- the gold market trend analysis:


American President Joe biden $1.9 trillion stimulus bill finally through the last hurdle in congress on Wednesday, the house by a vote of 220 to 211, the results passed the bill, will be signed by the biden method, though the prospect of the massive stimulus measures raises worries about inflation, supporting the gold as a hedge, but more economic growth outlook is still putting pressure on traditional havens, affected by the news, investors to buy gold to hedge funds in advance risk of depreciation, gold on Thursday (March 11) once a week high at $1739.75 an ounce, however, the U.S. stock market also rose sharply, safe-haven demand on gold, gold if you want to restart rally, may still face some difficulties,


As investors worried about inflation to rise further and began the process of pricing, Treasury bond yields rising in the past few months, the new stimulus package is likely to make the argument that price pressures have risen sharply, and has set up a U.S. benchmark 10-year bond yields low of 0.56% from the end of July to the current 1.55%, rising Treasury yields decreased gold as a safe-haven appeal, in Beijing time today, but the latest U.S. inflation data and four for the second time this week us Treasury auction gold prices could threaten short line bounce, Beijing time March 11 in the morning 00:30 will release $38 billion 10-year us Treasury auction results, the market is paying close attention to the inflation data and the result of the auction,


Technology on gold prices rebound after three days in a row, real-time gold three even Yang K line already established MA5 \ MA10 above average, cloth belt under the rail also began to hook up, the current market breakthrough early 1725 drop point a moratorium on the downward trend, the current watch at the top of the resistance wire cloth in the forest rail 1746 and weekly MA5 averages 1755 a line resistance, price no entity can only as a slow downward trend before 1755, weak structure remains the same, 4 hours on the K line 5 Yang upward development, cloth belt openings, and the average index long extended upward, illustrated the MACD indicator fork peatlands, KDJ indicator random overbought area adhesion, evening open if the dollar rebounded, gold prices fall and the possibility of repair, the comprehensive look at today's prices above resistance, 1746-1755, attention below 1724-1710;

[oil prices trend analysis]


Crude yesterday with repeated rollercoaster see-saw, two test picks up stability, yesterday was the first wave of asia-europe dip slightly to 63.1 a line in a strong support against smoking, high impact site 64 line continue upward, the second wave of the night on 64.8 in wide range see-saw, borrow EIA data bad impact test again in the morning near the low of 63.5, but then the bulls counter-offensive to recover all lost again, finally closed at 64.7 above, in the end, still closed into small Yang line, hitting a support in the front line, 63.5-63.2 technical yesterday out of the signs of stability, if not broken 63.2 low today, watch the retaking touch high volatility, conveniently low days!