Industrial Investment: Dual Positive Assistance Gold steadily expands its growth rate

Industrial Investment: Dual Positive Assistance goldSteadily expanding the growth rate
2017year7month31day
gold
International spot gold stabilizes with the dual support of the weakening US dollar and the risk aversion sentiment triggered by the Korean Peninsula1258Pull up to reach the highest point1270Above and maintaining a strong consolidation at a high level. Data shows that in the second quarter of the United StatesGDPSlightly below expectations, only recorded2.6%，PCEThe price index is in line with expectations, but the employment cost index is low2015New low since the second quarter of this year0.5%The market is concerned that consumer spending will slow down again in the third quarter. In addition, last Friday evening, North Korea launched an intercontinental missile, sparking market risk aversion. Over the weekend, the United States responded by not only conducting missile defense exercises, but also sending two strategic bombers to fly over the Korean Peninsula. