Odd cattle International gold will go up to the 1345-1350 area e2140

Odd cattle International: gold will go up to the 1345-1350 area Sina fund exposure platform: letter Phi lag behind false propaganda, the performance of long-term lower than similar products, how to buy funds pit? Click [I want to complain], Sina help you expose them! Because the United States that fall and gold overnight rebound in early trading today, the price of gold in dollars ounce running smoothly. Newcastle yesterday intraday, the U.S. data showed, PCE prices rose 0.8%, in line with expectations but worse than the previous value, consumer spending growth of 0.3% in line with expectations, but less than the previous value. American consumer spending monthly rate for four consecutive months of growth, suggests that domestic consumption will continue to promote economic growth in the second half of the United states. In addition, the overall performance of the PCE price index is better than expected, the Fed will raise interest rates to determine the decision to play a positive role in support, but because the data released are not beyond the previous value, this support will be limited. In addition, yesterday the federal agency, Heesen Larter said that this year the interest rate two times is possible, but basically does not occur; if the interest rate two times, then the economic data in the second half of the year will be a very strong payrolls data released on Friday will first be very eye-catching. Therefore, based on the Fed chairman and other officials hesitant position, if you really want to raise interest rates in the month, you need to meet the conditions of prudent and progressive rate hike, and its consultation. Thus, the Fed views on interest rate is still inconsistent, mixed economic data makes the Fed indecisive, Yellen said in a speech last week five, due to the uncertainty of the economic outlook, the Fed interest rate is very limited, the future interest rate floating range greatly. This reflects the Fed’s interest rate hike this year, there is still a lot of uncertainty. Due to the uncertainty of the Fed’s interest rate outlook, as well as the global economic recession risk sentiment has not subsided, the golden bull outlook unchanged. On the daily chart, gold is supported in after a slight rebound before the analysis mentioned in here for the 50% Fibonacci retracements, and 1310-1312 interval since three time without breaking off the European referendum, for strong support; in the short term, gold will be up to 23.6% retracement, also there are resistance above the triangle consolidation. Therefore, the price of gold is expected blocked upward to 1345-1350 interval, if the breakthrough in this area will open up space. Sina’s statement: sina.com.cn posted this article for more information to pass, does not mean that agree with their views or confirm the description. This article is for reference only and does not constitute investment advice. Investors operate accordingly, the risk of their own. Enter the Sina financial stocks] discussion相关的主题文章: