once close to record highs 1444.5 dollars

Market commentary:

For Portugal will apply for assistance and European summit may delay expand the scale every of aid money worries, yesterday euro and pound both plunges and once accelerated the speed of profit dish taking short, the dollar index also heavy and precarious situation in a blessing in disguise, avoided round turns the short term downturns may appear. But in the a $$, overall rebound still maverick maintained a steady upward style, recently on a chart also reap even 4 Yang. From this change, we can see that the different currencies, funds to appear differentiation attitude.

Outlook analysis:

 

News analysis, the dollar index rebound on the resistance of the 76.00, if the above $76.00 stand firm, to 76.20 even 76.50 index is expected to rally around. The target Today 75.50, in short support in 75.25 clear mbts to more good short important supporting. As long as the dollar index not below $75.00, and payment must will keep the bounce of the trend. But in the medium term, the dollar weak form.

 

Technology surface analysis, spot gold continue to go up, is again approaching record high. On the one hand, new-home sales because the United States is far lower than expected, market speculation the fed will continue to market liquidity; On the other hand, the Portuguese parliament not through government austerity measures, the eu postponed deciding how to expand American financial stability fund (EFSF) scale, the debt worries warming. Meanwhile, Libya battle in full swing, easing tensions in the Middle East has seen. So, in all kinds of positive factors, spot gold, driven by strong rise. Come from technology graphics, spot gold in 5 she analyzed by average daily line after risen strongly supported, once close to record highs 1444.5 dollars per ounce level rising, averages.

 

Trading direction: meet low buying

 

Strategy: may refer to buy gold price in varieties, 1818-1820 $$$1445 stop, target