Gold market analysis

2020-08-24

The Sino-US trade conference, which was thought to have been postponed indefinitely, surprised rashomon event! Gao Feng, spokesman of China's Ministry of Commerce, was asked in Beijing last Thursday whether the two sides would meet. "Both sides have agreed to hold a telephone conversation in the near future.". Although he did not mention the exact date, and did not further elaborate on the contents of the meeting to be discussed, he has sent a positive message that the trade conference is expected to reopen. However, the US side said that although it is satisfied with the implementation of China's first-stage trade agreement, especially the share of American agricultural products, it has not reached a consensus with China and has no timetable for returning to the trade meeting between the two countries. In a news interview, US President Trump even said that it is not necessary to do business with China. He said that if China does not treat the United States correctly, he will decouple the American economy from China. Who was lying at the China-US trade conference? Sino-US relations are still tense. US President Trang issued an executive order two weeks ago to complete the removal of two Chinese-funded programs TikTok and WeChat in the United States within 45 days. TikTok has officially taken legal action against the ban issued by US President Trump; The overseas version of WeChat changed its name in the United States, which is believed to avoid blocking. There are about 19 million users of WeChat in the United States. If it is really forbidden to use WeChat in the United States, This not only stifles the communication of WeChat users, but also hits the American economy, especially the retail industry, because many users are used to using micropayments to complete business transactions. Rumor has it that government officials are privately trying to make American companies such as Apple still have business dealings with WeChat in China, by limiting downloads and updates to the United States instead of the world. This arrangement is also based on economic interests. In recent days, senior government officials have been in contact with some companies, realizing that a total ban on WeChat may have disastrous effects on US technology, retail, games, telecommunications and other industries. Apple will be one of the most damaged American companies in the WeChat ban, but China is a big customer, and its market share accounts for one-fifth of Apple's revenue. The price of gold fluctuated sharply last week. After the news that Warren Buffett bought the world's largest gold mine stock, the price of gold returned to the level of 2,000 US dollars per ounce last week, reaching a maximum of 2016 US dollars per ounce, but on Wednesday night, The minutes of the July policy meeting released by the Federal Reserve showed that members were worried that the recovery of the US economy from the recession caused by the epidemic was full of uncertainties, which prompted the Federal Reserve to implement large-scale stimulus measures for a longer period of time. We agreed to keep the short-term interest rate target at 0-0.25%. Although experts have expected the interest rate and its policy to remain unchanged, the market still regards it as good news for the US dollar. The US dollar index rebounded at a two-year low last night and returned to the level above 93. Once pushed down the price of gold to 1911 per ounce, and the weekly high and low level was close to 100 dollars! Finally, it closed at 1940.5 per ounce. For detailed analysis and operational suggestions, please CLICK the following link to join the group and check with the administrator https://t.me/joinchat/OEEaFRx9QcbOZE-aQzNSgg

2020-08-21

原以為已無限期押後的兩國貿易會議，有望重開。當被問及美國是否退出首階段中美貿易協議時，美國總統特朗普發言時比較溫和， 他說：「拭目以待」，並讚揚中方購買美國農產品的份額，一反平時打咀炮模式，為兩國會議上留下了空間。 雖然白宮幕僚長梅多斯早前表示無計劃重新安排會談，但美方貿易談判代表萊特希澤，仍與中方代表保持定期聯繫。 所以已有傳會議有機會在今個星期召開。而昨日中國商務部發言人高峰在北京被問及雙方是否會會面時稱，「雙方已商定將於近日舉行通話」。 但他並有提及確切日期，也沒有進一步做詳細說明將會討論的會議內容。 全球新型冠狀病毒累積感染人數接近2.278千萬人，確診死亡人數增超過79萬人。而美國昨日再有約3.7萬人確診新型肺炎， 累積感染個案逾5.7百萬宗繼續蟬聯全球最多感染病例國家。美國昨晚公布的兩項比較重要數據， 正正反映早前美國聯儲局7月政策會議紀錄中有官員對美國經濟前景的憂慮，紀錄顯示委員擔心美國經濟從疫情引發的經濟衰退中復甦充滿不確定性， 擔心商業活動重啟是否能改善企業盈利能力，而勞工市場依然疲弱；而昨晚公布的美國上週首度申領失業金人數為110.6萬人，重上1百萬以上人數， 而另一項數據為美國費城聯儲製造業指數，公布數字為17.2，比上月有所下跌，也比預估的21為差。而昨日歐央行亦公布其上月貨幣政策會議記錄， 會議討論到新冠疲情正在歐洲激增，經濟前景不穩定，但各國政府已加緊預防疫情全面爆發，認為不一定全數使用1.35億歐元作緊急抗疫計劃。 美國昨晚公布的兩項經濟數據皆不理想，不利美元走勢，但歐洲央行的言論又引來市場流動性問題，限制了美元跌幅。美元指數昨晚收報92.7。 金價經前天急瀉72美元後作反彈並得力於美元走弱，金價昨日升17美元或0.9%，最後報每盎司1947美元收市。   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/joinchat/OEEaFRx9QcbOZE-aQzNSgg  

2020-08-20

Yesterday, Hygaus hit Hong Kong, and typhoon signal No.9 was once hoisted at the Observatory. Usually, after a typhoon, there will always be a ruin, but this storm has blown away the optimistic atmosphere of the gold market. The price of gold plunged 72.4 US dollars or 3.6% yesterday, and finally reported 1929.6 US dollars per ounce, close to the lowest closing price of 1924.8 US dollars per ounce in the whole day. Try to analyze the reasons for this gold market adjustment. Let's start with the new COVID-19 epidemic. Although the novel coronavirus epidemic is still serious, there is no formal vaccine production to fight the virus. However, local governments have taken strict measures to control the spread of the virus. Take the United States as an example. The United States is the country with the most serious cumulative cases of novel coronavirus infection in the world, with more than 5.68 million people infected. However, data show that the number of single-day infections has dropped to the lowest level since the end of June. Bill de Blasio, the mayor of new york, which has the highest population density in the United States, said yesterday that the positive rate of novel coronavirus in new york dropped to the lowest level since the outbreak of the epidemic. After the positive reaction lasted for two months and was lower than 3%, This week, it dropped to a record 0.24%. Of the 64 hospitalized cases due to respiratory symptoms, only 6 were infected with novel coronavirus. It can be seen that the epidemic has really passed its peak. Second, the relationship between China and the United States is slightly dawning; First of all, the US Federal Bureau of Investigation said that China's improper handling of the epidemic was cited by local officials' corruption. This statement sounds reasonable, but does the Central Committee of the Communist Party of China have no responsibility at all? It's a matter of opinion, but in any case, it has prepared the next step for the supreme leaders of the two countries! On the other hand, the trade meeting between the two countries, which was originally thought to have been postponed indefinitely, is expected to reopen. When asked whether the United States withdrew from the first stage of China-US trade agreement, US President Trump replied, "We'll wait and see." Contrary to the usual mode of firing a gun, although White House chief of staff meadows said earlier that there was no plan to reschedule the talks, However, Wright Heze, the US trade negotiator, still keeps regular contact with Chinese representatives. It is rumored that the meeting will be held this week. Finally, regarding the economic factors in the United States, last night, the Federal Reserve Board released the minutes of its policy meeting in July. Records show that members are worried that the recovery of the US economy from the recession caused by the epidemic is full of uncertainties, and whether the resumption of business activities can improve the profitability of enterprises, while the labor market is still weak, etc. It urged the Federal Reserve to implement large-scale stimulus measures for a longer period of time and unanimously agreed to maintain the short-term interest rate target at 0-0.25%. Although all experts have expected the interest rate and its policy to remain unchanged, the market still regards it as good news for the US dollar. Last night, the US dollar index rebounded at a two-year low and returned to 93. For detailed analysis and operational suggestions, please CLICK the following link to join the group and check with the administrator https://t.me/joinchat/OEEaFRx9QcbOZE-aQzNSgg

2020-08-19

颱風「海高斯」襲港，香港天文台一度掛起九號烈風或暴風風力增強信號，相信今早大部份香港人可留在家中暫避風頭，確保人身安全。 但中美關係急劇惡化的暴風，我們是躲避不了的，因香港正正處身於這個暴風的風眼之中。中國副總理劉鶴原定在上星期六在與美國貿易代表萊特希澤， 舉行視像會議，檢視中美第一階段貿易協議的執行狀況，而中方亦於會議開始前兩天大量購入美國農產品，以表誠意，而白宮經濟顧問庫德洛表示， 滿意中方採購進度。但會議因程序問題而未能展開，亦未有宣佈復會日期。中美交惡，貿易因牽涉兩國之間經濟利益關係，可說是中美雙方唯一可正常溝通的渠道， 現今貿易會議無限期押後，兩國關係更是雪上加霜。美國總統特朗普則表示，這只表示中方希望取悅他的表面行為，而中國內心仍是希望他的競選對手拜登能勝出總統選舉。 今早特朗普在接受新聞媒體訪問時，透露是他主動取消了上周末與中國的貿易會談。提到處理美國新冠疫情時，特朗普更將矛頭指向中國， 表示：「中國對全世界的所作所為讓人難以置信。」   而全球新型冠狀病毒累積感染人數接近2.225千萬人，確診死亡人數增超過78萬人。而美國昨日再有約3.7萬人確診新型肺炎， 累積感染個案逾5.64百萬宗繼續蟬聯全球最多感染病例國家，特朗普之所以惱怒，亦並非無的放矢的；這個首在中國爆發的病毒，傷害了無數美國人的健康生命， 亦打擊了美國當前經濟，曾一度造成了美國大蕭條以來的最大的經濟倒退。國際貨幣基金組織出報告，指美元作為全球儲備貨幣的主導地位， 市場對美國國債需求維持強勁。尤其是在疫情爆發初期，美元擔當了避險角色，美元指數在今年3月曾升至102的高位，被嚴重高估，美元連續5日下跌， 元指數跌至逾兩年低位，昨日曾跌至92.13，以92.33收市。美元持續弱勢加上有「股神」巴菲特購入全球最大的金礦股的消息，金價昨日做好，重返2千美元水平， 最高見每盎司2016美元，最後收市報每盎司2002美元，升了17美元或0.8%。   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/joinchat/OEEaFRx9QcbOZE-aQzNSgg  

2020-08-18

The cumulative number of infected people in novel coronavirus is close to 21.98 million, and the number of confirmed deaths has increased by more than 776,000. In the United States, about 34,000 people were diagnosed with new pneumonia yesterday. The cumulative number of infected cases exceeded 5.6 million, and it continued to be the country with the largest number of infected cases in the world. Last night, the United States released the index of the overall business situation of the Federal Reserve Bank of new york, which greatly deviated from the forecast of economists. According to the survey, the median budget is 15, while the reported figure has dropped from 17.2 last month to 3.7, and the expansion speed is obviously lower than expected, indicating that novel coronavirus continues to block the economic recovery momentum. Although the novel coronavirus epidemic is still serious, there is no formal vaccine production to fight the virus. However, because local governments have taken strict measures to control the spread of the virus, the epidemic situation can be said to have passed the peak period. However, the role of the dollar refuge has gradually declined, and some fund managers have played down the dollar exchange rate. This is the first time in nearly three years that a fund manager has played down the dollar. Earlier, the International Monetary Fund (IMF) published a report, pointing out that due to the impact of the pneumonia epidemic in COVID-19, the central banks of various countries continued to make quantitative easing to stimulate the economy, which aggravated the fluctuations in the currency and financial markets. Coupled with trade tensions, the balance sheets of many economies have reached historical highs. The IMF also pointed out that the US dollar was overvalued by 8% to 14% last year due to the high fiscal deficit of the United States. I am glad to see the recent depreciation of the US dollar to some extent. The report also mentioned that considering the dominant position of the US dollar as the global reserve currency, it is believed that the market demand for US Treasury bonds will remain strong. The US dollar index rose to a high of 102 in March this year, and then fell back and forth. It fell below 93 yesterday and closed at the lowest level of 92.8 yesterday. Warren Buffett has made new moves. He spent $560 million through its flagship investment company, Ba County, to buy BarrickGold, which is listed on the New York Stock Exchange under the code name "GOLD". We should know that Buffett has always been a value investor. He thinks that gold can't charge any interest, has no double growth effect, and has to pay storage fees and insurance premiums, which eats into the interests of the company, so it is not attractive at all. However, this time we switched to buy the world's largest gold mining stock, although we did not invest directly in gold, but we bought shares when BarrickGold did not report that we had found a new mining source, obviously seeing the potential of gold appreciation. Coupled with the Federal Reserve's unlimited quantitative and loose printing of silver paper, and the US government's continuous issuance of bonds to relieve the people's hardship, the US dollar continues to be weak, and Buffett can't watch the $130 billion in cash held by Ba County continue to depreciate. Although the investment amount of Warren is only a small amount, it can be said to be of great significance. With the continued weakness of the US dollar and the blessing of Warren Buffett, the price of gold did well yesterday, and finally closed at 1985 US dollars per ounce, up 40 US dollars or 2%. For detailed analysis and operational suggestions, please CLICK the following link to join the group and check with the administrator https://t.me/joinchat/OEEaFRx9QcbOZE-aQzNSgg

2020-08-17

上週俄羅斯研發的新冠疫苗已穫俄國衛生部通過，並命名為「衛星五號」，俄羅斯總理普京的女兒亦已接種該疫苗。 雖然俄羅斯是首個公布將研發新冠疫苗正式投產的國家，但世衛還未認可該疫苗，因俄羅斯並未公開第三階段臨牀試驗的研究報告， 敦促俄羅斯在研製新型冠狀病毒疫苗時要遵從國際社會的指引。全球新型冠狀病毒累積感染人數接近2.178千萬人，確診死亡人數超過77萬人。 而美國昨日再有約3.04萬人確診新型肺炎，累積感染個案逾5.56百萬宗繼續蟬聯全球最多感染病例國家。受新型冠狀病毒困擾，美國消費者支出依然疲弱； 上星期公布的美國核心消費價格指數上升0.6%，雖然這比預期上升0.2%增幅好，但美國平均時薪卻減少了5%，而實際個人收入亦減少了0.6%， 加上失業人數持續高企不下，上週首度申領失業金人數為96.3萬人，是3月14日以來首次跌破1百萬人，顯示經濟略為好轉， 但4星期平均申領失業金人數仍然超過1.25百萬人，預計美國勞工就業市場要在疫情得以控制才可改善。 原定8月5日公布的美國第二輪疫情紓困方案陷入僵局，媒體報導因民主黨的推銷3萬億美元份額與白宮及共和黨的數字差距太大， 在上週經多次會議後仍未能達成共識，美國總統特朗普將行使總統權力，去為救疫下達行政命令通過某部分方案。而市場亦憂慮兩黨會將精力集中於新一屆總統選舉， 第二輪疫情紓困方案可能會再度延遲。由於涉及新資金數字龐大，投資者缺乏耐性及迴避時間風險，美元匯價在無新刺激方案而下跌。 全球最大黃金交易所買賣基金─SPDRETF，上前週五錄得3.82億美元的資金流出，為本年三月以來最大流出，證明有大戶偷步獲利， 加上俄羅斯研發的新冠疫苗「衛星五號」的消息，金價在上週二暴跌，最大跌幅曾見每盎司損失了126美元，低見每盎司1863美元！隨着美元走弱，金價作技術性反彈， 並在1930至1960美元之間大幅波動，最後上星期收市報每盎司1944美元，整週計算仍下跌了91美元或4.5%。   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/joinchat/OEEaFRx9QcbOZE-aQzNSgg  

2020-08-14

US President Trump announced at the White House yesterday that Israel and the United Arab Emirates reached a historic peace agreement and agreed to normalize relations after a three-way call. According to the agreement, Israel will suspend plans to annex parts of the West Bank. This news can be regarded as Trump's foreign policy of wooing the Middle East, which not only contributes to his re-election project, It also enlarges its territory in the policy of containing China. On the other hand, U.S. Secretary of State Pompeo, who visited the Czech Republic earlier, arrived in Slovenia nonstop, calling for not adopting Huawei's 5G network construction. It also signed a joint statement with Slovenian officials on "5G Clean Network Security" to exclude untrustworthy telecom operators. Pompeo called on free countries to unite against the threat of authoritarianism, Call on European countries to unite against the Communist Party of China. During his earlier visit to the Czech Republic, Pompeo said that China's global economic strength was more difficult to cope with than that of the Soviet Union during the Cold War, and called on European countries to unite against the Chinese Communist Party. Pompeo's speech was welcomed by Czech congressmen attending the party. The objective of Pompeo's visit to Europe is obvious, that is, to alienate China from small European countries, such as the Czech Republic or Slovenia, which have a Communist background and are receiving a large amount of Chinese economic investment, so as to reduce China's influence on EU members. China's diplomacy criticized Pompeo for wasting time, accused Pompeo of boasting, and said that the international community would not buy it, and that the American plot would not succeed. In fact, since the implementation of the Hong Kong Autonomy Law by the United States, China has not only voiced obvious condemnation, In dealing with the US side, we have been patient for many times. In many cases, even if there are counter-measures, they are not specific or ambiguous measures, which are relatively weak. Unlike the United States, which actively delisted Hong Kong manufacturing earlier, But this sanction has increased Hong Kong's sense of superiority; Our exports are made in China, which is a great honor for Hong Kong people! Last night, the United States announced that the number of people applying for unemployment benefits for the first time last week was 963,000, which was the first time since March 14 that it fell below 1 million, indicating that the economy has slightly improved, but the average number of people applying for unemployment benefits in four weeks still exceeded 1.25 million. It is expected that the improvement of the American labor market will be achieved only when the epidemic situation is controlled. However, the second round of epidemic relief measures in the United States can't wait, but the meeting is deadlocked and we can't make further progress. The dollar fell without a new stimulus package, The gold price rebounded yesterday, reappearing its upward trend, reaching a peak of $1,965 per ounce and closing at $1,953 per ounce, up $37. For detailed analysis and operational suggestions, please CLICK the following link to join the group and check with the administrator https://t.me/joinchat/OEEaFRx9QcbOZE-aQzNSgg

2020-08-13

The COVID-19 vaccine developed by Russia has been approved by the Russian Ministry of Health and named "Satellite No.5". The daughter of Russian Prime Minister Putin who has been vaccinated with the vaccine said that she feels good. Putin also said that he knew that the vaccine developed in Russia was "quite effective". Although Russia is the first country to announce that it will officially put into production the COVID-19 vaccine, it should be noted that, WHO has not recognized this vaccine as one of the vaccines in the third phase of clinical trials, and urged Russia to follow the guidelines of the international community when developing novel coronavirus vaccine. However, some experts said that the speed of vaccine development in Russia is worrying, saying that the research of new vaccines requires a large number of human tests. It was less than two months after Russia announced that it had completed the early testing stage and put into production. It means that Russian researchers may be taking paths and shortcuts. US Health Secretary Aza, who visited Taiwan earlier, also said that Moscow did not have public test data. Doubts about the safety of the vaccine were expressed, and it was emphasized that the development of COVID-19 vaccine should take into account the safety of vaccinators, not to compete for the title of the first place. The cumulative number of infected people in novel coronavirus is close to 207.5 million, and the number of confirmed deaths has increased by more than 750,000. In the United States, about 46,000 people were diagnosed with new pneumonia yesterday. The cumulative number of infected cases exceeded 5.35 million, and it continued to be the country with the largest number of infected cases in the world. Troubled by novel coronavirus, some Federal Reserve Bank officials said that US consumer spending is still weak; Last night, the core consumer price index of the United States rose by 0.6%. Although this is better than the expected increase of 0.2%, the average hourly wage in the United States has decreased by 5%, and the actual personal income has also decreased by 0.6%. Coupled with the persistently high unemployment rate, these reasons are exactly what the Federal Reserve Bank official pointed out. The United States will also announce the number of people who applied for unemployment benefits for the first time last week tonight. The market forecast is 1.12 million. It seems that the second round of epidemic relief measures in the United States can't wait. Unfortunately, the Republican Party and the Democratic Party in the United States still can't reach a consensus on a new round of aid programs at this stage. Gold rebounded yesterday after plunging the day before yesterday, closing at $1916 per ounce, up $4. Yesterday, the price of gold fluctuated greatly. It took the previous day's decline in the early stage, and fell to 1863 US dollars per ounce, and then rebounded strongly. The highest price approached $1,950 per ounce, and the fluctuation reached $87. Unfortunately, the motivation was still insufficient, and we can learn from the past. Investors chose to make profits and push back the price of gold to the opening level again, which was only a technical rebound. For detailed analysis and operational suggestions, please CLICK the following link to join the group and check with the administrator https://t.me/joinchat/OEEaFRx9QcbOZE-aQzNSgg

2020-08-12

黃金昨日暴跌，最大跌幅曾見每盎司損失了126美元!金價在亞洲開市不久便開始下跌，至進入歐市前已跌穿2000美元，美市加大跌幅， 最低跌至每盎司1901美元，最後以每盎司2012美元報收市，下跌了115美元或5.7%。先從技術層面說，黃金大牛市，經過連續九個星期的上升， 最高峰時在8月7日所創的歷史高位每盎司2075美元，已預期會有調整，而走勢上更出現大型頭肩頂，引申一波又一波的跌浪，昨日保住1900水平， 不然會向下一支持位1880進發。再來分析這次牛市的出現。這次升市的遠因是是中美兩國的貿易戰而起，地緣政局緊張，投資者分散風險， 黃金是其中一項傳統投資選擇，而最終又因中美兩國關係持續惡化，成為金價上升的催化劑。而黃金大牛市另一因素是源於2019年出現的新型冠狀病毒在全球肆虐，   它不但侵害人類健康，全球已有累積感染人數超過2千萬人，確診死亡人數超過至少74.3萬人，更曾令全世界經濟幾乎停擺，各國央行無不施行低息政策甚至負利率去舒緩企業借貸成本， 而各國政府亦為刺激經濟而加大量化寬鬆，不斷印銀紙去加大流通性，造成了大量資金進入投資市場，在企業盈利未有保證前，黃金便成為投資者的避險工具， 在近月更多次創歷史新高。但有云飄風不終朝，金價始終要向下調整的，只是大部份投資者沒有預計這跌得不急，卻單日下跌超過126美元如此大的幅度！ 回來說這次跌市，據媒體報導全球最大黃金交易所買賣基金─SPDRETF，該基金在上週五錄得3.82億美元的資金淨流出，為本年三月以來最大流出，原來早有大戶偷步獲利。 加上市場傳出俄羅斯研發的新冠疫苗已穫衛生部通過，俄羅斯總理普京的女兒已然接種。若消息屬實，這意味新型冠狀病毒已不再是威脅，金價頓時失去一項有利支撐，下跌也是必然。   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/joinchat/OEEaFRx9QcbOZE-aQzNSgg  

2020-08-11

Sino-U.S. relations are bad. According to the Hong Kong Autonomy Law signed by US President Trump, the U.S. Treasury Department announced sanctions against 11 Chinese and Hong Kong officials last Friday, including Hong Kong Chief Executive Carrie Lam. The bill came into effect immediately, prohibiting named officials from entering the United States and freezing their assets in the United States. What's more, the bill also restricts all financial institutions from doing business with people on the list. Many officials on the sanctions list said they were not afraid of sanctions. Earlier, the Hong Kong Monetary Authority also issued a statement to its supervised institutions in response to the US sanctions plan, saying that foreign governments unilaterally imposed sanctions, It is not part of the international targeted financial sanctions system adopted by the United Nations and has no legal effect in Hong Kong. However, it is the bank itself that opens the door to do business. If it really ignores the sanctions scheme, it will eventually be implicated and punished by the United States. Being fined or even stopping the bank's business in the United States will not set fire to itself. The most paradoxical thing is that if banks in Hong Kong follow the direction targeted by the United States and cooperate with sanctions against these people, they may be suspected of treason and may violate the national security law. By then, the property will be confiscated, and the loss may be more serious. Banks can be said to be pigs looking in the mirror now, not people inside and outside! But perhaps this is exactly what the United States is trying to do, opening up psychological warfare before the financial war. However, it has been reported that American-funded banks in Hong Kong are taking measures to actively contact some sanctioned persons in the hope that the other party can actively close their bank accounts. There are also Chinese banks that are studying the risks they will face and their own affordability. Looking at the enterprise laws and regulations, we are also seeking legal advice and evaluating the measures that need to be taken, which shows that they will not completely ignore sanctions. China imposed the same sanctions against the US sanctions plan yesterday. The announced sanctions include 11 American people, including Senator Lu Biao and Cruz, in retaliation for the US sanctions against Beijing and Hong Kong officials for safeguarding national security. However, the Chinese Foreign Ministry did not mention any specific form to sanction the 11 Americans. Interestingly, Lu Biao and Cruz were named and sanctioned by the Chinese side for the second time within one month, and the first time was due to Xinjiang Autonomy. US Health Secretary Aza led a delegation to visit Taiwan for three days since yesterday. Since 1979, the highest-ranking US official has visited Taiwan. Although Aza was interviewed before leaving, stressing that the purpose of this trip is only related to public health issues, this high-style move is often mentioned in China under the principle of adhering to the one-China principle. It is tantamount to provoking a dispute, and China is naturally angry and protesting. Yesterday, investors still focused on the development of the US fiscal stimulus plan, but it was expected to pass. Optimism pushed up the US dollar, and the gold price dropped by US$ 8 to close at US$ 2,027 per ounce. It is expected that gold has entered an adjustment period. For detailed analysis and operational suggestions, please CLICK the following link to join the group and check with the administrator https://t.me/joinchat/OEEaFRx9QcbOZE-aQzNSgg

