January 3 gold and silver prices and recommendations
Jan 03, 2012
Chinese New Year holiday market closed continuous
2, see 1565, with a stop three points, target 1600.
2, real-time quotes, real-time intraday given.
17:00 Germany unemployment rate in December, before the value of 6.9%; market impact ★
1, 1585 near the morning see to do short, stop three points, target 10 – 15 points.
do single specific proposal:
Japanese markets were closed on bank holidays
17:00 German unemployment change in December, before the value of -2 million
positions unchanged. Iran 10 days of naval exercises and blockade the Strait of Hormuz warning that uneasiness in the market, gold prices push. Investors desire to lead hedge-related buying, higher precious metals prices overnight. 2012 gold good start, January 2 to close out the one with the small Yang Xian, January 3 up again, but the market is still in holiday, trading was light. Relatively low gold and silver fell in a few days ago, when the news began to appear good gold and silver, gold and silver began to rebound from the lows, the current situation in Iran may escalate, this is an important gold and silver good news, because Iran in different in Iraq or Libya, Iran crude oil more and more powerful force. Continue to focus on the development of the current situation, in January 2012 2-6 week, global financial markets into the new year will focus on multi-country closed Monday and Tuesday, although trading was expected to list, but still concerned about the Federal Reserve on Wednesday minutes, and Friday U.S. December non-farm payrolls report. Although the market is expected thin trading, but investors will be focused on Beijing time on Wednesday (January 4) 03:00 Fed announced on 13 December monetary policy meeting minutes, materials will give the market a certain impact, and will for investors insight into the new year, the Federal Reserve monetary policy guidelines. Also on Friday (January 6) U.S. December non-farm payrolls report upcoming, previously located in the employment rate of 9% below the U.S. economy gradually improved environment, the job market or further improved. The Fed at the end of December 13 one-day monetary policy meeting, as the market expected announcement that the benchmark interest rate unchanged 0-0.25%, and reiterated that interest rates will remain low until at least 2013. While maintaining the previous “reverse operation” scheme and 0.75% discount rate unchanged. Was unexpected, the Fed did not announce the setting of inflation and employment objectives, future interest rate forecasts as a communication tool. With the U.S. economy continues to improve, expect the Fed minutes will reaffirm the U.S. economy “moderate” growth of the words, and that the labor market improved slightly. However, the Fed will highlight the unemployment rate is still high, although the unemployment rate in November fell to two and a half to a new low of 8.6%.
New Zealand market is closed New Year holidays days off
3, real-time quotes, real-time intraday given.
23:00 U.S. construction spending in November before the value of 0.8% / month; market impact ★
fundamentals: January 2, the latest news, the U.S. ETF gold fund SPDR Gold Shares
Today Focus:
1, see 28 nearby, with a stop 0.3 U.S. dollars, close to the target 29.
silver in :27.80 – 29
technical: weekly, the weekly decline, the current is strong resistance near the 1605 five-week moving average, support is still around in 1530, Zhou downtrend lines changed, but now is taking the trend oversold bounce. Daily, the online trading day to close with a long upper shadow of the sun pillar, the current resistance is within 10 days moving average of 1586, support in the 5th MA in 1565, the current corresponding to the three-point position is gathering RSI position, KD is the first hook up, break 1588, at the top continue to rebound. Four hours in four-hour rally, the resistance is now at 1580 and 1599, support in 1564 as a near four-hour low MACD MACD divergence began, a firm break through 1600 or 1565, a wave of rebound can be expected. Hour line, the hour-line gains, the current support in 1572 and 1568, resistance is a Boolean to bring the 1582 track.
market review: Spot gold on opening day in 1545 the lowest price of 1581 closed at 1545 up to 1562, the daily close with a long upper shadow of the sun pillar, silver opened at 27.74 Low 27.26 28.46 Close up Price at 27.62, to close with a long silver line on the film negative column, gold and silver continued to rebound.
23:00 U.S. December ISM manufacturing index value of 52.7; market forecast 54.1; market impact ★ ★ ★
today range :1562 – 1600
to do one specific proposal: