maintain yesterday's suggested volatility between 1809 and 1822.   The purchasing managers' index of mainland manufacturing industry fell from last month to 50.3, which was lower than market expectation and the lowest level since April last year. Some scholars said that due to the uncertainty of the global epidemic, China, as a global factory, With the decrease of orders and the shortage of supply chain, the compressed order index fell to 49.2 and fell into the contraction area below 50; The growth rate of domestic demand has also slowed down, and the rebound of the mainland manufacturing cycle has reached a high level. It is expected that the mainland purchasing manager will The index will continue to slow down in the future. The mainland economy slowed down and Beishui continued its net outflow, but the Hong Kong stock market rose unimpeded. HSBC announced its performance yesterday, which exceeded market expectations. The stock price once rose by 4% at most, and the closing increase narrowed to nearly 1%. However, it was enough to benefit the market atmosphere, and the Hang Seng Index rose by 274 points or 1.06%, regaining the level of 26,000. The European manufacturing industry or data released yesterday is ideal. The final value of the manufacturing purchasing managers' index of the euro zone in July is 62.8, which is higher than the expected value and 62.6 in the previous June. A record high; Coupled with the satisfactory performance of many companies, the three major European countries The stock market rose across the board, and the German DAX index rose by 0.34%; The CAC index in Paris, France rose by 0.97%; The FTSE 100 Index rose 0.90%. Looking forward to the U.S. infrastructure bill will bring more fiscal stimulus, the U.S. stock market did a good job in early Monday. However, the institute for supply management Manufacturing Purchasing Managers Index unexpectedly fell, and the three major indexes on Wall Street closed individually, and the Dow Jones index fell 0.28%; The S&P 500 index fell by 0.19%; Nasdaq index rose 0.06% to close. The price of gold fell when the market opened, but the expansion rate of the US manufacturing industry slowed down. The US dollar index once fell below the 92-point level, and the yield of the US 10-year government bond also fell to 1.18%. Both of them were conducive to the rebound of the gold market. The price of gold closed flat yesterday. $1814, with the highest and lowest prices being $1820 and $1806, respectively. For detailed analysis and operational suggestions, please CLICK the following link to join the group and check with the administrator https://t.me/mingtakchat

2021-08-02

August 2 nd   Today's volatility range: Covid-19 threatens the U.S. economy, which is an unstable factor. The Fed does not want to reduce its debt purchase, but the time has not come. Last Friday, the latest number of people applying for unemployment benefits unexpectedly returned to the level of 400,000. The employment situation in the United States has become an important indicator. There are non-agricultural data in the United States this week, and it is expected that the gold market will be more volatile next week. Gold price broke through the psychological barrier of $1,800 last week, but there was obvious resistance at $1,830. Although Friday retreated most of the gains on Thursday, the relative strength index is close to oversold, and there is a chance to rebound. Today, the proposed amplitude is between 1809 and 1822.   The long-awaited electronic coupons were distributed yesterday, and the Hong Kong Government spent 10 billion yuan to revitalize the weak retail market. About 5.5 million people in Hong Kong have received the first coupon of 2,000 yuan. How about extensive discussion Use these coupons in different ways, and even how to realize them. However, all of them will be received in installments of 5,000 yuan. I believe that most people have already consumed the 5,000 yuan coupons in their daily consumption, which is actually a disguised form. There is no need for such trouble, and the crisis of falling into the French Open by mistake can be avoided. Many merchants are also looking forward to taking a share of the market. Some merchants have taken the opportunity to increase their prices, which makes everything become more expensive. There are also social platforms to share one The screenshot of receipt indicates that some merchants charge service fees to customers who use electronic coupons, which is very unscrupulous!   The mainland has repeatedly interfered with the market operation by administrative means, and has to intervene in the network economy, real estate, popular science education and even delivery of food. Although it can stabilize people's livelihood in the long run, once the atmosphere is formed and it is so violent, It will definitely scare investors. The Hang Seng Index fell below the 26,000 mark and closed at 25,961 points, down 3.22% a week. Yesterday, the European data was ideal, and the business and consumer confidence index of the Eurozone rose to 119 in July, a record high; Coupled with the satisfactory performance of many companies, the three major European stock markets developed individually last week, and the German DAX index fell by 0.45%; The CAC index in Paris, France rose by 1.24%; The FTSE 100 Index rose 0.07%. Domestic production in the second quarter of the United States The total value increased by 6.5% quarterly, although the increase was lower than the market expectation of 8.5%. In addition, China's violent intervention in the economy led the decline, the three major US stock market indexes fell across the board, and the Dow Jones index fell by 0.34%; The S&P 500 index fell 0.32%； Nasdaq index closed down 1.00%.   The Federal Reserve released pigeons, saying that the virus still threatens the US economy, saying that there is no timetable for reducing debt purchase. The remarks contributed to the rise of gold price, which once reached $1,833. On Friday, the United States announced the core personal consumption expenditure price index, The figures regressed, and the gold price retreated. The gold price retreated most of the increase on Friday and finally closed at $1814, down by $14, and rose by $12 in a week. For detailed analysis and operational suggestions, please CLICK the following link to join the group and check with the administrator https://t.me/mingtakchat

