Gold market analysis

2021-05-24

May 24 th   Today's volatility range: The gold market has risen for seven consecutive trading days, which is the longest record of rising since the gold price history was created. At the same time, it has been built for three consecutive weeks, showing its strength! Before hitting a record high of $2,075 per ounce on August 7 last year, No matter the daily or weekly chart of gold price, there are no coincidence, and they all show the performance of nine candles, which made the market boil at that time. It was very lively! In the weekly approval on May 3, the trend of gold prices was analyzed; "The price of gold seems to have a tendency to replicate the trend of the previous year. In April, it is the first time since this year that there has been a monthly increase in the monthly market opportunities." Interested friends can review and leave a message on Facebook Click "like it", or even recommend it to a friend, as an encouragement to the author! $1,772 per ang at the opening price of the gold market on May 3; If there are friends who have entered the market and persisted to this day, the profits can be counted from the closing price of $1881 per ounce last Friday. If Barthes is interested in learning to invest but doesn't know how to start, you can use the links below this page to join the group for more information. Closer to home, the US economic data is uneven, and the European economy is recovering. The weakening of the US dollar has stimulated the rise of gold prices, and China's ban on cryptocurrencies has increased the selling pressure in the market, which has also caused large fluctuations in the market, affecting the accelerated inflow of funds into the gold market to avoid risks. Under multiple favorable factors, It is only a matter of time before the price of gold rises above $1900. Today, the proposed amplitude is 1872-1888.   The situation in the Middle East has slowed down. The 11-day Israeli-Palestinian war finally reached a ceasefire agreement under the mediation of the United States. The two sides abide by the agreement and no longer attack each other with artillery fire. However, there are still sporadic conflicts on the border. In order to prevent the resurgence, The United States will send Assistant Secretary of State blinken to visit Israel to continue lobbying to avoid violent conflicts. The COVID-19 epidemic is still a hidden danger in Asia, and the epidemic has broken out again in Taiwan Province, with more than 2,000 confirmed cases soaring in the past eight days. India still has more than 20 virus-infected people every day, accounting for the second largest number of patients in the world, second only to the United States; More restrictive measures will continue to plague the progress of Asian economic recovery. On the contrary, The new crown epidemic in many European countries gradually eased, and began to relax domestic epidemic prevention measures, relax restrictions on travel to the EU, and allow the vaccination of any four COVID-19 vaccines approved by the European Drug Administration One, the people travel to the EU, which will further boost the European economy. The People's Bank of China issued a statement last Wednesday, reaffirming that cryptocurrency cannot be traded in any form of payment in China, and it is also forbidden for any platform to provide cryptocurrency messages on the Internet, and it is also forbidden to encrypt with any business Money companies have any economic relations, such as renting office buildings. This one-size-fits-all regulation mode in China has intensified the fluctuation of cryptocurrency market in the past few days. The minutes of last month's Fed meeting were released last week. The exhibition Committee turned a bit hawkish. The content released last week pointed out that many officials said that fiscal stimulus, vaccine progress, suppressed demand and high savings will continue to support consumer spending. However, if the economy continues to grow rapidly, it will be appropriate to start discussing reducing the scale of debt purchase at "some time". The market believes that the Fed will reduce its debt buying before raising interest rates. The gold market has risen for seven consecutive trading days, which is the longest record of rising since the gold price history was created. At the same time, it has been built for three consecutive weeks, showing its strength! The uneven performance of U.S. economic data last week, coupled with the economic recovery in Europe, The U.S. dollar once fell past 90 points, the price of 10-year U.S. Treasury bonds rose, and the yield of U.S. debt fell by nearly 1.62%, all of which stimulated the rise of gold prices. In addition, China banned cryptocurrencies and increased the selling pressure in the market, which also caused the market to fluctuate greatly. Affect the capital to speed up the inflow into the gold market to avoid risks. Last week, the price of gold was as low as $1,870 and as high as $1,889. Last Friday, it closed at $1,881, rising by $37 per week and $4 per day. For detailed analysis and operational suggestions, please CLICK the following link to join the group and check with the administrator https://t.me/mingtakchat

2021-05-21

May 21 ST   Today's volatility range: The gold market continued to be built well yesterday, and it has been rising for six trading days before you know it. The gold price was slightly adjusted during the Asian market yesterday, with a minimum of $1864 and a maximum of $1884, with a volatility of $20. The United States announced last night that the economic data was uneven and the job market continued to improve; However, the manufacturing index of Philadelphia Federal Reserve in the United States showed a sharp retrogression from last month, and its figure was far below market expectations. Weak manufacturing data caused the US dollar index to fall below the 90-point level, and the gold price surged. The upward and downward support of the trend gradually moves up, but the upward resistance is gradually becoming obvious. It is expected that it will still be a consolidation pattern in the near future. Buy low and sell high. Today's proposed amplitude is between 1866 and 1888.     The employment situation in Hong Kong has further improved. The latest unemployment rate released by the Census and Statistics Department has dropped by 0.4% to 6.4%. Secretary for Labour and Welfare Luo Zhiguang said that with the local epidemic slowing down, The labor market will gradually improve. Some scholars say that the rate and speed of unemployment rate decline are unexpected, and that if the epidemic situation does not worsen, I believe the peak of unemployment rate in Hong Kong has passed. The news didn't play a positive role. The Hang Seng Index closed down 0.50% yesterday. Australia imposed an unprecedented ban on epidemic prevention in March last year, prohibiting foreign tourists from entering the country and prohibiting Australians from traveling abroad. Nowadays, the epidemic has almost disappeared in Australia, and people's lives have gradually returned to normal. However, the measures have caused the population of this country to decrease to the lowest level since the First World War. The reason is that tens of thousands of Australian citizens are still forced to stay overseas without returning home. What worries these people who can't return to their homes is that Australian Prime Minister Morrison spoke yesterday. He said that the epidemic this year is more severe than last year, and he plans to lock up the country for another year.   In many European countries, the newly crowned epidemic situation gradually eased, and began to relax the domestic epidemic prevention measures one after another. On Wednesday, the ambassadors of the 27 EU member States unanimously agreed to accept the proposal to relax restrictions on travel to the EU. People who have been vaccinated against any four COVID-19 vaccines approved by the European Drug Administration, namely Pfizer, Johnson & Johnson, Mardner and AstraZeneca, are allowed to travel within the EU. The EU's move will further boost the European economy, because Europe relies heavily on tourism. In 2019, Europe accounts for about 50% of the total number of international tourists in the world, while the income from tourism accounts for 10% of the EU's overall economy. It can be seen that it is important. The three major indexes of European stock markets rose across the board, and the DAX index in Frankfurt, Germany fell by 1.66%; CAC in Paris, France fell 1.29%; The FTSE 100 Index rose 1.01%. Some media reported that the cabinet of the Israeli government agreed to cease fire in Gaza, but it must be unconditional. The news has not been officially confirmed yet. But at least there is a chance to stop escalating and hurting innocent people.   Technology stocks rebounded, leading the overall stock market atmosphere. new york's three major indexes rose comprehensively, Dow Jones index rose 0.55%, Nasdaq index rose 1.02% and Nasdaq index rose 1.77%. The gold market continued to build well yesterday, and the gold price was slightly adjusted during the Asian market session, reaching a minimum of US$ 1,864. The economic data released by the United States yesterday was uneven. The number of people applying for unemployment benefits for the first time in the United States last week was slightly higher than expected. Reflect that the job market continues to improve; However, the Philadelphia Federal Reserve Manufacturing Index reported 31.5 points, which was significantly backward from last month's 50.2 points, and its figure was far lower than the market expectation of 43 points. The US dollar index fell below 90 points. The price of gold rose to yesterday's high of $1,884, and finally closed at $1,877, up $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

2021-05-20

May 20 th   Today's volatility range: The gold market was unwilling to be lonely yesterday, with a volatility of $38. Affected by the fluctuation of bitcoin, the price of gold fell to the lowest of $1,852, but the adjustment was sufficient, which immediately attracted a large number of bulls to enter the market. It even exploded to $1,890, but by the morning of zero, the minutes of the Fed meeting were released, pointing out that many officials agreed that if the economy continues to grow rapidly, the Fed will start discussing the reduction at "some time." The scale of debt purchase will be appropriate. The Fed's tone changed slightly, which triggered the adjustment of the gold market, and it only rose slightly by one dollar yesterday. Yesterday's ups and downs of the gold market can serve as an inspiration for the resistance and support of the market outlook. It is expected to consolidate in the near future. Today's proposed amplitude is between 1858 and 1880 Bitcoin fluctuated sharply yesterday, and staged a scene of crazy market. Calculated by yesterday's highest and lowest $43,600 and $30,066 each, the volatility was nearly $13,600. Senior cryptocurrency investors are shocked by the crazy market conditions! Before analyzing the reasons for this fluctuation, we should review the history of bitcoin rising this time. With the Covid-19 pandemic, The global economy has been severely hit. Under the leadership of the United States, central banks of various countries have implemented quantitative easing policies substantially, and all kinds of assets have been pushed up by new silver paper. Bitcoin is no exception. Since the outbreak of the virus, bitcoin rose from nearly 10,000 yuan per piece in February 2020 to nearly 29,000 dollars per piece at the end of that year, an increase of three times, which is very exaggerated! But what makes the cryptocurrency market even crazier is the remarks of Tesla founder Musk. On February 8 this year, Tesla announced that it would use its cash to buy bitcoin. And accepted it as a payment method for buying a car, which triggered another wave of bitcoin. Since then, it has been known as the Ark Investment of "Lian Deng Qima" or "Wood Sister" The founder Garfield added fuel to the fire and sang Bitcoin well. After that, Bitcoin hit a record high of $65,000 on the 14th of last month before it began to adjust.   The so-called success is Xiao He, but failure is nothing. Musk triggered another crazy fluctuation of cryptocurrency last week. At that time, he said that he was concerned about environmental protection and announced that Tesla would not accept Bitcoin as the payment method. Bitcoin prices plummeted immediately, but then he showed that the company had no plans to sell cryptocurrency assets, and bitcoin prices reversed. Yesterday's big ups and downs were due to the statement issued by the People's Bank of China yesterday. Reiterating that cryptocurrencies cannot be traded in any form of payment in China, prohibiting any platform from providing cryptocurrency messages on the Internet, and even prohibiting any economic activities with operators of cryptocurrencies, For example, renting office buildings, which aggravated the selling pressure yesterday. The emoji of "Tesla" and "Holding Double Diamonds" pushed by Musk last night was understood by the market as implying by Musk. Tesla did not sell when the market collapsed, which triggered a big rebound yesterday.   Yesterday, bitcoin plummeted, which triggered a tense atmosphere in the investment market. In addition, investors were worried that global inflation was out of control. Although the Federal Reserve has repeatedly played down the obstacles to economic recovery caused by inflation, However, investors are still worried about the minutes of the April meeting released by the Federal Market Committee later last night. It is widely expected that the Federal Reserve will start to reduce the scale of bond purchases before raising interest rates. It is believed that the wording may provide more clues about when the Fed may consider reducing bond purchases, thus affecting the market. European and American stock markets adjusted yesterday. The three major indexes of European stock markets fell across the board, The DAX index in Frankfurt, Germany fell 1.77%; CAC in Paris, France fell 1.43%; The FTSE 100 Index rose 1.19%. New york's three major indexes also reported overall declines, with Dow Jones index falling 0.48%. The Standard & Poor's 500 Index fell 0.27%, and the Nasdaq Index fell 0.03%.   The gold market was unwilling to be lonely yesterday, with a volatility of 38 dollars. The gold price was established in the Asian market, but after entering the European market, bitcoin plummeted, which triggered a tense atmosphere in the investment market. The price of gold also fell to the lowest level of $1,852, but the adjustment was sufficient, which immediately attracted a large number of bulls to enter the market and soared to $1,890, the highest level since January 9. By the morning of zero, The minutes of the Fed meeting were released, pointing out that many officials said that fiscal stimulus, vaccine progress, suppressed demand and high savings will continue to support consumer spending. However, if the economy continues to grow rapidly, it will be appropriate to start discussing reducing the scale of debt purchase at "some time". The wording of the Federal Reserve triggered the adjustment of the gold market and finally closed at $1,870. Slightly increased by 1 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

2021-05-19

May 19 th   Today's volatility range: It is expected that inflation will heat up and the situation in the Middle East will deteriorate continuously, and the price of gold will become a safe-haven tool. The price of gold rose to yesterday's high of $1,875 early yesterday, and then it will not be able to rise again. The price of gold once fell to $1,863. However, the US market weakened the US dollar due to the sharp decline in the number of new housing starts announced by the United States last month, which stimulated the gold market to rebound to 1869 US dollars and close at 3 US dollars. For the second consecutive day, the company reached a historical high in August last year Above the created resistance line of the descending track, although the rising trend has not changed, the power is slightly insufficient, which shows that the adjustment has not been completed, so the amplitude suggested yesterday is maintained, that is, between 1856 and 1874.   There are 240 more confirmed cases of new coronavirus in Taiwan Province, and two more people died. The Taiwan Province government announced that all schools will be closed from today until next Friday, and civil servants will be allowed to work flexibly. Reduce the chance of cross infection. Taiwan Province used to be the best place in the world for epidemic prevention. The worsening epidemic has once again tested the relaxation policy of the local government. According to the local political situation in Taiwan Province, Officials who make mistakes have to resign and be accountable! Senior officials of bureau secretaries in Hong Kong seem to have the right but not the responsibility. They were asked to reduce their salaries last year, but they were kicked out by the media. After the expiration of the time limit, That is, the reduction will be recovered from July this year, which is not only enviable, but simply enviable!   According to the results of the pay trend survey for civil servants' pay adjustment in Hong Kong yesterday, after deducting the incremental pay expenditure ratio, the net pay trend indicators were negative 2.04%, negative 0.54% and negative 0.68% in the upper, middle and lower levels respectively. The government stated that it will take into account indicators, economic, financial and public factors to make decisions; Some civil servants' unions have called for the maintenance of frozen wages so as not to undermine the morale of the staff. Message to civil servants holding golden rice bowls, You have worked at home for a long time under the epidemic, and the transportation time and money saved have already made up for this year's salary reduction. Don't be greedy! Remember, your salary comes from taxpayers, While the unemployment rate in Hong Kong is as high as 6.8%, don't say that ordinary people are still in dire straits. Just like Cathay Pacific pilots mentioned yesterday, they all have to cut their salaries by 90% to join bus drivers or entertainers. Shouldn't you tide over the difficulties with the citizens?   The war in Israel and Palestine continued. The Israeli military continued to launch air strikes against Gaza yesterday, causing more buildings to be destroyed and more civilians to be killed and injured. Palestinian armed groups also fired rockets at southern Israel to fight back. The situation continues to escalate. According to media reports, more than 210 Palestinians have been killed in recent days, and at least 12 people have been killed in Israel. Although the United States and Russia joined in mediation before, And urged all parties to stop the violence, but Israeli Defense Minister Ganz said that the fighting will not stop until comprehensive and long-term peace is achieved. The market is worried about inflation and the COVID-19 outbreak, but the employment data in Britain last night was ideal. The three major indexes of European stock markets were mixed, and the DAX index in Frankfurt, Germany fell by 0.01%; CAC in Paris, France fell 0.22%; The FTSE 100 Index rose 0.03%.   The amount of new housing construction in the United States fell sharply last month, which shocked the stock market. However, the US government's fiscal stimulus measures gradually took effect and the long-suppressed consumption power was released. The large retailer Wal-Mart, Macy's and Home Depot reported satisfactory results, with their share prices rising by about 3%, limiting the decline of the three major indexes in new york, with Dow Jones index falling by 0.78%, Nasdaq index falling by 0.56% and Standard & Poor's 500 index falling by 0.83%. Gold prices rose in a narrow range yesterday, with a volatility of only $11, which was the dullest trading day since May. In anticipation of rising inflation and using the deteriorating situation in the Middle East as a hedging instrument, the gold price rose to yesterday's high of $1,875. However, the market was afraid of heights and was unable to go up again. The price of gold fell to $1,863. Last night, the amount of new housing construction announced by the United States last month declined by 9.5%, and the US dollar weakened, which stimulated the gold market to rebound to close at 1869 US dollars, up 3 US dollars. For the second consecutive day, the enterprises were above the resistance line of the descending track created by the historical high in August last year. For detailed analysis and operational suggestions, please CLICK the following link to join the group and check with the administrator https://t.me/mingtakchat

2021-05-18

May 18 th   Today's volatility range: The price of gold rose yesterday, inflation is expected to heat up and the situation in the Middle East is deteriorating. The price of gold has become a safe-haven tool. Yesterday, it rose above the resistance line of the downtrend created by the historical high in August last year for the first time. It closed at $1,866, and the trend is very beautiful. The next resistance area is between 1875 and 1890, and the support level is $1,845. The market is rising too fast this time, Have the opportunity to call back, but optimistic about the performance of the market outlook remains unchanged. Today's proposed amplitude is between 1856 and 1874.   Cathay Pacific, once one of the three-day airlines in the world, suffered financial difficulties due to the global epidemic last year. Last year, it received nearly 30 billion yuan of public money from the Hong Kong Government. After the global epidemic flight failed to recover, Failure to improve the financial situation, following the dissolution of its subsidiary Dragonair earlier to dissolve all employees to save expenses, announced the restructuring to employees yesterday. It is reported that Cathay Pacific will handle the airport ground The number of departments has been reduced from the original five ranks to four. Apart from the imminent retrenchment of employees, some employees have been forced to demote, so that they can keep their wages and suffer from salary reduction. The media have reported that some pilots and flight attendants have devoted themselves to different industries, some have devoted themselves to bus captains, continued to carry passengers, and some have reduced their salaries by 90% and devoted themselves to performing arts. In a word, the horse dies and falls to the ground, so does the industry that was once favored by heaven, and it is even harder for other ordinary wage earners. Therefore, the Hong Kong Government said that Hong Kong's economy will usher in a recovery at the end of this year. Is lying to yourself? Deceive citizens? Lying to Beijing?   Recently, Hong Kong stocks also fell more and rose less under the hard support of Beishui, which is a reflection of Hong Kong's economic performance. The Hang Seng Index rebounded yesterday, rising 0.59% to close. Speaking of cheating, share an interesting financial story. The U.S. Federal Trade Commission pointed out yesterday that since October last year, fraudsters have faked the account of Tesla boss Musk to defraud American consumers of cryptocurrency. The loss amounted to $2 million. Less investment will inevitably bring risks. As soon as technical investors enter the market, they will face market risks first, and the opponent risk in encryption market is the biggest. Because technologists often can't know who your real trading partner is, just like the above cases. Investors use hot wallets to store cryptocurrencies, which brings a new risk. That is, if you have the opportunity to forget your wallet password, in February last year, an investor forgot the password and faced the pain that 7,000 bitcoins were buried permanently in the system immediately. At today's market price, it is worth more than 300 million dollars! How to reduce the risk of investing in cryptocurrency, interested Batroxobin can leave a message on this website, or enter a group to inquire.   The Middle East is full of war clouds. Apart from the escalation of the situation in Pakistan, the two sides continue to launch rocket attacks against each other, covering civilian areas and airports. The war situation is even more out of control, which is worrying. The ceasefire agreement between the Afghan government and the armed group Taliban expired on Sunday, and the Taliban took the lead in attacking the capital Lashkar Gah and other areas that morning. Follow both sides and resume fighting in southern Afghanistan. The market worried about inflation and the COVID-19 epidemic, and technology stocks continued to fall, European and American stock markets fell, and the German Frankfurt DAX index fell 0.13%; CAC in Paris, France fell 0.28%; Britain's FTSE 100 index fell 0.15%. New york's three major indexes also all reported declines, with Dow Jones index falling 0.16% and Na's Standard & Poor's 500 index falling 0.24%. Nasdaq index fell 0.38%. The price of gold rose yesterday. It is expected that inflation will heat up and the situation in the Middle East will deteriorate. The price of gold has become a safe-haven tool. It rose above the historical high in August last year for the first time yesterday Made the resistance of falling track, and closed at $1866 on it, but the gold price was as low as $1842 and as high as $1869 yesterday. For detailed analysis and operational suggestions, please CLICK the following link to join the group and check with the administrator https://t.me/mingtakchat  

2021-05-17

May 17 th   Today's volatility range: The price of gold fluctuated greatly last week. In the middle of last week, the gold market faced the haze that rising inflation in the United States might cause interest rate hikes and early water choke. The gold market tried to lower the level of US$ 1,800, but it was obviously supported above US$ 1,800. In addition, the positive employment market data eased the pressure of some Fed to raise interest rates, and at the same time stimulated the price of 10-year U.S. Treasury bonds to rise, and the yield of U.S. bonds fell, supporting the rise of gold prices. In the trend, the gold price showed the support of $1808 and $1818, and finally rebounded to $1843 to close. In addition to rising for two weeks on the weekly line, it also closed at the highest level since February. With the strong trend and the war situation in the Middle East, the gold market is still on the top line this week, which is expected to break through the previous target of $1,848 and move to the next target of $1,861. Today's proposed amplitude is between 1832 and 1858.   There was a war in the Middle East last week, and the Palestinian and Israeli police clashed at the Al-Aqsa Mosque in Jerusalem on Monday, which triggered the most serious conflict between Israeli and Gaza armed groups since 2019. The situation between Israel and Palestine escalated. The war situation is even more out of control. It has been reported that since the local Monday, the Palestinian militant group Hamas has fired more than 1,600 rockets at Israel, while Israeli army warplanes and helicopter gunships have carried out operations in Gaza More than 600 attacks, missions and wars have killed at least 148 people. The United States sent Assistant Secretary of State blinken to mediate. He telephoned Israeli Prime Minister Benjamin Netanyahu and urged all parties to stop the violence and cool down the tense situation. On the other hand, Russia, another military power, also urged the two sides to cease fire, and wanted to promote four-party talks to replace force by dialogue. However, the two sides continued to attack each other, covering civilian areas and airports. Multinational airlines cancel all flights to and from Israel. The situation between Israel and Palestine has escalated, and the war situation is even more out of control. The situation is worrying.   Inflation is not as expected. The United States expects inflation to heat up. Hong Kong is an extroverted economy, which is vulnerable to external influences. Even the Hong Kong stock market is also affected by the external atmosphere. The Hang Seng Index closed down 2.04% last week. Under the economic recovery of the United States, the pressure to raise interest rates has been formed. High-valued technology stocks have become the target of selling in recent months, which has affected the overall performance of Wall Street. The three major indexes of new york all reported a decline last week, and the Nasdaq index fell 2.38% last week; Dow Jones index fell 1.14%, Nasdaq index rose 2.67%, Nasdaq index fell 1.31%. Seeing the inflationary pressure ditch into the volatility of the US stock market, the European Central Bank quickly came out to solve its doubts. The European Central Bank said, There is no inflation pre-worry in Europe, and there is no evidence to show that it has caused the European Central Government to change its current policies. The three major indexes of European stock markets were mixed last week, and the DAX index in Frankfurt, Germany rose by 0.11%; CAC in Paris, France fell 0.01%; Britain is still in the dilemma of Scottish Brexit, with the FTSE 100 index falling 1.21%.     Gold price fluctuated greatly last week. It is expected that inflation will heat up and the situation in Israel and Palestine will worsen. Gold price took up the upward trend last week at the beginning of the week, and the highest price rose to US$ 1,841. However, the increase of job vacancies in the labor mobility survey report released by the United States on Wednesday night was better than expected by the market. In addition, the US Treasury Department responded enthusiastically to the auction of US$ 41 billion 10-year treasury bonds last night, which stimulated the yield of US bonds to rise above 1.7%, and the price of gold turned sharply. Obviously, it has been supported above US$ 1,800, and it has received more support because it fell to US$ 1,808. It rebounded by $20, but finally opened a big candle on Wednesday, closing at $1,816, ending five consecutive rises and slightly damaging the trend. But on Thursday, the United States announced the number of people claiming unemployment benefits for the first time last week. Although the number was better than expected, The data not only did not further stimulate the rise of the US dollar, but stimulated the price of the 10-year national debt to rise. The yield of the 10-year national debt fell below the bid interest rate of 1.684% in the previous auction, and the gold price rose for two consecutive days and finally closed at US$ 1,843. It is the highest closing price since February this year, rising by $12 per 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

2021-05-14

May 14 th   Today's volatility range: Gold price rebounded yesterday. In the early stage, the gold market was still faced with the haze that rising inflation in the United States might cause interest rate hikes and early water choke. The gold market tried to lower the level of US$ 1,800 yesterday. However, it is obvious that there has been support above $1,800, because it has dropped to $1,808, that is, it has rebounded to $20, regaining the support position of 1818, and the employment market data is going forward. It eased the pressure of some Fed to raise interest rates, stimulated the price of 10-year US Treasury bonds to rise, and the yield of US Treasury bonds fell, supporting the rise of gold prices. On the trend, the price of gold yesterday showed the stability of $1,800, which can be used as a reference for re-adjusting the market conditions. Today, the proposed amplitude is between 18218 and 1840.   There are endless calls for fare increase in Hong Kong. Following Tuesday, the Education Bureau indicated that it had received 27 applications for tuition fee adjustment from DSS schools. Yesterday, the Education Bureau said again that by the end of April, About 250 kindergartens have received applications to increase tuition fees for the new school year in September. The Bureau disclosed that it is reviewing the application for tuition fees and will decide whether to accept the application as soon as possible. The Education Bureau also pointed out that it understood the financial difficulties caused by the epidemic in kindergartens. In the past, the Bureau also provided epidemic prevention allowances for many times, hoping to minimize the burden on schools and operators. Hong kong is an extroverted economy. with the northward movement of hong kong factories in the 1970 s and 1980 s, the manufacturing industry declined, and no matter what clothes, shoes and socks you live in, you rely on imports; Moreover, the land in Hong Kong is expensive and the labor is high. Most people who worked in agriculture or livestock farming in the early days sold land early and changed careers. Now, very few people really make a living by raising pigs from agriculture. Therefore, fruits, vegetables and meat can only be imported reliably, especially from the mainland to meet the needs of Hong Kong people. Moreover, due to geographical limitations in Hong Kong, even drinking water has to be paid to bring in Dongjiang water. Not to mention primary and secondary products such as raw materials and other production materials. Therefore, in the import process of Hong Kong, as long as there is an increase in any link, Whether the increase comes from suppliers, freight or government taxes, it will affect prices. Hong Kong stocks were affected by the external atmosphere yesterday, and the Hang Seng Index closed down 512 points or 1.81%.   Seeing the inflationary pressure ditch into the volatility of the US stock market, the European Central Bank quickly came out to solve its doubts. Stuna Lars, managing director of the European Central Bank, said that the strong market showed that inflation expectations were rising. However, there is no inflation pre-worry in Europe, and there is no evidence to show that it has caused the European Central Government to change its current policies. The European Central Bank expressed its reassurance, but Britain is still in the predicament of Scotland's Brexit. The three major indexes of European stock markets were mixed, and the DAX index in Frankfurt, Germany rose by 0.31%; CAC in Paris, France rose by 0.14%; Britain's FTSE 100 index fell 0.58%. Under the pressure of economic recovery in the United States, high-valued technology stocks have become the target of selling in recent months, with a cumulative maximum of more than 1,000 points, and finally rebounded generally yesterday. In addition, the number of new jobless claims in the United States last week was less than expected, which led to the improvement of the overall stock market, and the three major indexes of the new york stock market rose across the board. Dow Jones index rose 1.29%, The Standard & Poor's 500 Index rose 1.21%, while the Nasdaq Index rose 0.72%.   Gold price rebounded, and it took on the pressure caused by inflation in Eurasia. Investors worried that rising inflation might trigger the Federal Reserve to raise interest rates early. Moreover, some Fed officials said earlier that they should reduce the scale of buying bonds before raising interest rates. The gold market continued to sell in the early stage, falling to a minimum of 1808 US dollars, but the United States announced it last night The number of people who applied for unemployment benefits for the first time in Zhou was 473,000. Although the performance was better than expected, it did not further stimulate the rise of the US dollar. The market interpreted the employment data better. Relieved the pressure of some Fed to raise interest rates, and the data also stimulated the price of 10-year government bonds to rise. The yield of 10-year government bonds fell below the bid rate of 1.684% in earlier auction. Gold price rebounded significantly in 20 yuan, reaching as high as $1,829, and finally closed at $1,825, up $9. For detailed analysis and operational suggestions, please CLICK the following link to join the group and check with the administrator https://t.me/mingtakchat

