Spot Gold Is In A Dilemma At 1321 Important Points.

< p > > the world's < a href= "//www.sjfzxm.com/" target= "_blank" > clothing < /a > a href= "//www.sjfzxm.com/" target= "//www.sjfzxm.com/" > shoes < < hat net "Xiaobian introduced to everyone is the 1321 offensive and defensive war protracted, spot gold advance and retreat.

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"P" on Tuesday (July 8th) in the European market, spot gold was handed over to $1320 / ounce, and an important point in the early stage was over $1321 / ounce.

As the minutes of the meeting with the Federal Reserve will be announced this week, it is difficult to make substantial progress until then.

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< p > > a href= "//www.sjfzxm.com/news/index_cj.asp" > spot gold > /a > high in the day is seen at 1322.6 US dollars / ounce, the lowest in 1316.6 US dollars / ounce.

After non farm, spot gold bullion failed to hold gold prices above 1321 US dollars / ounce, and the 3 consecutive trading day was lower than that level, indicating a short-term callback pressure.

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< p > technical aspect, the 6 month line chart has formed a strong bullhead reverse phagocytosis, which means that there is room for further improvement in the short and medium term.

But with the recent loss of 1321 key levels, the TD sequence begins to enter the new cycle.

At present, the third TD signal indicates that the market's callback will continue for 5-6 trading days.

1309/1306 is a relatively important technical support in the week. Once it falls through, the three passes before the short test will be hard to avoid.

If the bulls are able to recapture the 1321 level in nearly two trading days, it is possible to announce that the adjustment is ahead of schedule and the next target will be 1340 US dollars / ounce.

On the whole, gold has been bottomed above 1240 US dollars / ounce, but further action can still wait for new news.

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The US dollar index (P) index will be traded on the 50 and 200 day moving average this week, and the average will be glued, which means that the trend line will be selected or will appear.

If the 50 day moving average can wear the 200 day moving average, the medium-term trend or favorable US dollar.

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< p > spot silver continued high ranking, silver price still failed to break through the key TDST resistance of 21.22 US dollars / ounce.

Closing below 20.90 U.S. dollars / ounce will mean that the adjustment will increase, and the bull must conquer 21.22 before it will further open up the space.

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< p > 1321, the offensive and defensive war is protracted, and spot gold is in a dilemma. < /p >

On the news P, nearly twenty Sunni tribal elders from the Iraqi revolutionary tribal Committee, from Iraq's Anbar province and other places, held a meeting in the city of Elbe, capital of the Kurdish autonomous region. On the basis of the "Revolutionary Committee", they elected the chairman and spokesman of the committee, and claimed to overthrow the Iraqi government through the "revolution".

According to a spokesman for the Iraqi Revolutionary Committee, the purpose of the Commission was to manage and lead Sunni armed forces to carry out the so-called "revolution", to overthrow the current legislative and administrative system of the Iraqi government and to implement the new national policy.

The organization also said that although they had common goals with extremist armed groups, there was no specific cooperation between them.

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Mikhail Koval, deputy secretary of the national security and Defense Committee of Ukraine, said that President Peter Poroshenko approved the plan to capture Lugansk and Donetsk occupied by militia, according to the new Russian Internet Report.

According to the Ukraine government statement, Donetsk and Lugansk will be surrounded by Ukrainian government forces to force the militia to surrender.

It has been reported that Ukrainian President Poroshenko plans to discuss the next action in the southeast with strong Department officials on the evening of 7.

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P FuturesTechs analyst Clive Lambert said gold prices are still stuck in the pattern of "repeating the above steps", and investors are looking for new driving factors for gold.

Clive Lambert said gold bought on Monday at a low level of $1312 / ounce.

Gold is likely to rush to $1334.90 / ounce soon, and the support is currently in the range of $1299-1309 / ounce.

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< p > independent analyst Vladimir Mihaylov commented that gold prices broke through the negative technological aspects of the day.

Vladimir Mihaylov said gold's first support was at $1308 / ounce, followed by $1305 / ounce. If the two support is broken down, it may test another 1291 dollars / ounce.

Vladimir Mihaylov said, but if gold breaks above 1322 US dollars / ounce, it may regain its gains.

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< p > there is no American data released on Tuesday night. The precious metal material will be dominated by technical fluctuation.

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< p > Beijing time 19:15, spot < a href= "//www.sjfzxm.com/news/index_s.asp" > Gold < /a > 1322.03/5 1322.03/5 / ounce.

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