2021-07-30

30 July   Today's volatility range: The Federal Reserve released pigeons, saying that the virus still threatens the US economy, saying that there is no timetable for reducing debt purchase. Yesterday's economic data completely pointed to supporting the Fed's decision, and the US economic growth slowed down in the second quarter and Last week, the number of people applying for unemployment benefits for the first time in the United States rose again, and the yield of US dollar index and 10-year treasury bonds fell, which helped gold prices break through the daily resistance of US$ 1813 and US$ 1824 continuously. At this stage, consolidation will be carried out again, as long as the enterprise is above $1,824, it will be strong again. Today's proposed amplitude is between 1824 and 1839.   The mainland has repeatedly used administrative means to interfere with the operation of the market, which has created a sense of anger and scared investors. The sudden collapse of Black Monday in Hong Kong just reflects the market's views on the mainland policy. Because of the big things, as the mainland, Xinhua News Agency, the official mouthpiece, published an article pointing out that the recent regulatory policies in the network economy, education and training industries are beneficial to China's long-term development. There are also foreign media reports that the Chinese regulatory authorities just last Wednesday He met with senior executives of several international investment banks and tried to appease the market, saying that as long as Chinese enterprises meet the listing requirements, China will continue to allow Chinese enterprises to go public in the United States. The mainland has maintained stability and the Hong Kong stock market has responded positively. Yesterday, it bounced 841 points, up 3.3%. Two consecutive day of increase offset that decline on black Monday. But one wave of the future, another! Sino-US relations are tense, and State Street Global, the manager of TraHK, once again "turns around"; State Street Global, an American-owned company, responded to the executive order of former US President Trump at the beginning of this year. It was announced that from January 14, 2021, it will not increase any new investment of US sanctions companies. It also means that it is affected by the order to remind investors that Yingfu is not suitable for American investment, but State Street Global may be based on business at that time Considering the imminent presidential change, the decision was cancelled two days later and the original operation was resumed. However, State Street Global replayed the old tune, changed the sales charter yesterday, banned Americans from buying and selling, and reminded Americans that TraHK is not appropriate Investment instruments, such as holding units after June 3rd next year, may be prevented from selling or buying or selling units by other means by American laws. This will lead to another economic retaliation from China, and the market will be bloody again! Yesterday, the European data was ideal, and the business and consumer confidence index of the Eurozone rose to 119 in July, a record high; The employment situation in Germany is also improving, with the number of unemployed people greatly reduced by 91,000, which is better than the market forecast of 28,000. Coupled with the satisfactory performance of many companies, the three major European stock markets rose for the second consecutive day, and the German DAX index rose by 0.45%; The CAC index in Paris, France rose by 0.37%; The FTSE 100 Index rose 0.88%. In the second quarter of the United States, the gross domestic product grew by 6.5% on a quarterly basis, although the increase was lower than the market expectation of 8.5%. In addition, the power of the Federal Reserve without a timetable was too great, and the US dollar index fell to 91.9, the lowest in this month. In order to control the COVID-19 epidemic, the US government took the lead. President Biden asked millions of federal employees to vaccinate or test and wear masks, and other commercial organizations followed suit, which will speed up the national immunization The speed is conducive to economic recovery. Although the economic growth in the second quarter of the United States was worse than the market expectation, the performance and profit prospects of many large enterprises were ideal, which supported the market to rise. The Dow Jones index and the S&P 500 index both hit record highs. They rose by 0.44% and 0.42% respectively, and the Nasdaq index rose by 0.11% to close. The Federal Reserve released pigeons, saying that the virus still threatens the US economy, saying that there is no timetable for reducing debt purchase. Yesterday's economic data completely pointed to support The Federal Reserve decided that the economic growth of the United States slowed down in the second quarter, the number of people claiming unemployment benefits for the first time in the United States rose again last week, and the yield of the US dollar index and 10-year government bonds fell, which contributed to the rise of gold prices. The price of gold once surged to US$ 1,833. It finally closed at $1828, up $21. For detailed analysis and operational suggestions, please CLICK the following link to join the group and check with the administrator https://t.me/mingtakchat