2021-05-13

May 13 th   Today's volatility range: The situation in Israel and Palestine is expected to slow down. The inflation pressure in the United States in April far exceeded market expectations, the US dollar index bounced sharply, and the US Treasury Department responded enthusiastically to the auction of 10-year treasury bonds last night, which stimulated the yield of US debt to rise above 1.7%. The gold price ended its rising trend, and even fell below the support position of $1818. The next stage will test whether the support of $1800 is strong or not. Today's proposed amplitude is between 1802 and 1824.     The epidemic situation in Hong Kong has shown some signs of easing. The Education Bureau announced that all primary and secondary schools, kindergartens and tutorial schools in Hong Kong can resume the half-day teaching arrangement from the 24th of this month. However, before all schools in Hong Kong reopen, Some DSS schools are eager to apply to the Education Bureau for fare increase. The Education Bureau said yesterday that as of last Friday, it had received 27 applications for tuition adjustment from DSS schools. According to the Education Bureau, Direct subsidy schools that will adjust their tuition fees in the new school year should consult their parents on the increase, including explaining the reasons for the increase and responding to their opinions and concerns about the increase. But in general, Unless the rate of increase is too outrageous, most of the DSS schools are traditional famous schools, which will be supported by parents who like famous schools, and the Education Bureau has no right to interfere with the increase in tuition fees of these DSS schools.   Although the public can't read the real reasons for the increase in tuition fees of various DSS schools, it is estimated that it can't be separated from the general reasons, such as the difficulties in operating under the epidemic situation, the decrease in the number of students due to immigration and the rising operating costs. however Under the pressure of the epidemic, the price index of Hong Kong increased by 0.5% in April last time, and the inflation rate is expected to be 2% in the same period next year. Because of the high unemployment rate in Hong Kong, However, housing expenditure, which accounts for the largest proportion of people's expenditure, still hangs high, and many people already feel that prices are difficult to top now. If the economy still fails to improve next year, then the public will definitely add to the burden, not only being harsh on the government, Even inflation is fiercer than tiger! Hang Seng Index rebounded yesterday, rising 0.78% to close.   The situation between Israel and Palestine escalated, and the war situation became even more out of control. The United States sent Assistant Secretary of State blinken to mediate. He telephoned Israeli Prime Minister Benjamin Netanyahu and urged all parties to stop the violence and cool down the tense situation. On the other hand, Russia, another military power, also urged the two sides to cease fire, and wanted to promote four-party talks to replace force by dialogue. Under the surveillance of the two major military powers, the situation in the Middle East has the opportunity to achieve further peace. Europe's economic recovery is just around the corner, the market is eager for energy to exceed supply, and energy stocks have driven the overall market. The three major indexes of European stock markets have risen across the board, and the DAX index of Frankfurt, Germany has risen by 0.21%; CAC in Paris, France rose by 0.19%; The FTSE 100 Index rose 0.78%.   In April, the inflation pressure in the United States far exceeded market expectations. The market expected the consumer price index of the United States to expand by 3.6% last month, which was already the highest level since September 2013. However, it was unexpected that more shocking data was released yesterday, with an increase of 4.2%. In addition to the pressure of tax increase due to the large investment in the Biden administration's new infrastructure plan, the operators have publicly expressed their panic about the soaring costs. Naturally, they will also transfer the increased costs to consumers. Further raise consumer prices. Investors expect the rising operating costs of enterprises to hit corporate profits, and the three major indexes of new york stock market fell across the board. The Dow Jones index fell 1.99%, and the Standard & Poor's 500 Index fell 2.12%. Nasdaq index fell 2.67%. The gold price ended its rising trend, and the situation in Israel and Palestine is expected to slow down. In April, the inflation pressure in the United States far exceeded market expectations, and the US dollar index bounced sharply, reaching the highest level of 90.8. In addition, the U.S. Treasury Department auctioned $41 billion of 10-year treasury bonds last night, which responded enthusiastically. The winning interest rate reached 1.684%, and the bid multiple was 2.45 times higher than that of last month, which stimulated the yield of 10-year U.S. debt to rise above 1.7%. The price of gold dropped significantly, reaching a high of $1,844 and a low of $1,813 yesterday, and finally closed at $1,816, down $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

2021-05-12

  May 12 th   Today's volatility range: The price of gold took on the earlier uptrend yesterday, and with the escalation of the situation in Israel and Palestine, gold became a safe-haven asset, but the data of the US job market was repeated, and there was a paradox that some people had no work and no one was beaten; The United States just announced last week that the number of non-agricultural employment declined last month. Yesterday, the US labor mobility survey reported that the number of job vacancies increased by 597,000, accumulating to 8.12 million. It was the highest record since December 2000 when the data came out. When the data hit the gold price, it quickly returned to US$ 20, but when it reached US$ 1,818, it attracted a lot of buying to form a rapid rebound. The long tail cross star appeared yesterday. It shows that the uptrend has not changed. As long as the central axis of the downtrend derived from the historical high in August last year is maintained, it is still generally improving. There are not many important data this week, depending on the reflection of the price index on inflation. However, officials of the Federal Reserve Bureau are still saying that inflation is caused by short-term overshooting, and there should be no short-term interest rate increase. The gold price can still be seen as higher, and the target of $1,848 in the next stop remains unchanged. Today's proposed amplitude is between 1825 and 1843.   Hong Kong reappeared for the fourth consecutive day with zero local diagnosis yesterday, showing signs of abating. The Education Bureau announced yesterday that all primary and secondary schools, kindergartens and tutorial schools in Hong Kong will start from the 24th of this month, Full restoration of the half-day teaching arrangement, in order to avoid students eating out, the class time is still limited to only half a day. The education sector welcomed the government's arrangement, and some students also expressed their wish to go back to school to meet friends and study as soon as possible. There are also young students who say that they can really have their summer vacation when they return to school. On the other hand, Chief Executive Carrie Lam Cheng Yuet-ngor rarely apologized to the public. Recently, new varieties of viruses flowed into the community, and the government forced the residents of the same building in the patient's house to be sent The quarantine center arranged by the government has caused a large number of complaints from residents, including poor sanitary environment and difficulty in importing food, and it has been verified that it was handled by a workplace with a previous record of food poisoning. In response to a reporter's question, the Chief Executive said that this was caused by the lack of time for bidding. Such a low-level explanation washed her image of being easy to fight. What is even more rare is that her face was not red and her ears were not hot when she spoke. After years of training, it is really thick-skinned!   War broke out in the Middle East, and Palestinian and Israeli police clashed at the Al-Aqsa Mosque in Jerusalem on Monday, triggering the most serious conflict between Israeli and Gaza armed groups since 2019. Yesterday, a residential building in the Gaza Strip collapsed after being attacked by Israel. After Israel attacked Gaza, Hamas, the leader of the Palestinian Islamic Resistance Movement, claimed to have fired at Tel Aviv, Israel 130 rockets in retaliation. Later, Israel indicated that it had deployed 80 jets to bomb the rocket launch site in and around Gaza City in response. With the escalation of the Israeli-Palestinian situation, the war situation is even more out of control. The situation is worrying. Yesterday, a small-scale stock market crash broke out in the global stock market except the mainland. It is expected that inflation will rise sharply and the valuation of technology stocks will become the target of selling. Ark Investment, which is known as "Lian Deng Qima" or "Wood Sister" Cathie Wood, the founder, also said that the decline of technology stocks was not finished, and Asian stock markets generally fell, with Japanese and Taiwan Province stock markets falling by 3.08% and 3.79% respectively, while others fell by 0.7% to 01.2. Wang Xing, chief executive officer of Meituan, said that the stock price fell 5% again yesterday, and the market value evaporated by nearly 400 billion in 10 days, which brought trouble to a large number of high-tech stocks. As a result, the Hang Seng Index failed to operate and closed down by 2.03%.   Technology stocks fell, the three major indexes of European stock markets fell across the board, and the DAX index in Frankfurt, Germany fell 1.86%; CAC in Paris, France fell 1.82%; Britain's FTSE 100 index fell 2.47%. Dragged by the decline in highly valued technology stocks, The three major indexes of new york stock market fell across the board. Dow Jones index fell 1.36%, Nasdaq index fell 0.09%, and Nasdaq index fell 0.87%. Expected inflation to heat up, gold price took on the earlier rising trend yesterday. Coupled with the war in the Middle East, the situation between Israel and Palestine escalated, which enhanced the attractiveness of gold. The price of gold was as high as $1,841 yesterday. However, the increase of job vacancies in the US labor mobility survey report released last night was better than the market expected, and the figures fluctuated after being released. The lowest price was $1,818, but going to this support position attracted a large number of bulls to enter the market, and finally closed at $1,837, rising by $1, keeping the five-day continuous rise. For detailed analysis and operational suggestions, please CLICK the following link to join the group and check with the administrator https://t.me/mingtakchat