2020-08-10

The second round of American epidemic relief plan, which was originally announced on August 5, was deadlocked. The media reported that the Democratic Party's sales of $3 trillion was too far behind the figures of the White House and the Republican Party. Last Friday, a consensus was reached, and US President Trump threatened to exercise his presidential power to issue an executive order to pass the plan for the rescue of the epidemic. Before that, U.S. Treasury Secretary Mitch warned lawmakers, If the three parties failed to reach an agreement last Friday, the second round of epidemic relief plan will be pulled down. It is estimated that this plan will eventually be passed, because the demands of the people obviously put pressure on members of both parties. Due to the huge number of new funds involved, it is expected that the market will pay close attention to the development of this scheme this week. The cumulative number of infected people in novel coronavirus is close to 19,800, and the number of confirmed deaths has increased to over 729,000. The United States has accumulated more than 5.14 million infections yesterday, and continues to be the country with the most infections in the world. Sino-US relations continued to deteriorate, and the United States opened a new front. US Secretary of State Pompeo put forward the "clean network" action. In response to Chinese telecom companies and Chinese-funded programs, the other party stopped obtaining personal data and monitoring of American citizens through programs, and even once again named and accused Chinese-funded programs TikTok and WeChat. US President Trang even issued an executive order to complete the removal of the two programs within 45 days. TikTok has sought to sell in the United States, and WeChat may hit even harder. In fact, WeChat is not only social media. Penguin applet has become a part of the life of most overseas Chinese, and WeChat payment is a software that once threatened the payment system of traditional banks. In an age when network information is so developed, the harm caused by American network strategy, More powerful than sending troops to lock the country. According to the Hong Kong Autonomy Law signed by US President Trump in mid-July, the US Treasury Department announced sanctions against 11 Chinese and Hong Kong officials last Friday, including Hong Kong Chief Executive Carrie Lam. Pompeo even said that sanctions against Hong Kong will come one after another. Recently, Trump mentioned Hong Kong's financial market many times, which obviously kicked off the financial war. Many officials on the sanctions list said they were not afraid of sanctions, even denounced the US position and threatened to support the motherland's counter-measures against the United States. Thanks to the geopolitical warming and the threat of epidemic, the US dollar index hovered at a low level. Gold price continued last week? ? Rose to a record high of $2,075.3 per ounce last Friday, although the US market closed down to $2,035 per ounce. The price of gold has risen for nine consecutive weeks, and the bull market has not retreated. It is now entering an adjustment period, and it may still reach a new high after consolidation. For detailed analysis and operational suggestions, please CLICK the following link to join the group and check with the administrator https://t.me/joinchat/OEEaFRx9QcbOZE-aQzNSgg

2020-08-07

Sino-US relations continue to deteriorate, and bilateral relations are gradually breaking off. From the very beginning of the trade war, there is still room for bargaining between the two countries because of their economic interests; As for the Hong Kong version of the National Security Law, both sides began to take a tough stance, and China and the United States did not lose time to scold the war, trying to win over international public opinion and stop each other's legislative actions. But in the end, two such important bills were passed by the legislatures of both countries. Later, US President Trump officially signed the Hong Kong Autonomy Act and an executive order in mid-July, which removed Hong Kong's preferential treatment and triggered the nerves of the Chinese Communist Party. The competition between China and the United States has been in vain and intensified. China also tried to show its military strength in the South China Sea and showed its mentality of not fearing war. The United States immediately sent an aircraft carrier to perform a joint military performance with the Philippines. Later, the United States frequently ordered China to close its embassy in Houston. China also immediately asked the United States to close the US embassy in Chengdu; The two sides are in a tit-for-tat manner, giving way to each other, and trying to defeat their opponents until the other side's head of government declares itself. Yesterday, the United States opened a new front. U.S. Secretary of State Pompeo put forward the "Clean Network" action, saying that Chinese telecommunications companies were unreliable and would pose a threat to the national security of the United States, and announced that they would revoke the operating licenses of four Chinese telecommunications companies in the United States. Make it unable to connect with American telecommunication network; He also once again named and accused the Chinese programs TikTok and WeChat of harming the personal data of American citizens, and asked American mobile application stores to remove the untrusted mobile applications in China. To protect the data of Americans and enterprises from censorship and monitoring by the Chinese Communist Party. Pompeo said that the State Council will cooperate with the Ministry of Commerce and other departments to restrict Chinese cloud service providers in the United States from collecting, storing and processing sensitive data. The United States also indicated that it is ensuring that the Communist Party of China cannot influence the data transmission of submarine optical fiber cables. In the era when network information is so developed, the harm caused by this digital network strategy of the United States is more powerful than sending troops to lock the country. I wonder if there are any counter-measures in the motherland besides criticizing others. The cumulative number of infected people in novel coronavirus is close to 19,200, and the number of confirmed deaths has increased to over 716,000. The United States has accumulated more than 5 million infections yesterday, and continues to be the country with the most infections in the world. Last night, it was announced that the number of Americans who applied for unemployment benefits for the first time last week was 1.168 million, which was better than the market expectation of 1.415 million. However, the favorable economic data is not as good as the threat of geopolitical warming and epidemic, and the US dollar index continues to hover at a low level. Gold price continues? ? Up, and hit a record high of $2069.8 per ounce. As we said yesterday, reaching new heights has become the new normal, and the only difference is time. Yesterday's price closed at $2063 per ounce, up $25. Gold investors should pay attention to the non-farm payrolls of last month to be announced in the United States tonight. Yesterday's price closed at $2038 per ounce, up $19. For detailed analysis and operational suggestions, please CLICK the following link to join the group and check with the administrator https://t.me/joinchat/OEEaFRx9QcbOZE-aQzNSgg

2020-08-06

全球新型冠狀病毒累積感染人數接近1.9千萬人，確診死亡人數增超過至70.9萬人。而美國昨日再有約5萬人確診新型肺炎， 累積感染個案逾4.96百萬宗繼續蟬聯全球最多感染病例國家。 被批評抗疫不力的美國總統特朗普，仍然努力淡化當地疫情，為總統選舉工程而漂白自己。他接受新聞媒體訪問時表示美國疫情正在退卻， 重申要求學校為復課而努力，並聲稱兒童對新型冠狀病毒幾乎免疫！他又建議較年長老師在疫情過後才回校上班， 這與香港要求學校復課但不能面授有異曲同功之妙！無視數據，厚着臉，睜大眼說大話的政治人物彼彼皆是，不分本土外國！   回說昨晚公布的美國多項數據，各項數據表現參差。美國上月非農業就業人數變化預計為增加1.5百萬，實際公布數字僅增加0.167百萬個職位， 遠差於市場預期。而美國供應管理協會非製造業採購經理人指數則比6月多1點升至58.1點。 最後美國上週原油庫存減少7.37百萬桶，大幅低於市場預計的減少3百萬桶。數據顯示企業及勞工市場仍受疫情困擾，但美國人可能已將新型病毒疫情當作新常態， 加上預期有第二輪疫情紓困措施，以美國人先使未來錢的性格，迅速回復個人消費及消閑活動，促進了服務業人手及原油需求。 但原定昨日公布的美國第二輪疫情紓困方案陷入僵局，媒體報導因民主黨的推銷3萬億美元份額與白宮及共和黨的數字差距太大，未能達成共識， 需要更多時間遊說及討論。有傳美國財長姆欽警告議員，如三方在本週五未能取得協議，第二輪疫情紓困方案將會拉倒。估計這個方案最終會獲得通過， 因國民的要求明顯給與兩黨議員壓力。上周美國原油庫存大幅減少740萬桶，刺激油價上升，紐約期油昨日升1.2%，收市報每桶42.19美元。 因預期國會將擴大發債規模去刺激美國經濟，加上昨日美國數據表現參差，美元指數曾迫近兩年低位的92.5。金價繼續颷升，又創歷史新高的每盎司2055.9美元。 再創新高已成新常態，差的只是時間。昨日價收報每盎司2038美元，升19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/joinchat/OEEaFRx9QcbOZE-aQzNSgg  

2020-08-05

First, follow up the acquisition of TikTok. US President Trang asked TikTok to complete the equity transfer with American companies before September 15, but he showed his true nature as a madman. Refers to most of the transaction amount, which should be transferred to the US Treasury. Dangdang's speech by a country's president is really confusing! The Chinese Foreign Ministry criticized that the United States used "unwarranted" charges to suppress Chinese enterprises. Warn the US not to take advantage of political manipulation, or you will suffer the consequences. New viruses continue to wreak havoc around the world. As of yesterday, the cumulative number of infected people in novel coronavirus exceeded 186.5 million. The number of confirmed deaths increased to over 702,000. The United States continues to be the country with the most infections in the world with 4.9 million cumulative infections. The U.S. Treasury Department will announce the scale of treasury bond bidding in the next three months later today. However, it still needs the Democratic Party and Republican Party of the United States to narrow their differences and reach a consensus on the second round of epidemic relief plan. However, it is estimated that this plan will be passed, because the demands of the people obviously put pressure on members of both parties, which is attributed to the real democratic election system. There are indications that the scale of issuing bonds this time will break the record again. To make up for the current deficit of each federal government in the United States. On Monday, the Ministry of Finance said that it expects to issue bonds of up to 947 billion US dollars from July to September, which is 270 billion US dollars more than the expected scale in May. The market expects that the bond issuance in August will hit a historical record of 108 billion US dollars. Due to the flooding of the market, the yield of five-year treasury bonds in the United States fell to 0.2%, the lowest ever recorded. The US dollar index fell below 93.5 level again yesterday, with the lowest drop to 93.26, due to the expectation that Congress will expand the scale of issuing bonds and abundant market funds. Gold price broke the record high again last night! Up to $2,020 per ounce, With the epidemic plaguing the economies of various countries, while the central banks of various countries maintained low interest rates, they loosened monetary policies in a large amount, and the political situation between China and the United States was tense, which created a wave of record-breaking events of gold prices this year. Yesterday, it closed at $2019 per ounce, up sharply by $43! It is expected that it will continue to hit a record high in the short term. For detailed analysis and operational suggestions, please CLICK the following link to join the group and check with the administrator https://t.me/joinchat/OEEaFRx9QcbOZE-aQzNSgg

2020-08-04

  Global new viruses continue to wreak havoc. As of yesterday, the cumulative number of infected people in novel coronavirus exceeded 18.38 million, and the number of confirmed deaths increased to over 692,000. The United States continues to be the country with the largest number of infections in the world with 4.85 million cumulative infections. American President Trang, who originally intended to block TikTok, an overseas version of Chinese social media "Vibrato", once again showed his erratic character. Ben threatened to take TikTok off the shelves in the United States this Saturday as soon as possible, but yesterday he changed his tune and said TikTok would be driven out of the American market unless TikTok could sell its business in the United States before September 15. And it is best to sell to American buyers. It is said that TikTok's parent company "Beijing ByteDance" intends to sell TikTok's business in America to Microsoft. Experts estimate that Trump's remarks will contribute to this single acquisition. It's lucky that "Beijing ByteDance" got away with it! Microsoft's share price rose by 5.6% yesterday, reflecting Microsoft's bargain hunting. Once again, the market reported that Chinese science and technology network enterprises would be sanctioned by the United States. I don't know if it's relevant. Zoom, a new online conference founded by Yuan Zheng, a Chinese, announced earlier that it would stop providing services directly to Chinese users. The effective date is August 23rd. Zoom was criticized for leaking customer information and meeting content to China because it was found that the software had a back door and had mistakenly transmitted the information in the data operation center in China. Another potential target is wechat, because wechat is a branch network enterprise once criticized by US Secretary of State Pompeo. If WeChat is really banned from being used in America, the blow will be fatal! In fact, WeChat is not only a social media, but Penguin applet has become a part of the life of most Chinese, and WeChat payment is a software that once threatened the payment system of traditional banks. It seems that no matter whether China is strong or prosperous, Is strong (barely), the road ahead is definitely a rugged and full of thorns. Yesterday, many countries published the PMI of manufacturing industry, and all the relevant data were at the expansion level above 50 points, which showed that even under the threat of novel coronavirus, all countries had taken the epidemic as the new normal to re-enter economic activities. As PMI improved, the US dollar index rebounded from the low level and returned to the 93-point level. Yesterday morning, the price of gold broke the record high of $1986.8 per ounce, but was squeezed by the strength of the US dollar and fell. The price of gold closed at $1976 per ounce. For detailed analysis and operational suggestions, please CLICK the following link to join the group and check with the administrator https://t.me/joinchat/OEEaFRx9QcbOZE-aQzNSgg