2021-07-29

July 29 th Today's volatility range: Investors bet on the Fed to release pigeons during the Asian market yesterday, and the price of gold rose early. However, after the announcement of the interest rate decision, the US dollar index fluctuated greatly, and the price of gold fell as low as US$ 1,793. Federal Reserve Chairman Powell released pigeons. It indicates that there is a willingness to discuss the purchase of assets, but there is no timetable. The price of gold once surged to $1,810 through this big transaction, and finally closed at $1,807, rising by $8. The Fed continues to release pigeons, and Powell said that it will be in the future Only by continuing to assess economic progress at several meetings can we make further plans. The music of printing money is still ringing, the party is not over, and there is still room for improvement in the short-term price of gold. Today, it is suggested that the amplitude should be between 1810 and 1820. After the breakthrough, the extended rising space can be seen as the last wave crest of 1824. Financial Secretary Chen Maobo visited Sham Shui Po last week? Households and elderly people living in public housing later made comments in the blog, arguing that the housing problem in Hong Kong must be stirred up, and the solution to the dilemma must be shortened Medium-and long-term supply, simplify the procedures for applying for land system, and drastically increase long-term supply and establish land reserves by means of reclamation, with the goal of saying goodbye before 2049? Room. Director Chen is also known as "? Room wave ", Now he has made a grand plan to solve the difficulties, regardless of why he suddenly made great efforts, outperformed many Hong Kong governors and won all four chief executives. He alone "? It is worth encouraging to feel that today is not yesterday. Once upon a time, the Hong Kong real estate market provided Opportunities for Hong Kong real estate developers to become world-class billionaires, mainland developers have followed suit, and housing prices in the first-and second-tier regions of the mainland have soared. Finally, the president of the country has gathered attention and put forward the concept of housing speculation. Recently, the mainland has stepped up To rectify the real estate industry, the regulatory authorities gave guidance to key real estate enterprises. In addition to the three red lines to control the risk, they also required that the amount of land purchased in the future should not exceed 40% of the annual sales, and the developer should turn the goods in the future It's not easy. The mainland government has repeatedly regulated different industries, which is also the reason for the recent weakness of Hong Kong stocks. After Black Monday, Hang Seng Index rebounded by 387 points yesterday and closed at 25,086 points, up 1.54%. Although the British epidemic rebounded, the UK still opened its partial immigration policy, allowing the United States and a large number of European Union from next Monday People in the tourism industry welcome residents from member countries entering the UK without isolation. The three major European indices rose across the board, and the German DAX index rose by 0.33%; The CAC index in Paris, France rose by 1.19%; The FTSE 100 Index rose 0.29%. Alphabet, Gu Ge's parent company, announced its results yesterday, with a big increase in turnover and profit, leading the Nasdaq index to rise by 0.70%. However, the new york stock market was mixed, with Dow Jones index falling by 0.36% and Standard & Poor's 500 index falling by 0.02%. As expected by the market, the Federal Reserve announced this morning that the benchmark interest rate will remain unchanged at 0% to 0.25%, which is in line with the market forecast. In the statement of the Open Market Committee, it decided to maintain the current bond buying scale of at least 120 billion US dollars per month. Including 40 billion U.S. dollars of institutional mortgage-backed securities, and stressed that members will continue to monitor the impact of follow-up information on the economic prospects when assessing the monetary policy stance. The statement did not mention any timetable for reduction. Once the foreign exchange market was over-excited, the US dollar index rose sharply by 20 points to 92.75, then cooled down enthusiastically and retreated to 92.24. Federal Reserve Chairman Powell kept releasing pigeons, saying that the virus still threatens the US economy, and the economy is still far from making progress at this stage. He stressed that the labor market has not yet grown, although he is considering the willingness to buy assets. He thought that the reduction of debt purchase and institutional mortgage-backed securities would be carried out simultaneously, but stressed that there was no timetable for debt reduction. Powell added that he would continue to evaluate economic progress in the next few meetings before making further plans, and it was not the time to raise interest rates. Investors bet on the Federal Reserve to release pigeons during the Asian market yesterday, and the price of gold rose early. However, after the announcement of the interest rate decision, the US dollar was like a stimulant, which immediately lowered the price of gold to US$ 1,793. However, Federal Reserve Chairman Powell expressed his willingness to discuss the purchase of assets. However, there is no timetable, and the lack of new ideas has cooled the enthusiasm of the US dollar. The price of gold once surged to 1810 dollars, and finally closed at 1807 dollars, rising by 8 dollars. For detailed analysis and operational suggestions, please CLICK the following link to join the group and check with the administrator https://t.me/mingtakchat

