Gold flash:
Treasury yields from more than one year highs, let the fruits of gold regained some attractive, 10-year Treasury yields had lost 1.60% mark, Chen Dabin think whenever yields high gold prices will hit bottom, the us $1.9 trillion of aid bill signed into law, it also provides support for gold, the rescue plan has sparked the fears of inflation, while gold is regarded as hedge tools price increase, due to the recent Treasury yields rise reduces the attraction of gold, gold prices steadied in nine month lows near; Li Lian win, said Powell reiterated that do not tighten policy could further boost gold, overseas Chinese bank economists said, "the federal reserve this week's meeting will be an important driving force in the gold market, Powell and his team exhibits strong doves intent may reduce yields, and higher gold prices,
Gold technical analysis:
Golden week morning rush up to near 1734, afternoon shock, near the lowest hit 1721 once again began to rebound, high back then pull up, as long as the low 1721 fall off Monday morning, will shock, of course if it is directly on the 1734 highs, so there will be a wave of lift, that is to say, the back, don't break the low to see many breakthrough high bullish, MACD now four hours above the 0 axis turns red, date line is also a golden cross, so the overall is still bullish thinking the same, the back low 1721 is more empty watershed, short-term back not to break the nearby, and continue to see more, if direct broke through 1738 highs, short-term back can continue with more, before the above key resistance at 1739-1740, here is the key to suppress, focus on the location of repression, broken bits theory is 1747-1762, if not broken continued low consolidation, above all, short line operation Li Lian suggested above resistance focus on 1740-1743 win on a line, below support on line, 1720-1718
Gold and silver td market analysis:
Gold TD: yesterday for a date line with today's small entity YangZhu, opened on Friday, gold prices continue to rebound, the rebound to 364.7, did not reach our short point, date line cloth belts and MACD indicators have continued down opening development; 4 hours wire cloth forest belt with the trend of the development of the short-term rise upward, below support near 360 lows yesterday; Hours wire cloth belts show convergent trend upward, diminishing gold MACD fork moderate, above the resistance level in 369; In conclusion, the Shanghai gold today is first up after the down trend, the market operation suggestion: suggest rebounded to 369 near empty single intervention, defensive three points, see 362-360; Callback to near 360 single intervention, more defensive three points, see 363-365;
Silver TD:
Silver td day line, the station troops under 60 averages, cloth above the forest rail from down to go flat, watching, short quantity can further concession, MACD fast line turn head on up to wear slow line, the market is more conducive to shock rebound; 4 hours, back on Wednesday to lowest rail rebound in the forest, ready to attack short-sellers 60 lines, is gaining momentum, long muster, fast and slow MACD lines of 45 at the same time, ready to attack, the market is more conducive to long; 1 hour and 30 minutes, now all the wall has been breached, and success into backing, a vast sky in front of the now, but there are some not breached the wall long after, a little slack, the current organization quantity can truly, waiting for the next attack, MACD above the 0 axis, the situation is more conducive to the bulls offense, comprehensive judgment: behind the bulls is strong and have the desire and strength, but short-term needs time, waiting for a long follow-up units supplies and concentrated, although the strength of the follow-up, but the striker bull quantity is not enough, watch the again may be defeated, attention below 5340 yuan/kg, and 5290 yuan; Attention to above 5450 yuan, 5520 yuan and resistance,