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(ECB) interest rate decision. Xia Dali think because of the current euro zone is still in the shadow of deflation is expected EBRD may implement further easing at next week's meeting of the means to ease the financial status of the euro area, which will lead to the euro / dollar further down. Technical perspective: Gold daily chart is in the third wave of five waves down downtrend, when gold fell $ 1,260 / ounce mark, more confirmation of gold fell three waves are running. Gold rebounded from 1181 to $ 1,382 / oz 618% retracement location is $ 1,262 / ounce, the gold market outlook for this position if not break, then gold will fall three waves towards the target area of $ 1212-1220 / ounce regional direction fell. Golden triangle below the bottom of Figure Day $ 1,283 / ounce, the weekly chart positions fall 150MA $ 1,285 / ounce, closing at a low monthly figure, while the monthly chart position and death 250MA $ 1,218 / oz fall, then a great chance of gold fell below 2013 6 month low of $ 1,180 / oz. Homeopathic prosper perish contrarian investors can continue to choose this week to sell gold, as investors have bet big on June gold market, gold June downtrend difficult to change, and most importantly, to U.S. economic data after will continue to improve. The Fed will continue to decrease after the June 18 meeting
Company Name: | Non woven bags manufacturer |
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Company Address: | xicheng |
Zip: | 325802 |
Contact Person: | Senka |
Telephone Number: | 18868944739 |
Mobile: | |
Fax Number: | |
Email: | yaliaoes4517@163.com |
Homepage: | www.non-woven-bags-manufacturer.com |