2021-07-28

七月28日 今日波幅區間： 全球新冠疫情威脅揮之不去,加上股市下跌,資金流向債市避險,美國十年期國債孳息價格上升,拉低孳息率,金價因而受益,但投資者仍觀望美聯儲 於周三凌晨2時宣佈議息結果,限制了金價的波幅及升幅,1800美元成為多空爭持之戰場。自疫情爆發至今一年半有多,全球印鈔拯救經濟,結果迎來了 超級通脹,美國通脹年率達5.4%;國際貨幣基金組織昨日宣布維持今年全球經濟增長6%不變,但基金組織警告通脹並非臨時性,這言論對全球央行構成 縮表壓力,但基金組織補充全球經濟仍面對下行風險,因變種病毒傳染性更高,可能導致經濟活動減少。而全球主要央行早前已表態,考慮到疫情有所上升, 歐洲央行、英國央行和日本央行基本上保持了寬鬆立場,這可能導致美聯儲採取更加慎重的做法,維持放鴿。預料美聯儲繼續放鴿,今日金市在美市前應平淡過渡, 但美市波幅將擴大,要注意風險管理。今日建議波幅在1795-1815之間。 內地管治文化樣樣到位,繼補習行業因中國政府為了鼓勵生育,體恤父母的養兒支出,將學科類培訓機構統一登記為非營利性機構,並限制不得上市集資；政府撥亂反正, 即時令整個學習生態改變以學校為主導,學生家長變得更輕鬆的同時,只是苦了經營訓機構統的老闆、賴以補習為生的員工和教師,以及持有一眾已上市的培訓機構的小股東。 而近日政府又染指其它行業,內地市場監管總局等部門聯合印發《關於落實網絡餐飲平台責任切實維護外賣送餐員權益的指導意見》,督促平台及第三方合作單位為建立勞動 關係的外賣送餐員參加社會保險,支持其他外賣送餐員參加社會保險,運營成本増加,美團首當其衝,昨日下跌超過17%,拖累其他科網股下跌,恆生科技指數昨日剛好上市 一周年,卻以大跌逾7%贈慶！恆生指數曾一度失守25000點關口,最後亦跌超過1100點,以25086點收市,下跌4.22%。 英倫銀行貨幣政策委員會委員弗利葛向傳媒表達,央行認為英國現時通脹只是暫時性的,況且新冠疫情仍存在威脅,央行至少在幾個季度內應避免縮減貨幣刺激計劃。而在歐洲, 極端天氣肆虐,歐洲南部地區出現炎熱的天氣和強風,引至山火,歐洲大陸北部曾持續暴雨洪,因德國早前曾出現致命洪災,引發大量防洪工作,而極端天氣將消耗社會經濟之餘, 亦損害旅遊業收入,而旅遊業是歐洲主要收入之一,絕對有影響。歐洲三大指數全綫下跌,德國指数指數跌0.64%;法國巴黎成都飞机公司（Chengdu Airplane Company的缩写）指數跌0.71%;英國富時100指數跌0.42%。 中美高層在中國會面不歡而散,市場傳美國可能會限制美國基金在中國的投資,有美國基金大舉拋售港中國與及香港資產,中概股繼續受沽售,而投資者早前偷步下注科技股, 昨日在多間大型科技公司公布業績後進行收割,致使沽壓加大,紐約股市連漲5日後斷纜,從歷史高位回落,道瓊斯指數跌0.24%,標準普爾500指數跌0.46%,納斯達克指數跌1.21%收市。 全球新冠疫情威脅揮之不去,加上股市下跌,資金流向債市避險,美國十年期國債孳息價格上升,拉低孳息率至1.24%水平,金價受益,但投資者仍觀望美聯儲於周三凌晨2時 宣佈議息結果,限制了金價的波幅及升幅,金價昨日最高見1805美元,最低見1794美元,最終以1799美元收市,升一美元。 如欲了解詳細分析及操作建議,歡迎点击以下連結入群及向管理員查詢 https://t.me/mingtakchat