2021-05-11

May 11 th   Today's volatility range: Yesterday, the price of gold took on the upward trend earlier. As long as the downward axis derived from the historical high in August last year is maintained, it is still generally good. There are not many important data this week. It depends on the reflection of the price index on inflation, while officials of the Federal Reserve Bureau are still saying that inflation is caused by short-term overshooting, so there should be no short-term interest rate increase guarantee, and the gold price can still be seen as higher. The next stop is $1848. Today, the proposed amplitude is between 1826 and 1840.   There were four new confirmed cases in Hong Kong yesterday, all of which were imported cases, and zero local confirmed cases reappeared for three consecutive days, which deserves applause from all citizens. Yes, and as for the quarantine arrangement announced by the Food and Health Bureau last week for the entry of people who have completed two doses of COVID-19 vaccine, some experts said that shortening is not a problem. It is a question of the whole arrangement and contingency, which means that the government is careless in dealing with the epidemic situation, and often only instructs the policy from above, and then each department only knows its own scope of implementation. In case of sudden changes, all departments blame each other. If the Government repeats its mistakes again, it will only slow down the recovery of Hong Kong as a whole and fail to live up to the expectations of Hong Kong people. Wang Xing, CEO of Meituan, quoted the seven ancient poems "Burning Book Pit" written by Zhang Wei of the Tang Dynasty on social media, because of the first and last sentences, "Bamboo cigarettes are sold in vain ... Liu Xiang did not study." With the implication of insinuating leaders, investors are afraid that Wang Xing will follow Ma Yun's footsteps and sell one after another, which once dragged down the stock price and plunged up to 10% and brought trouble to a large number of high-tech stocks. Hang Seng Index closed down 0.05% on Monday. After the counting of votes was completed in the British regional elections, the Scottish Parliament, which attracted more attention, also got results, and then the Scottish National Party, which advocated independence, won. For the fourth time in a row, he became the largest party in the local parliament. Shi Yaqing, the party leader and chief minister of Scotland, made it clear that he would push for the second independence referendum again and become an unexploded bomb in Britain. If Scotland really departs from Britain, it is not only a matter of losing political prestige, but also a practical problem of national territory and economic loss. Imagine a new border. Attention to protection will follow, and obstacles will appear in people flow, logistics and taxation, so as to ensure that one of them, even financial institutions, will consider complex issues such as relocation, and that national defense and security will have to spend extra money. In the international impression, the Kingdom of Great Britain is just like an old man, and British Prime Minister Johnson has no headache. The three major indexes of European stock markets fell by 0.01% only in Britain. Germany's Frankfurt DAX Index and France's Paris CAC Index both recorded increases, up 0.04% and 0.01% respectively. Affected by the decline of high-valued technology stocks and high commodity prices, The fear of rising inflation in the market caused the three major indexes of new york stock market to fall across the board. The Dow Jones index hit a new high and then fell by nearly 0.10%, while the Standard & Poor's 500 Index fell by 1.03%. The Nasdaq index fell after a day of recovery, with a loss of 2.55%. In anticipation of rising inflation, the price of gold rose for four consecutive days yesterday, reaching a high of $1,845 and a low of $1,830. It closed at $1836, up $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  

2021-05-10

May 10 th   Today's volatility range: The price of gold finally rose above $1,800 last week. It is expected that Biden's $4.1 trillion economic stimulus plan will be favorable for Congress to pass after the employment growth slows down. However, the Federal Reserve Bureau hinted that it would not raise interest rates to cope with inflation in the short term, and the Taiwan Strait issue made Sino-US relations more tense, so the gold price could still be seen as higher, and the target of $1,848 in the next stop remained unchanged. Today, the proposed amplitude is between 1818 and 1840.     After the variant virus flowed into the local community, there were crowds in many testing centers last week, but the Secretary for Food and Health, Chen Zhaoshi, said on Friday that there was no large-scale outbreak of the variant virus in the community. According to the expert group's suggestion, people who have been vaccinated with two doses of Covid-19 vaccine for 14 days can be given a shorter quarantine period. As for overseas arrivals who meet the same conditions, According to the risks in the countries and regions from which they left, the quarantine period after arrival in Hong Kong can also be shortened by 14 days at most. However, Shenzhen, which is next to Hong Kong, obviously does not trust it In response to the epidemic situation in Hong Kong, the entry quarantine measures of Hong Kong people were tightened immediately until 14 days of quarantine and 7 days of health management for their home office, slapping Secretary Chen.   After the May Day holiday in the Mainland ended, although Beishui returned to Hong Kong stocks again, the epidemic still plagued Hong Kong's economy. The Census and Statistics Department announced the GDP forecast for the first quarter of this year last Monday. The budget increased by 7.8% over the same period of last year, but a spokesman for the Census and Statistics Department added that the epidemic continued to hit individual economic sectors, and the overall economic activity was still lower than that before the recession. Hang Seng Index closed down 0.40% a week. The epidemic situation in Europe is slowing down, and vaccination programs in more European countries are progressing satisfactorily. Last week, the European Union formally recommended that member States allow visitors with "vaccine passports" to enter the country. And take advantage of the golden period of summer vacation to promote the recovery of tourism, and the market looks forward to the reopening of European economy. The Bank of England announced the interest rate decision last Thursday, which remained unchanged at 0.1%. Bank of England Governor Bailey said at a press conference that the Bank of England has no new ideas for withdrawing from quantitative easing measures, and it is not an appropriate time to talk about reducing the purchase scale of British government bonds. Two factors are good for the stock market. The three major European stock markets have risen across the board. In one week, the DAX index in Frankfurt, Germany rose by 1.74%, and the CAC in Paris, France rose by 1.85%; Although there are still bombs of Scottish independence referendum in Britain, it still rose by 2.29%.   In April, the price of gold repeatedly challenged the 1800 mark, but it failed to return. Last Monday, it was unveiled by the speech delivered by US President Biden in Congress 100 days before he took office. At the meeting, Biden proposed an economic stimulus plan for infrastructure and education amounting to 4.1 trillion US dollars. Last week, the US budget showed strong strength. It is expected that inflation will cause the US dollar to fall below 91 points, and the gold price will rush to 1,798 US dollars and then turn back again. During the period, there was a short story, which was related to the interest rate hike speech of U.S. Treasury Secretary Yellen, and the gold price heaven and hell turned around, forcing the gold price to return to $1,770. However, the small non-agricultural industries in the United States detonated the gold price. The price of gold finally broke through the psychological barrier of $1,800 and rose for three consecutive days. On Friday, the number of non-farm payrolls in the United States increased by only 266,000, far below the average of nearly 900,000 expected by the market. The unemployment rate announced later also disappointed the market, with a figure of 6.1%, which was not as good as expected, and even turned around and rose compared with March! Gold rose to a peak of $1,843 last week and closed at $1,831. It rises by $59 per week and $16 per day. For detailed analysis and operational suggestions, please CLICK the following link to join the group and check with the administrator https://t.me/mingtakchat

2021-05-07

May 7 th   Today's volatility range: In April, the price of gold repeatedly challenged the psychological barrier of 1800, but failed to return. It was guaranteed by several Fed officials that investors bet that the Fed is expected to keep interest rates low, which will help enhance the attractiveness of gold. The gold price finally broke in one fell swoop yesterday. In Monday's weekly review, I wrote an extra one-year review under the volatility, and mentioned that "gold has always been a traditional investment tool against inflation ... providing multiple opportunities to enter the market". I couldn't think of three days before I passed a level, and the resistance of $1,818 on the red line of the chart yesterday only softened. As long as the market outlook stabilizes, it will cost $1,800 upstairs and $1,848 at the next stop. Today's proposed amplitude is between 1803 and 1826. Resale the advertisement. This Friday night, there are non-agricultural data released in the United States. Our company has a live broadcast of related topics on Facebook that night. Interested Batasida can pay attention to this website or join a group to inquire.   With the introduction of the variant virus into the local community, the Administration issued a mandatory testing requirement on the 30th of last month, requiring all foreign domestic helpers to undergo mandatory virus testing before the 9th of this month. After the test plan comes into effect, There are crowds in many testing centers. According to the statistics of the Labour Department, there are about 370,000 foreign domestic helpers in Hong Kong, and as of Tuesday, 200,000 testing reports have been completed for these people. At the same time, the Labour Department revealed that, More than 130,000 FDHs made an appointment to go to the testing center for testing before the dead line set by the government. According to the figures provided by the Labour Department alone, it can be seen that the operation of the testing center has reached saturation. In addition, the compulsory inspection arrangements in the closed areas are affected. The staff of the testing center must be exhausted. I hope that even if they are in the front line of epidemic prevention in Hong Kong, they will remain professional, stop making mistakes and mistakes, and let more patients leave the community to broadcast drugs. After the May Day holiday in the Mainland, Beishui returned to Hong Kong stocks again, and the market turnover immediately increased to HK$ 161 billion. Supported by Beishui, Hang Seng Index rose 0.77% to close yesterday.   The Bank of England announced the interest rate decision yesterday, which remained unchanged at 0.1%. Bank of England Governor Bailey said at the press conference that the Bank of England has no new ideas for withdrawing from quantitative easing measures. It is not an appropriate time to talk about reducing the purchase scale of British government bonds. His remarks benefit the risky market, with all three major European stock markets rising, and the DAX index in Frankfurt, Germany rising by 0.17%. CAC in Paris, France rose by 0.28%; The FTSE 100 Index rose 0.52%. After U.S. Treasury Secretary Janet Yellen clarified her earlier remarks on raising interest rates, several Fed officials also spoke in a unified voice. It has played down the market's panic about rising interest rates. In addition, the United States announced that the number of people applying for unemployment benefits for the first time last week recorded 498,000, a record low since March 14 last year. Investors are looking forward to a comprehensive economic recovery. Three indexes of new york stock market rose across the board. Dow Jones index reached a new high, rising 0.92%, Nasdaq index also rose 0.80%, and Nasdaq index got rid of its daily decline, rising 0.37%. It was guaranteed by several Fed officials that investors bet that the Fed is expected to keep interest rates low. The gold market rose sharply yesterday, breaking the psychological barrier of $1,800 in one fell swoop and rising to the highest of $1,818 When resistance softened, it finally closed at $1815, up $28. For detailed analysis and operational suggestions, please CLICK the following link to join the group and check with the administrator https://t.me/mingtakchat