2020-08-03

Global new viruses continue to wreak havoc. In the past week, the cumulative number of infected people in novel coronavirus exceeded 18,200, and the number of confirmed deaths increased to over 692,000. The United States continues to be the country with the most infections in the world with 4.8 million cumulative infections. Members of the White House Anti-epidemic Team even described the local epidemic situation in the United States as getting out of control. After the successful launch of novel coronavirus vaccine in Britain and America, it is said that Russia has also developed a vaccine and wants to launch it as early as August. The tearing between China and the United States has become a turning point, until one side obeys. In addition to uniting with the five-eyed alliance countries to monitor China's every move, the United States and China have not budged in military affairs. Last week, First, the Chinese People's Liberation Army announced that it would start live-fire exercises in the waters west of Leizhou Peninsula for two weeks. Australia, one of the five-eyed alliance countries, opposed China's claim of sovereignty over the South China Sea by means of nine-dash line, and sent an aircraft carrier to cruise in the South China Sea. Recently, the United States also wooed Japan as the sixth eye, and reiterated that the Diaoyutai Islands belong to Japanese waters. After Huawei, more countries began to join the ranks of blocking the overseas version of TikTok, a Chinese social media. TikTok's parent company "Beijing ByteDance" originally intended to sell TikTok's business in the United States to Microsoft, but it was said that Microsoft had shelved the acquisition because US President Trump threatened to remove TikTok from the United States as soon as possible this Saturday. Last week, the Federal Reserve announced the results of interest rate decision, and decided that the target range of the federal funds rate should be maintained at 0-0.25%, which was in line with market expectations. The Federal Reserve pointed out that novel coronavirus caused disasters in the United States and around the world, The Federal Reserve promised to take all tools to support the American economy until it can recover from the blow of novel coronavirus. The Federal Reserve reiterated that the speed of economic recovery in the United States depends on disease control. In addition to the resources available to the Federal Reserve Board, it still depends on the health policy of the federal government. Last Friday, the United States announced the second quarter GDP, which was terrible, with a sharp decrease of 32.9% compared with the previous quarter, which was the worst quarterly performance in history. However, the number of initial jobless claims is still high, with the latest figure of 1.43 million, indicating that the US labor market is weak. The market expects the Federal Reserve to maintain low interest rates and quantitative easing policies, and the poor performance of US economic data. The US dollar index continued to be weak last week, with the worst drop to 92.5 points and closing at 93.5. Due to abundant market funds, weak US dollar and tense geographical situation, the price of gold broke the record high twice last week. They are $1981.4 per ounce on Tuesday and $1983.1 per ounce on Friday. Gold price has been rising for eight consecutive weeks, and it is expected to peak again. For detailed analysis and operational suggestions, please CLICK the following link to join the group and check with the administrator https://t.me/joinchat/OEEaFRx9QcbOZE-aQzNSgg

2020-07-31

全球新型病毒持續肆虐，截止昨日為止，全球新型冠狀病毒累積感染人數突破1.74千萬人，確診死亡人數增超過至67萬人。 而美國以累積感染個案4.6百萬宗繼續蟬聯全球最多感染病例國家。 由於美國當地疫情失控，引發外界大量批評美國總統特朗普，指責他處理新型肺炎疫情失當及使經濟急速變差。 跟據民意調查，特朗普民望落大幅落後於他的競爭對手，代表民主黨出選總統的前副總統拜登。   特朗普昨日提出，因應疫情關係，將推遲原定今年11月的總統大選。 但輿論認為，向來要面子的特朗普無法接受連任失敗，為延遲大選尋找藉口，以時間換空間，期望民望逆轉。 但有報告指出，根據美國憲法，除非得到美國國會通過，否則總統及各州州長皆無權更改大選日期。   無獨有偶，香港亦傳出香港特區政府考慮市民出席投票活動時帶來的健康風險，考慮延遲今年九月的立法會選舉， 但香港預計能順利執行，因政府可以透過中央對基本法作出有關選舉解釋。 但有本地聲音說，政府擔心立法會選舉會像早前區議員選舉一樣兵敗如山倒，才找藉口延期； 但這只是市民過慮，君不見有太多不合符資格的報名人士參選嗎？ 但香港政局趨勢會否換來美國的更大的關注，這有待商榷； 美國早前已透過《香港自治法案》去除香港的優惠待遇，是次立法會選舉安排會否加快或加重美方的制裁，並再次加深中美雙方的芥蒂？ 要知中美角力已成全球經濟兩大最不穩定的因素其中之一，另一因素最是新型冠狀病毒大流行。   美國昨晚公布第二季國內生產總值，數據慘不忍睹，比上季大幅減值32.9%，略為好過預期的減值34.1%。 而初次申領失業金人數為143萬，比市場預期的145萬為少，但數字仍然高企，明顯表現美國勞工市場疲弱不堪。 受不利數據影響，道瓊斯指數跌225點，收市報26,313點。 美元疲弱，美元指數昨日曾跌至92.9低位，黃金先升後回， 金價一早攀至1,971美元旋即回落，最低見1,939美元，最後以每盎司1,956美元收市，跌15美元。 結束了連續第九個交易日上升的記錄。 美國昨晚公布第二季國內生產總值創為大蕭條以來最差記錄，原油價格下跌，紐約期油跌1美元，收市報每桶40.3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/joinchat/OEEaFRx9QcbOZE-aQzNSgg

2020-07-30

全球新型病毒持續肆虐，截止昨日為止，全球新型冠狀病毒累積感染人數突破1.68千萬人，確診死亡人數增超過至66萬人。 而美國以累積感染個案4.5百萬宗繼續蟬聯全球最多感染病例國家。繼英美將成功推出新型冠狀病毒疫苗後，傳俄羅斯亦研發出疫苗，並欲搶先在最早八月推出。 今日淩晨美國聯儲局公布議息結果，決定聯邦基金利率目標範圍維持在0至0.25厘，合乎市場預期。聯儲局指出新型冠狀病毒對美國和全世界各地造成了災難， 美國經濟在三月急劇下跌後，近期就業人數及經濟活動已有所改善，但仍遠低於年初水平，聯儲局承諾將會採取所有工具支持美國經濟，直至美國經濟能從新型冠狀病毒的打擊中復甦。   聯儲局重申，美國經濟復甦的速度取決於病情的控制，除了聯儲局所能獲得的資源外，這仍有賴聯邦政府的衛生政策。議息結果溫和，美股繼續受到支持。 道瓊斯指數收市報26539點，升160點。聯儲局重申維持低息及將會採取所有工具支持美國經濟，市場預期未來數年將繼續推行量化寬鬆政策，不利美元。 美元指數昨日最低曾見93.2點。美元疲弱，黃金受益，金價曾一度迫近1981美元的紀錄高位，但又被力壓至最低1941美元，最後以每盎司1,971美元收市，升12美元。 已是連續第九個交易日上升!美國能源資料署昨晚公布原油庫存量，上周原油庫存大幅減少1.06百萬桶，市場預估的增長40萬桶好，並打破自2019年12月以來最大減幅。 數據顯示原油需求有所改善，紐約期油上升23美仙，收市報每桶41.27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/joinchat/OEEaFRx9QcbOZE-aQzNSgg  

2020-07-29

Global new viruses continue to wreak havoc. As of yesterday, the cumulative number of infected people in novel coronavirus exceeded 16,600, and the number of confirmed deaths increased to over 655,000. The United States continues to be the country with the largest number of infections in the world with 4.43 million cumulative infections. Last night, the US announced that the Consumer Confidence Index of the Consultative Conference was 92.6, which was worse than the market expectation of 94.5. It shows that consumers are pessimistic about the economic prospects and tend to reduce spending, while 50% of US GDP comes from local consumption. If the situation continues, it will hit the income of enterprises, and enterprises will cut spending or lay off employees. As a result, it will be more difficult for the economic recovery to become a vicious economic whirlpool. Affected by the data and the uneven performance of American companies that announced their results yesterday, the Dow Jones index fell 194 points to close at 26,389 points. Shanghai and Shenzhen stock markets closed up yesterday, up 0.7% and 1.3% respectively. President Xi Jinping delivered an online speech at the annual meeting of the AIIB Council yesterday, saying that China will strive to implement and support multilateralism. With an open and win-win attitude, we continue to promote "de-economic integration" with AIIB member countries, and seek cooperation with more partners, so as to make globalization more inclusive and develop in a mutually beneficial and balanced direction. He also called on all countries to face the new pneumonia epidemic, and the whole world should work together to fight the epidemic, put aside the contradictions brought about by economic globalization, and promote active cooperation and mutual support with a more inclusive and effective multilateral mechanism. Describe unity and cooperation as the "right way". However, the opposites between the Chinese and Western camps have been formed. To improve the relationship, one party must first release goodwill, otherwise the opponent will only feel that it is a mouthful of words, and the final result will still be that it is inevitable that the first world war will be won by all the winners. The price of gold soared wildly when it opened in the Asian market yesterday, reaching a record high of US$ 1,981.4 per ounce, but immediately after breaking the peak, it triggered a large number of long-term gold investors to take profits and pushed down the price of gold in one fell swoop. The lowest price is $1,907 per ounce, which is shocking, with fluctuation of $74. It finally closed at $1,958 per ounce. The geographical situation is tense and the number of confirmed cases of pneumonia in the United States is rising. Coupled with the weak consumer confidence index announced by the United States last night, the price of new york oil futures fell, closing at $41.1 per barrel, down 5 cents, or 1.3%. For detailed analysis and operational suggestions, please CLICK the following link to join the group and check with the administrator https://t.me/joinchat/OEEaFRx9QcbOZE-aQzNSgg

2020-07-28

Global new viruses continue to wreak havoc. In the past week, the cumulative number of infected people in novel coronavirus exceeded 16,600, and the number of confirmed deaths increased to over 655,000. The United States continues to be the country with the largest number of infections in the world with 4.43 million cumulative infections. The epidemic could not be stopped, and the number of people gathered in Hong Kong was reduced to two, and all restaurants were prohibited from eating at the same time. Since the requirements are so harsh, why didn't the Hong Kong Government directly declare the ban? Is lack of courage to bear? Or lack of vision? Or both? On the contrary, investors with long positions in gold will get generous returns with their eyes and guts! They have insight into the weather, geography and people, and have a cup when gold breaks through the historical high. (I) Timing: The outbreak of novel coronavirus has hit the world economy badly, and the performance of enterprises has been affected. When funds are reallocated, they flow into the gold market, which increases the demand. (B) Geography: China and the United States have had bad relations. Since the start of the trade war, they have changed from mutual benefit to mutual competition, and the relationship between the two sides has gone further and further. Until the United States used the Hong Kong Autonomy Law to accuse Beijing of forcing the implementation of the "National Security Law of the Port Area" in Hong Kong as a catalyst, China and the United States each asked each other to close their consulates in the two countries, and their relations fell to the freezing point since Nixon's visit to China in 1972. The political situation is unstable, and gold has once again become a safe-haven investment tool. (3) People's harmony: long-term low interest rates, unlimited easing policies of central banks of various countries, and weakness of the US dollar against currencies of various countries. The cost of holding gold has dropped, which has covered some shortcomings of gold not paying dividends. Due to the flood of funds in the market and the tense geographical situation, the US dollar index once fell to 93.5, and the gold price in the early Asian market hit a new high this year, breaking the record of US$ 1921.18 set in September 2011. The highest price was $1945.6 per ounce, and it closed at $1,942 per ounce. It is expected to break the peak again today. However, breaking the top may trigger a large number of long-term investors to close their positions. Profit taking will have the opportunity to push down the price of gold significantly. Moderna, an American pharmaceutical company, announced that the vaccine against novel coronavirus has entered the final trial stage, which is another unfavorable news for gold prices, and investors should pay attention to it. For detailed analysis and operational suggestions, please CLICK the following link to join the group and check with the administrator https://t.me/joinchat/OEEaFRx9QcbOZE-aQzNSgg