2021-07-27

July 27 th Today's volatility range: The gold market opened higher and closed lower yesterday. The collapse of Hong Kong stocks led to the decline of the entire Asian stock market. The gold price was supported by the safe-haven demand in the early stage, but the rising yield of the 10-year US Treasury bond stopped the gold market from rising. Gold prices turned down and closed. Investors are still waiting for the Fed to announce the result of interest rate decision at 2 am on Wednesday, which limits the recent trend of gold price. The gold market will still fluctuate around the current price before the result of interest rate negotiation. Today's proposed amplitude is between 1792 and 1806. However, since the outbreak of the epidemic, the Federal Reserve has printed money to save the economy, buying $120 billion in bonds every month and keeping interest rates close to zero. As a result, it ushered in hyperinflation, which was much higher than 2% of the Fed budget. The minutes of the Federal Reserve meeting in June showed that with the economic recession over, the economy is recovering. Therefore, some officials of the Federal Reserve began to express that they should reduce the pace of asset purchases under appropriate circumstances last month. However, at that time, more officials now said that the economy was not stable, and it was too early to announce the reduction of debt purchase. However, in recent weeks, Covid-19 Delta has once again aroused global concern, and the virus has alleviated inflation concerns to some extent. It is expected to reduce the pressure on Fed officials to reduce their debt purchases earlier. Therefore, it is expected that the Federal Reserve will not announce the timetable for the reduction this time. In recent years, China's birth rate is low, and the government has opened up its birth policy, canceling the one-child policy that began in the 1970 s and relaxing it to the second child; However, with the change of population structure and society, the new generation is facing different pressures of life. The idea of having the next generation is not as active as that of the older generation, let alone having two! Earlier, in order to encourage fertility and show sympathy for parents' child-rearing expenses, the Mainland proposed to limit the class dates of all cram schools in China last month. It has dealt a great blow to the stock prices of a number of listed tutorial industries. Just last Saturday, the mainland issued new regulations, instructing discipline training institutions to register as non-profit organizations in a unified way, and they will not be listed for financing in the future. Investors are afraid that the mainland government will continue to intervene in different markets by administration, and Hong Kong stocks have collapsed. The Hang Seng Index plunged more than 1,000 points yesterday, only reaching the edge of 26,000 points, with a drop of 4.13%. The Ifo business climate index in Germany unexpectedly declined, and the confidence index announced yesterday dropped from 101.7 in June to 100.8, which was lower than the market expectation of 102, indicating that the market is worried about the rebound of the European epidemic and the shortage of global supply chain. It will bring possible resistance to economic recovery. The three major European indices developed individually, and the German DAX index fell by 0.32%; The CAC index in Paris, France rose by 0.15%; Britain's FTSE 100 index fell 0.03%. China strengthens market supervision, Affected the opening performance of US stocks, China stocks led the decline, but the market first fell and then rose, and entered the performance announcement period of large-scale technology enterprises. Investors sneaked into the technology stocks, and Tesla, an electric vehicle manufacturer, rose more than 4%. The new york stock market rose for the fifth consecutive day. Dow Jones index rose 0.24%, Standard & Poor's 500 index rose 0.26%, Nasdaq index rose 0.03% to close. The gold market opened higher and closed lower yesterday. The collapse of Hong Kong stocks led to the decline of the entire Asian stock market. The gold price was supported by the safe-haven demand in the early stage. The highest rose to $1,812, but in the US market, the rise in the yield of the US 10-year government bond stopped the gold market, and the gold price turned down, reaching a minimum of $1,796, but investors still waited for the Fed to announce at 2 am on Wednesday As a result of the interest rate discussion, the decline of gold price was limited, and finally it closed at $1,798, down $5. For detailed analysis and operational suggestions, please CLICK the following link to join the group and check with the administrator https://t.me/mingtakchat

2021-07-26

July 26 th   Today's volatility range: In the post-epidemic era, super inflation is coming, and gold price is a traditional anti-inflation product. Rising inflation is conducive to the performance of gold price. The Federal Reserve announced the interest rate decision at 2 am on the 29th of this month. The Open Market Committee coined that whether an eagle is a pigeon will further control the trend of gold prices. Before that date, the gold market will still fluctuate around the current price. Today's proposed amplitude is between 1796 and 1812.     Hong Kong has a small land and many people outside. The housing problem has been a thorny problem for the whole society since the British Hong Kong Government in the 1960 s and after the reunification with Hong Kong. The long-term imbalance between supply and demand has made housing It is at an expensive level for a long time, which makes it difficult for a group of shellless snails to get on the bus. They only rent houses for a long time, and there is a trend that the more expensive they live, the finer they live, and the more remote they live; When people go to public housing, For the Chinese Mark Six Lottery, every effort is made to qualify. Some married couples who have already lived in public housing have divorced, split their accounts and fight for one more, and they have accelerated the speed of going upstairs on the grounds of illness. The most common thing is that Lying flat, I would rather not work hard and maintain a low income. In short, the salary can not exceed the upper limit set by the Housing Department, but the average waiting time for public housing is as long as 5.8 years, and young people are single people who are not elders When you apply for public housing as a taxi, it takes more than ten years on average to get a chance to go upstairs, and it can be said that it is far away! Even Xia Baolong, director of the Hong Kong and Macao Affairs Office, has to speak out and express his expectations for the SAR Government. I clearly hope that Hong Kong can improve its housing problem.   Learn Chai Jiuhua Zhai: "How many decades does life have?" ! It is better to struggle for life than to lie flat for ten years. Learning investment is definitely a way out for life! If you are interested in getting more information, You are welcome to use the hyperlink below this website to query and communicate with other members. While the external stock market is doing well, Hong Kong stocks are in while you are alone and helpless and poor. In the five trading days last week, they only rose on Thursday. Hang Seng Index closed down 464 points or 1.67% in one week. After China stepped up its efforts to crack down on the virtual currency market, it reorganized all cryptocurrency mines in China. Last week, Malaysia recently started to crack down on it Electricity theft for illegal bitcoin mining nationwide. Malaysian police have been sweeping illegal bitcoin mines in recent months and arrested miners who stole energy. Malaysia dispatched last week Roller, crush confiscated thousands of mining machines. There are also media reports that there is another bitcoin worth 70 million US dollars from hacker ransomware. In short, there are many negative news, and even bankers criticize Bitcoin The value of is zero! Bitcoin briefly fell below the level of 30,000 US dollars last week. Tesla founder Musk expressed his hope to see Bitcoin succeed, so he would not sell Bitcoin at a high price and revealed that he was going to another company -—SpaceX put forward the possibility of researching and developing its own mine. As long as the carbon emissions are reduced to a certain level when mining bitcoin, Tesla is very likely to accept paying for a car with bitcoin again. Each bitcoin rebounded to around $34,580. The dovish signal from the European Central Bank and the ideal performance of large enterprises have contributed to the risk market in the euro zone. In one week, the German DAX index rose by 1.62%; The CAC index in Paris, France rose by 2.66%; The FTSE 100 Index rose 0.28%. On Wall Street stock market, except for the global stock market's red price last Monday, investors jumped into the market the next day. When entering the performance announcement period of large-scale technology companies, investors sneaked into technology stocks. The new york stock market rose for four consecutive days, the Dow Jones index rose by 1.54%, the Standard & Poor's 500 index rose by 2.69%, and the Nasdaq index Up 4.22% to close.   COVID-19 variant virus Delta is spreading widely, threatening the pace of global economic recovery. Investors turned to the US dollar to avoid risks. The US dollar index once broke through the 93-point level, which suppressed the growth momentum of gold prices. Although the price of gold rushed to this week's high of 1825 US dollars on Wednesday, the performance of the whole week still fell more and more, mainly because the European and American stock markets were built last week, and funds flowed from the bond market to the stock market. The United States has a 10-year period The decline in the price of national debt has caused the yield of 10-year national debt to rise by nearly 1.3%. The rebound of the yield has increased the holding cost of gold, an investment tool that won't earn interest, and hit the performance of gold in the next few days. Gold finally closed at $1,802 on Friday, narrowly keeping the $1,800 mark, but it still fell by $5. In a week, it fell by $10, ushered in the first decline in five weeks. For detailed analysis and operational suggestions, please CLICK the following link to join the group and check with the administrator https://t.me/mingtakchat