2021-05-06

May 6 th   Today's volatility range: U.S. Treasury Secretary Janet Yellen clarified her remarks on raising interest rates, and several Fed officials spoke in a unified voice, which played down the market's panic about rising interest rates. In addition, the small non-agricultural data was worse than market expectations. The data should indicate that the price of gold is going up, but the gold market has fallen first and then rebounded, which is quite paradoxical! The non-agricultural data of the United States will be released on Friday night. Will there be another trap then? Our company was there that night There are live broadcasts of related topics in the face book. Interested Batasida can pay attention to this website, or enter the group to inquire. Today's proposed amplitude is between 1773 and 1791.Wearing 1791 will test the 1800 mark again. There were six new confirmed cases of new coronavirus in Hong Kong yesterday, among which three were local cases, including two foreign domestic helpers, and two different strains of COVID-19 virus were detected at the same time. Domestic helpers in Hong Kong had hoped that they could help care for a family, old and young, but now they have become time bombs in their homes, and they are worried day and night. The reason is that the government's poor monitoring is the truth. Look, even under the severe epidemic situation, foreign domestic helpers are still seen from time to time sitting on the ground in Central District, Causeway Bay and other places during holidays, and even sharing food on the streets, which is greatly exposed to risks. However, it is rare for the venue keeper to interfere, and few law enforcement officers to vote for control. Besides, the laboratory contractors employed by the government have made mistakes again and again, and as the first line of defense, they have also fallen., Do senior officials still have the right and no responsibility?   Hong Kong stocks fell with European and American stock markets yesterday, and Hang Seng Index closed down 0.49%. European investors are looking forward to the economic recovery. The Eurozone April comprehensive purchasing manager index announced yesterday, plus US Treasury Secretary Yellen, Recycling interest rate hikes, all three major European stock markets rose, the DAX index in Frankfurt, Germany rose by 2.12%, and the CAC in Paris, France rose by 1.40%; The FTSE 100 Index rose 1.68%. U.S. Treasury Secretary Janet Yellen clarified her earlier remarks on raising interest rates. After the US stock market closed, she saw that her remarks triggered drastic fluctuations in the market and retracted her remarks, saying that she appreciated the independence of the Federal Reserve. I think inflation will not be a major problem. Her behavior is of course self-defeating, but the most pitiful thing is that investors who are too close to the car are miserable by the left one, the right one, and the new york stock market continues except for high-valued technology stocks In addition to dragging down Nasdaq index by 0.37%, Dow Jones index reached a new high, rising 0.28%, and Nasdaq Standard & Poor's 500 Index also rose 0.09%.   The gold price kept the same pattern as the previous days in the early part of yesterday, and fluctuated within a narrow range between ten dollars. After the small non-agricultural data in the US market was worse than the market, the gold market first fell to the low of 1770 dollars yesterday, and then rebounded rapidly. The highest rose to $1,788, the volatility slightly expanded to $18, and finally closed at $1,785, up $6. For detailed analysis and operational suggestions, please CLICK the following link to join the group and check with the administrator https://t.me/mingtakchat

2021-05-05

5月5日   今日波幅區間:   昨日美國財政部長耶倫的加息言論，引爆金價，並將前天的大陽燭造成的升勢也一併炸散了，今晚有美國非農數據人數變化，預計數字理想， 昨日一跌將為今晚作緩衝。今日建議波幅在1766-1782之間。   香港政府統計處在星期一公佈今年第一季的本地生產總值預先估計，數據較上年同期增長7.8%，終止了連續6個季度的按年收縮。 統計處解釋，是主增長要是由於去年基數較低，以及在內地和美國帶動的環球經濟復甦下，期內進出口都大增23%至30%所致。 統計處發言人補充，疫情繼續打擊個別經濟環節，整體經濟活動仍低於衰退前的水平，指疫情受控才可為本港復甦創造條件。 但昨日本港再有感染變種病毒確診者，包括一名由3月底從菲律賓抵港的菲傭，近日本地感染數字大幅回落，可見市民已盡力防控， 而政府又是否如她所宣傳的做到滴水不漏呢?不要只將錯失歸咎於不打針的市民了!   香港股市昨日反彈 ，恆生指數升0.7%收市。   歐洲投資者憧憬經濟復甦，科技股因估價較高成換馬對象，加上美國加息疑雲，含科技量較高的德國股市領跌， 德國法蘭克福DAX指數跌2.49%，法國巴黎CAC跌0.89%%；英國富時100指數跌0.67%%。   自2020年3月新冠肺炎大流行爆發以來，美國已透過不斷買債從而提供約5.3萬億美元的刺激支出，時到今日，已看到美國經濟正在不斷改善中，除了就業數據比較令決策者擔心外，但亦已是往向好的方面發展； 美國上週公佈第一季國內生產總值增長6.4%，而美聯儲永久票委，紐約聯儲銀行行長威廉斯更預計今年美國經濟增長可能達到7%，並形容是上世紀八十年代以來最大的增幅! 而在上月28日，美國總統拜登在上任100天前夕出席美國國會聯席會議，更提出一個達4.1萬億美元巨額經濟刺激預算，預算分別投資於人材教育，包括提供免費學前教育，並向美國人提供免費的社區大學教育； 另一方面，拜登亦打算大量投資基建方面，美國立國多年，人口僅3.3億人，只是中國的23%不到， 由於人口密度不集中，很多基礎建設都不是以整改模式出發，只靠私人市場去推動，難免有些地區或建設相對落後，今次為保世界第一經濟大國的聲譽去改善這方面設備，方向亦算是恰當。 據了解，拜登的基建計劃將著力投資公共交通、鐵路、機場、供水管道、道路橋樑、高速網絡等基礎建設。 但問題來了，印出來的銀紙定必刺激通脹，美聯儲多番發言意圖淡化這問題，不是說是短期失衡就是說是暫時性的。 但面對美國總統拜登雄心雄心勃勃的大計，還是美國財政部長耶倫較老實，她昨日出席一個經濟研討會上表示，可能不得不提高利率，以抑制美國經濟的過熱增長。 加息言論觸發投資者拋售對息率敏感的高科技股，納斯達克指數及標準普爾500指數分別下跌1.87%及0.69%，而道瓊斯指數保不失，升0.06%。   金價昨日在亞洲市保持早前格局，波動於十美元之間， 進入歐市，美債10年期美債孳息率急跌至1.567%，為4月26日以來最低水平，金價再趁勢再衝1800美元關口，但去到最高1799美元又再次無功而還。 稍後美國財政部長耶倫的加息言論，引發金價下跌至昨日最低見1771美元，最終收市報1779美元，跌15美元。   如欲了解詳細分析及操作建議，歡迎CLICK以下連結入群及向管理員查詢 https://t.me/mingtakchat