2021-07-23

7月23日   今日波幅區間: 金市昨日早段表現疲弱，曾跌近1790美元水平，歐洲央行放鴿，歐元兌美元轉強，加上美國就業數據不理想及二手房價升溫，多頭投資者藉就業及通脹數據進行反擊，成功將金價推回1800美元上方，並錄得升幅。美國10年期國債孳息率再度跌破1.3%水平，孳息率下跌亦有利黃金這個不會生息的投資工具的表現。   投資者亦仍在等候美聯儲於本月29日凌晨2時宣佈議息結果，預料金價將在1790至1810之間整固。今日建議波幅在1798-1813之間。   政府統計處昨日公佈的6月份消費物價指數顯示，上月基本通脹率為0.4%，較5月份的0.2%為高，較去年同期上升1%，顯示通脹升溫正在加劇。政府發言人解釋，由於本地疫情漸趨穩定，有助支持消費需求，食肆餐單和衣履價格的按年升幅因此擴大。有專家表示全球同樣面臨通脹問題，香港大部分生活所需均依賴進口，入口通脹將進一步威脅社會基層，令他們的生活更為拮据，皆因本港經濟仍處衰退之中，就業情況仍不足，升斗小民面對通脹蠶蝕生活質素，真的苦不堪言！而正在派發當中的政府消費券將最早在下月1日使用，可能推動新一波通脹，希望政府能監察物價，避免有商家藉消費券抬價。   外圍股市造好，港股之前卻連跌三天，昨日終迎來反彈，恒生指數升近500點或1.83%收市。   比特幣創一週來新高，重返3萬美元水平。特斯拉創辦人馬斯克表示正向他的另一家公司—SPACEX，研究開發自家礦場的可能性，只要在開採比特幣時碳排放量減少至某個水平，特斯拉極有可能再次接受以比特幣付款買車。值得注意的是，馬斯克透露在今年初 特斯拉 購入15 億美元的 比特幣 ，用作 SpaceX 的開發儲備基金。他表示希望看到比特幣成功，所以並不會在高價時拋售比特幣。每枚比特幣昨日收市升至32200左右。   歐洲央行昨日公佈維持主要再融資利率於零及存款工具利率維持在負0.5%不變；同時宣佈緊急抗疫購債計劃規模為1.85萬億歐元，維持每月200億歐元的資產購買計劃規模不變，至少持續到2022年3月底。歐洲央行的兩項貨幣政策皆符合市場預期。歐洲央行並修改其前瞻指引，直到有確鑿證據表明可持續實現新通脹目標前，央行將維持超寬鬆貨幣刺激政策。歐洲央行總裁拉加德表示，調整前瞻指引是履行維持寬鬆貨幣政策立場的承諾，她承認，調整指引雖然不是獲得委員們的一致同意，但有大多數委員表示同意，拉加德並預計明年首季經濟活動將恢復到危機前水平，未來數月通脹將會上升，但明年初通脹將會下跌。   歐洲三大指數個別發展，歐洲央行發出鴿派訊號，助長了歐元區風險市場，德國DAX指數升0.6%；法國巴黎CAC指數升0.26%；英國富時100指數則跌0.43%。   華爾街股市連續第3日上升，進入大型科技企業業績公佈期，投資者偷步入市科技股，納斯達克指數升0.36%，並帶領道瓊斯指數由跌轉升，收市升0.07%，標準普爾500指數升0.21%。   美國勞工部昨日公佈上週首度申領失業金人數，數據出乎意外地錄得增長，市場預期為35萬，但新公佈數字為41.9萬人，較對上一週增加5.1萬人，為3月下旬以來最大增幅，顯示就業市場的極度不穩定，而新冠變種病毒Delta正在變種，將會為勞工市場帶來更大衝擊的可能。   另一方面，由於利率持續低企，美國房價不斷升溫，加上建屋材料價格漲不停，施工人數不足等因素令新屋價格不斷提升，迫使有需要的市民轉向比較有商量的二手樓市場，昨日公佈上月二手樓銷量，五個月來首次上升，美國6月份二手房屋銷售按月上升1.4%，而二手樓價再創新高，按年升23.4%。   金市昨日低開高收，金價早段承接之前弱勢下跌，最差曾跌至1793美元。歐洲央行放鴿，歐元兌美元轉強，加上美國就業數據不理想及二手房價升溫，支撐了疲弱的金價，最高反彈至1808美元，最終以貼補近日高的1807美元收市，升4美元。   如欲了解詳細分析及操作建議,歡迎点击以下連結入群及向管理員查詢 https://t.me/mingtakchat

2021-07-22

July 22 nd   Today's volatility range: The price of gold rose first and then fell yesterday. The stock market was built, and funds flowed into the stock market from the bond market. The yield of the US 10-year government bond rose to nearly 1.3%, and the yield continued to rebound and suppressed gold Performance of investment instruments that do not earn interest. The gold price is weak, and investors are waiting for the Fed to announce the interest rate decision at 2 am on the 29 th of this month. The gold price will fluctuate downward and have the opportunity to test again Under the support of $1800. Today's proposed amplitude is between 1792 and 1812. In addition to inflation and employment data and the results of the Fed's interest rate decision, investors may need to observe the money supply more macroscopically. The Republican Party and the Democratic Party of the United States are fighting over the infrastructure bill proposed by US President Biden. The Republican Party hopes that the voting will be postponed from yesterday Wednesday to next Monday. Until the present moment, The two parties still cling to the question of where the money comes from, and believe that the session will continue on its own. In addition, the battlefield between the two parties will be extended, because the US debt ceiling will expire on July 31, and Congress has so far Without a clear solution, it means that the US federal government will soon face a debt default and cannot issue new debts to promote the economic crisis.   President Xi Jinping put forward the idea of not speculating in housing. Shenzhen, as the hottest region in the country, has a large number of talents from science and technology companies, and these high-paid high-tech employees also earn a lot of money, and the housing supply is insufficient. It is solved by money, and the rising rent supports the property price, so Shenzhen's house price has always led the whole country. The state strictly controls housing prices in Shenzhen and Shenzhen. Earlier, it cracked down on intermediary violations, and second-hand transactions plummeted by 70%. Shenzhen real estate intermediary companies are closing down. However, because the current land price in Shenzhen is still high, even if the developer doesn't make money, the property price will hardly fall sharply. The mainland's regulation of developers' leverage is not intended to punish them. Instead, I want more funds to enter the real economy instead of speculating in housing. Therefore, the People's Bank of China lowered the RRR earlier, but the quoted interest rate in the loan market remained unchanged at 3.5%. I hope that the bank's lending business can Reduce mortgage loans and suppress the hot property prices.   Hong Kong, which is just across the river from Shenzhen, has a rare anecdote in the real estate market. The mortgage application for uncompleted flats of China Evergrande's three residential projects in Hong Kong has been rejected by some large banks. Some mortgage consultants believe that the bank is expected to do so Considering the credit risk of the developer, due to the debt default of Evergrande reported by the market, some matured bonds were not redeemed from the lending bank. The external stock market is good, Hong Kong stocks are while you are alone and helpless and poor, and Hong Kong Hang Seng Index yesterday After a slight increase, it quickly fell. It once fell more than 1% in early trading. It once fell below the 250 antenna commonly known as the boundary between cattle and bears and fell below 27,000 points. However, it slowly recovered some of the lost land of Hong Kong stocks, and the Hang Seng Index fell another 0.13% Closing. The performance of European companies is ideal and the market atmosphere is hot. The three major European indexes have risen for two consecutive days, and the German DAX index has risen by 1.36%; The CAC index in Paris, France rose by 1.85%; The FTSE 100 Index rose 1.70%. The Wall Street stock market also rose for the second consecutive day, mainly driven by the ideal performance of enterprises. Yesterday, the three major indexes of Wall Street rose in an all-round way, the Dow Jones index rose by 0.83%, the Standard & Poor's 500 index rose by 0.82%, and the Nasdaq index rose 0.92% closed. After the stock market was established, funds flowed into the stock market from the bond market, and the price of US 10-year Treasury bonds fell again, and the yield of 10-year Treasury bonds rose to nearly 1.3%. Gold rose to a daily high of $1,814 early yesterday. However, European stock markets rose sharply, and the price of gold was under pressure. The lowest price of gold was $1,795 yesterday, and finally rebounded to $1,803 to close, down $7. For detailed analysis and operational suggestions, please CLICK the following link to join the group and check with the administrator https://t.me/mingtakchat