2021-05-04

5月4日   今日波幅區間: 昨日公佈製造業採購數據出乎意料出現倒退，美元指數即時跌穿91點，成為金市上升動力。而兩位美聯儲重磅人物昨日發言都未有釋放鷹派訊息，在美聯儲仍然印鈔之際，通貨膨脹是必然的事，黃金後市仍較為看悄，但本星期有美國非農數據，預料就業數據偏好，經昨日一升，到時波動可能更大。今日建議波幅在1782-1802之間。   「五窮月」魔咒發功!亞洲股市昨日普遍下跌，港股在內地是在亞洲中第二大跌幅的市場，跌幅達1.28%，僅次於的台灣的1.98%。 港股的下跌，除了是因內地五一長假，缺少了北水支撐外，真正原因是印度新冠疫情持續惡化，並有新變種病毒輸出到亞洲其他國家； 除香港早前發現一名印度裔男士在3月19日由杜拜到港，確診為新冠變種患者，本港昨日再多一名印度婦人驗出帶有變種新型冠狀病毒株，再造成社區感染。 而菲律賓、越南、新加坡及馬來西亞亦陸續發現新冠變種確診者，投資者恐懼疫情會再拖累亞洲經濟表現，爭先變現，最後成就了是次亞洲整體跌市。   除着更外多歐洲推行疫苗接種計劃，而且進度理想，歐盟昨日正式建議成員國容許持有「疫苗護照」的旅客入境，並趁暑假的黃金檔期，推動旅遊業復甦，市場憧憬歐洲經濟重開。 股票市場反應正面，德國法蘭克福DAX指數升0.75%，法國巴黎CAC升0.67%；英國假期休市，無緣於升市。   美聯儲永久票委，紐約聯儲銀行行長威廉斯昨日發言，他預料今年美國經濟增長率可能達到7%，並形容是上世紀八十年代以來最大的增幅， 在談及通貨膨脹時，威廉斯表示，儘管經濟增長強勁，有部分產業出現短期失衡，但美聯儲擁有應對過高通脹的工具，他並預期明年通脹將回落至2％。 他補充，在現階段美國經濟仍然未達到聯儲局的通脹和就業目標。   而美聯儲主席鮑威爾亦在在同日發生講話，他指經濟前景明顯是光明的，但也指出美國現在就業情況困局，他說重新開放經濟會帶來強勁的經濟活動和創造就業機會， 但即將出爐的美聯儲研究報告將顯示，教育程度較低和上班族父母，在新冠疫情經濟衰退期間遭受的不成比例的打擊。 這種歧視現象會造就貧富差距擴大並窒礙經濟發展。 鮑威爾在講話其中，輕輕帶過美聯儲現在立場，他說，美聯儲正在嘗試盡其所能，但不會要求新的工具或新的授權。   兩位美聯儲重磅人物都未有釋放鷹派訊息，投資者憧憬經濟重啟，追逐舊經濟股份， 美股3大指數則個別發展，道瓊斯指數升0.70%；標準普爾500指數升跌0.31%；納斯達克指數則跌0.48%。   美國上月供應管理協會製造業採購經理人指數出乎意料下跌，雖然數字有可能有誤導 (篇幅關係，有機會再補充)， 儘管如此，已造成美元跌破91點的藉口共並使10年期美國債孳息率回軟，金價趁勢再衝1800美元關口，但再度去到最高1798美元又再次回頭， 金價昨日最低見1766美元，收市報1794美元，升22美元。   如欲了解詳細分析及操作建議，歡迎CLICK以下連結入群及向管理員查詢 https://t.me/mingtakchat

2021-05-03

May 3 rd Today's volatility range: The dovish remarks made by Federal Reserve Chairman Powell after the announcement of the interest rate decision made the price of gold rise, but keeping up with the ideal economic data released and Biden's new economic plan stimulated the dollar to go higher, which significantly pressured the price of gold. This week, there are US non-agricultural data, which is expected to favor the data, which is unfavorable to the gold market in the short term. Seeing that last Friday's volatility was only US$ 10, investors have a strong wait-and-see attitude, which may fluctuate within a narrow range before Wednesday. Today's suggested volatility is between 1764 and 1777. Looking back over the past year, the price of gold broke through the record high of US$ 2,075 in August last year, but the closing price last week was almost in place, which was significantly worse than other investment tools. While the Federal Reserve was still printing money, inflation was inevitable, and gold has always been a traditional investment tool against inflation, so it should not be displayed like this. Recently, the price of gold seems to have a tendency to copy the trend of last year, and April is the first time since this year that there has been a monthly increase. This time, non-agriculture may provide a long time to enter the market, especially a golden opportunity that has dropped by nearly 1680. India's COVID-19 epidemic continues to deteriorate, with the number of newly added cases exceeding 400,000 on Friday, while the average number is increasing by more than 360,000. The two figures once again set a record after the global virus pandemic, and the situation is worrying! The Indian government estimates that the national epidemic may not peak until mid-May. In the spirit of humanity, many western countries, even China, which has recently suffered from the border conflict, have offered assistance to India. India's epidemic also indirectly affects the global economy. In addition to being a populous country, India is the fifth largest economy in the world. The epidemic not only hits India's spending power, but also because India is one of the members of the global supply chain. The continuous flight ban under the epidemic will inevitably lead to a supply gap. Under the global integration, it is difficult for the international community to be immune to it. Standard & Poor's estimates that India's economy will face permanent cumulative losses due to the Covid-19 outbreak, which is estimated to be 10% of its gross national product, and will affect the whole world. Tightening social measures and international flight ban will drag down the recovery of global consumer retail and airport industries. Last week, the news of favorable venture capital investment in the United States was endless. In the early morning of Wednesday, the Federal Reserve announced that it would maintain the interest rate ceiling at 0.25%. After the results of the interest rate discussion, Federal Reserve Chairman Powell said that this stage is not the time to start reducing the scale of debt purchase, because economic activity has just rebounded recently, it will take some time to reach the standard. Dove remarks imply that it is not time to collect water, which is conducive to asset inflation. On the other hand, the US job market is also moving towards a positive trend, benefiting from the ideal progress of the vaccination program. Last Thursday, the number of people who claimed unemployment benefits for the first time in the United States last week was 553,000. Although the data was slightly worse than expected, it was already The lowest number since the epidemic, and the personal income of the United States in March took into account the government's epidemic assistance check, which increased by 21%, which was more conducive to further stimulating the economy; On the same day, the gross domestic product (GDP) of the United States in the first quarter was as high as 6.4%, which was better than the market expectation. This strong growth was due to the German government that immediately joined hands with Congress to approve a huge epidemic stimulus plan worth $1.9 trillion after the rise of US President Biden's In addition, U.S. President Biden attended the joint meeting of the U.S. Congress on the eve of his 100th day in office, and delivered a speech at the meeting, proposing a huge economic stimulus budget of 4.1 trillion U.S. dollars. We can see that the road of American recovery is about to enter a smooth road! The ideal economic data released by the United States and Biden's new economic plan stimulated the dollar to go higher, and the gold market was under significant pressure. Last week, the highest price of gold was 1,790 US dollars, and the lowest price was 1,756 US dollars. On Friday, it closed at 1,772 US dollars, without rising or falling every day, but falling by 5 US dollars every 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

2021-04-30

April 30 th   Today's volatility range: The volatility of the gold market further expanded to 34 dollars yesterday. The ideal economic data released by the United States and Biden's new economic plan stimulated the dollar to go higher. The gold price fell below the support of 1,777 dollars yesterday. However, the market closed with the strong support of US$ 1,764 in the past two months, which is a key position and should not be lost. Today, the proposed amplitude is between 1764 and 1780.   The Food Health Bureau began to relax the business restrictions of restaurants and other premises yesterday, hoping to use "vaccine bubbles" to get rid of grain needles. However, some restaurant owners said that apart from the confusion of government information, It is also difficult to require employees to fully vaccinate before starting work, and it is even more difficult to distinguish whether the needle cards made by customers are authentic or not. Moreover, restricting customers in different situations by zoning may affect customers coming to large classes. In the end, it is feared that the loss outweighs the gain. In order to assist this relaxation, the Health Bureau dispatched patrol officers and imposed penalties on violators. The effect will be known in two weeks.   Thanks to the ideal progress of the vaccination program, nearly 50% of adults in the United States have received the first shot of vaccine. The benefit of vaccine is reflected in the recent decline of new coronavirus infection cases. It also played a boosting role in the job market. Yesterday, the number of people who applied for unemployment benefits for the first time in the United States last week was 553,000. Although the data was slightly worse than expected, it was already the lowest since the epidemic. Some experts estimate that if the vaccination program progresses steadily, the employment situation in the United States will have a chance to return to the pre-epidemic level in the first quarter of next year.   In addition, the US President Biden's government approved a huge epidemic stimulus plan worth 1.9 trillion US dollars, which also achieved results. Last night, the US announced that the GDP in the first quarter was as high as 6.4%, which exceeded market expectations. The stock market reacted positively late. In addition, yesterday, US President Biden attended the joint meeting of the US Congress on the eve of his 100th day in office and delivered a speech at the meeting, during which he repeatedly mentioned China as a competitor. In his speech, he put forward a huge economic stimulus budget of 4.1 trillion US dollars, threatening to revitalize the United States and win the competition with China. Ideal data and Biden's huge cost, Investors were excited early, and the three major indexes of US stocks rose across the board, and the Dow Jones index rose by 0.71%; The Standard & Poor's 500 Index fell 0.68%; Nasdaq index fell 0.22%. Last night, the United States announced its GDP for the first quarter of this year. The data performed well, which caused the bonds of many countries in the euro zone to be sold off. The general yield increased by 0.04% to 0.06%, and caused the three major European stock markets to fall across the board. The DAX index in Frankfurt, Germany fell by 0.83%. CAC in Paris, France fell 0.07%; Britain's FTSE 100 index fell 0.04%. Yesterday, the volatility of the gold market further expanded to 34 US dollars, which improved in the early stage and rose to the highest of 1790, but then fluctuated repeatedly. After releasing the ideal economic data and Biden's new economic plan, the price of gold immediately came under pressure, and once fell to a low of $1,756, closing at $1,772, down $10. For detailed analysis and operational suggestions, please CLICK the following link to join the group and check with the administrator https://t.me/mingtakchat

2021-04-29

April 29 th   Today's volatility range: The volatility of the gold market expanded yesterday, and the price of gold fell to yesterday's low of $1,763 before the US market. After the result of the interest rate meeting and the dovish remarks of Federal Reserve Chairman Powell, Gold rebounded to $1783. Europe's economic recovery, short-term bullish euro against the US dollar, favorable for gold price. Today, Today, the amplitude is between 1780 and 1795, passing through 1795, and the market outlook gradually rises to 1820. India has added more than 360,000 confirmed cases of new coronavirus in a single day, breaking the global record again, with the cumulative death toll exceeding 200,000, the crematorium exceeding the capacity, and the waiting time for cremation needs one day or longer. WHO experts are even more worried that the official data of India may not reflect the reality, and more than 500 million people may be diagnosed. Countries continue to step up their support to India. China's first batch of oxygen generators arrived in India yesterday. On the other hand, US President Biden and Indian Prime Minister Modi will provide vaccines, vaccine manufacturing machines and therapeutic drugs such as Remdesivir. Standard & Poor's said that India was due to the outbreak of Covid-19 The economy is facing permanent accumulated losses, which are estimated to be 10% of its gross national product and affect the whole world. Tightening social measures will drag down the recovery of consumer retail, airport and other industries.   The government has made new innovations in its anti-epidemic work, and will relax the business restrictions of restaurants and other premises on an experimental basis from now on for a period of 14 days. Accord to that so-called "vaccine bubble" published by the food and environmental hygiene bureau, It is estimated that this policy hopes to encourage more employees in restaurants and other industries to get vaccinated by relaxing them, which is a genuine act of "grain needle". But a number of senior government officials are just hiding in ivory towers. I don't understand that the reason for the low vaccination rate in Hong Kong is due to two words: confidence! The public not only lacks confidence in the frequent accidents after vaccination, but also has confidence in the whole government, In particular, senior officials with decision-making power cast distrust, refused to accept opinions at the beginning of the epidemic, and some medical experts became environmental observation ambassadors; The laboratory contractors employed made mistakes again and again, Become anti-epidemic, and eventually no one will be held accountable! If the mentality of senior officials is not corrected, it will be futile to make more innovative decisions to fight the epidemic.   Many European banks announced their quarterly results one after another. Except for the case mentioned yesterday that UBS lost more than USD 860 million due to a hedge fund default, the performance of other banks was better than the market expectation. The three major European stock markets rose across the board, the DAX index in Frankfurt, Germany rose by 0.36%, and the CAC in Paris, France rose by 0.53%; Britain's FTSE 100 Index rose 0.25%. Investors bet earlier that the Fed would keep the interest rate decision unchanged. After the results of the interest rate decision, Chunjiang Duck took profits, the three major indexes of US stocks were first high and then low, and the Dow Jones index fell 0.48%; The Standard & Poor's 500 Index fell 0.08%; Nasdaq index fell 0.28%. The volatility of the gold market widened yesterday, The U.S. market once fell to yesterday's low of $1,763, and the Federal Reserve announced that the interest rate decision would remain unchanged. After the interest rate decision, Federal Reserve Chairman Powell said that this is not the time to start reducing the scale of debt purchase. As economic activity has just picked up recently, it will take some time to reach the standard. Powell's remarks caused the US dollar index and the yield of national debt to fall, and the gold price immediately rebounded to the highest price of US$ 1,783, closing at US$ 1,782, up US$ 6. For detailed analysis and operational suggestions, please CLICK the following link to join the group and check with the administrator https://t.me/mingtakchat

2021-04-28

April 28 th   Today's volatility range: The gold market had a strong wait-and-see attitude yesterday, and it was equally stuffy yesterday, with a volatility of $12. It is expected that the results of the Fed's interest rate decision will fluctuate greatly before and after zero morning tonight. Today's proposed amplitude is between 1764 and 1786.   Mao Bo, the Financial Secretary of Hong Kong, announced the 2021-2022 Budget earlier, stating clearly that the government will not introduce any direct subsidy for epidemic situation in the new financial year, but Uncle Bo, who is famous for his shrinking bones, has built a "good bridge". To show concern for the unemployed due to the impact of the epidemic, we launched the "100% Guaranteed Individual Preferential Loan Scheme", which will accept applications from today and can borrow up to 80,000 yuan from participating banks through the scheme.   Traditionally, Hong Kong people have the spirit of Lion Rock and like to rely on themselves. If they have jobs, they are no longer eligible for application. However, people who have no choice but to apply will not be able to repay them in the future, and they will only use public money to find out. The Hong Kong government has repeatedly stressed that the treasury is in short supply, so it can no longer send money to help the public. However, the Great White Elephant Project has been continuously launched. Lin Zheng made it clear that the landmark project left by himself during his term of office, the Lantau Island tomorrow, would throw money into the sea. It is even more contrary to the national "the belt and road initiative" policy. Therefore, whether the Financial Secretary's plan really wants to help the public after the outbreak, or just wants to raise the threshold for assistance, we all know fairly well.   India recorded more than 300,000 confirmed cases for the sixth consecutive day yesterday. It is reported that many hospitals in India are now full, some patients have been turned away from hospitals, and some patients in hospitals have died due to lack of proper medical equipment. In the spirit of humanity, many western countries, including Britain, China, the European Union and the United States, plan to provide assistance to India. The European Union said yesterday that it would deliver much-needed oxygen, medicines and equipment to India in the next few days. Recently, China's official media sent a friendly signal to India, saying that China would lend a helping hand immediately if India said one word, and reminded this neighboring country, which has been strained by border relations recently, that viruses are the common enemy.   HSBC announced its interim results yesterday. Due to the reversal of credit losses and the satisfactory performance of global banking and capital markets, the pre-tax profit in the first quarter increased by about 80% to US$ 5.77 billion, beating market expectations. HSBC said that its first-quarter profit continued to come from Asia, so it will focus on Asia, and it is expected to hire another 500 people in China this year. UBS, which is also a European bank, predicted yesterday that the performance in the first quarter was not ideal for HSBC. A UBS spokesperson said that the US hedge fund Archegos Capital lost 774 million US dollars due to its default, but in April, it sold out the other party's position, with a total loss of 861 million US dollars. Europe's three major stock markets fell across the board, The DAX index in Frankfurt, Germany fell 0.31%, and the CAC in Paris, France fell 0.03%; Britain's FTSE 100 index fell 0.26%. Investors wait and see the Fed's interest rate decision results, while the three major US stock indexes develop individually, and the Dow Jones index rises by 0.01%; The Standard & Poor's 500 Index fell 0.10%; Nasdaq index fell 0.34%. Yesterday, the gold market was also depressed. The gold price of USD reached the highest price of USD 1,786 and the lowest price of USD 1,774, and closed at USD 1,776, down USD 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  

2021-04-27

April 27 th   Today's volatility range: The gold market fluctuated within a narrow range in the early part of yesterday, and the gold price fluctuated greatly only after the US economic data was released. It is expected that it will remain a volatile market until the Federal Reserve has the interest rate decision on Thursday. Today's proposed amplitude is between 1775 and 1789.   India recorded more than 354,000 confirmed cases yesterday, which has reached a new high in the world for the fifth consecutive day. Local health officials predict that the epidemic will reach its peak in mid-May. It is estimated that there may be as many as 500,000 new infections every day. It is reported that many hospitals in India are now full, some patients have been turned away from hospitals, and some patients in hospitals have died due to lack of oxygen. In the peak period, it may bring down the whole medical system. India's epidemic also indirectly affects the global economy. India is the fifth largest economy in the world besides being a populous country. It is also a member of the supply chain under global integration, which will inevitably lead to supply fault under the epidemic situation.   Geopolitics is getting more and more fierce, and whether the conflict between China and the western camp will go off fire is of great concern to the international community. Recently, the Stockholm International Peace Research Report in Sweden pointed out that in 2020, The global economy declined by about 4.4% due to the COVID-19 outbreak, but the global military expenditure increased to nearly 2 trillion US dollars, an increase of 2.6%. Registration also means, The two largest military expenditure countries in the world are the United States and China, accounting for 39% and 13% of their total national expenditure respectively. China's military expenditure has increased for 26 consecutive years and China's GDP is expected When it grows, it will also increase its military expenditure to counter the threat of its competitors.   The European Union said that since the Mardner, Pfizer and Johnson & Johnson vaccines currently used in the United States have been approved by the European Medicines Agency, EU member States will unconditionally accept visitors who have been vaccinated with these vaccines. The EU's move will further promote the economic growth of Europe and may boost the euro, because Europe relies heavily on tourism. In 2019, Europe will account for about 50% of the total international tourists in the world. While the income from tourism accounts for 10% of the overall EU economy, which shows its importance. The three major European stock markets rose across the board, with the DAX index in Frankfurt, Germany rising 0.18% and the CAC in Paris, France rising 0.28%; Britain's FTSE 100 Index rose by 0.35%. The three major indexes of US stocks developed individually. Last night, the US announced that the growth of durable goods orders last month was lower than expected, and the price of US 10-year US bonds fell. Dow Jones index fell 0.18%, while the S&P 500 index and Nasdaq index rose 0.22% and 0.87%, respectively. The gold market was stuffy in the early morning yesterday. Until the opening of the US market, it was announced that the growth of durable goods orders last month was lower than expected. The price of gold fell to a low of $1,769 for a short time, but it quickly rebounded to $1,783 and closed at $1,781, up $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