2021-07-21

July 21 ST   Today's volatility range: The price of gold rose first and then fell yesterday, the stock market made good, funds flowed into the stock market from the bond market, and the price of US 10-year government bonds fell, which made the yield of 10-year government bonds return to above 1.2%, and the yield rebounded and increased The holding cost of gold, an investment tool that won't earn interest, hit the performance of gold yesterday. As far as the recent trend of the gold market is concerned, the gold price still has support at the psychological barrier of $1,800, but the gold market has performed in the last two days Going back to the difference, it opened lower and closed higher as soon as possible, but it opened higher and went lower yesterday. When the US stock market opened, there was a big silver candle in the gold price, and the closing price even closed below the turning point of $1812. The trend was relatively negative. The Fed will be on the 29 th of this month The interest rate was announced at 2: 00 am. Although it was predicted that the gold price would only fluctuate before the interest rate split in July, there was a chance to test the lower support of $1,800 again before the interest rate was decided. Today's proposed amplitude is between 1796 and 1818.   The epidemic situation in Hong Kong has gradually stabilized with the increasing number of vaccinated people. In addition, although the economic recovery rate is slow, there is still a trend of continuous improvement, and the job market that the general public is concerned about has continued to grow. The unemployment rate has dropped for four consecutive months. The latest unemployment rate in Hong Kong has dropped to a low level of over one year. The Census and Statistics Department announced yesterday that the unemployment rate from April to June was 5.5%, which was lower than the market expectation of 5.8%. By industry, The unemployment rate in most industries fell, among which the industries related to consumption and tourism performed best, with the unemployment rate falling by 0.9 percentage points to 8.5%. I believe the decrease is due to the government's efforts to pick up epidemic prevention stations for all communities in Hong Kong in the past few months A large number of people in the tourism industry are recruited as temporary employees. Secondly, the coupons will reach the public as early as August 1 this year. Retailers will step in early to seize business opportunities and have the opportunity to increase employees, and then improve Employment situation in consumer industry.   The Secretary for Labour and Welfare, Law Chi-kwong, said that the labor market should be further improved as the economy continues to recover, and the coupon scheme will also help the economy recover. However, customs clearance in Hong Kong is the key to ease the stagnation of the labor market. I sincerely hope this growth momentum is not a virtual fire! At least the stock market didn't respond positively to the drop in unemployment rate, and the Hang Seng Index fell another 230 points or 0.84% to close. The EU proposed on Tuesday to fight money laundering and Terrorist financing scheme, proposed to ban anonymous cryptocurrency transactions. The plan put forward by the European Union includes a number of details to strengthen the supervision of financial transactions, including the establishment of a new EU regulatory body with about 250 people to supervise high-risk financial institutions. Anonymous encryption of asset wallets will also be prohibited. The European Commission also stated that it should impose management regulations similar to those of conventional bank wire transfers on encrypted currencies and prohibit cash transactions exceeding 10,000 euros. However, the plan still has to First approved by the European Parliament and the Council of Europe. The EU said that the process is expected to be very long. The first goal is to set up a new anti-money laundering agency first, and it will strive for the regulator to start operation in 2024. The news stimulated the cryptocurrency market to fall, with bitcoin falling below $30,000 each, the lowest since June 22nd, and closing at about $29,700.   Germany announced yesterday that the producer price index was better than estimated. The market has predicted that the data in June will be backward compared with 1.5% in May, but the figure is 1.3%, which is better than the expected 1.1%, and the enterprise's performance is ideal. The news drove away the negative atmosphere brought by the floods in Germany. The three major European indices fell for five consecutive days, and finally ushered in a rebound yesterday. The German DAX index rose by 2.62%; The CAC index in Paris, France rose by 2.54%; The FTSE 100 Index rose 2.34%. After the Dow Jones index recorded the biggest decline in nine months on Monday, investors took advantage of the low absorption and the ideal performance of Wanguo Machinery, and investors turned from conservative strategy to chasing risks; Yesterday, the three major indexes on Wall Street rose in an all-round way. Dow Jones index rose 1.62%, Standard & Poor's 500 index rose 1.52%, Nasdaq index rebounded after falling for five consecutive days, and rose 1.57% to close. The stock market was built, funds flowed into the stock market from the bond market, and the price of the 10-year US Treasury bonds fell. The yield of 10-year government bonds returned to the level above 1.2%. The price of gold rose first and then fell yesterday, rising to a daily high of $1,825 in the early period. However, after the opening of the US stock market, the price of gold was obviously stressed. The lowest price of gold was $1,805 yesterday, and finally rebounded to $1,810 to close. Down $3. 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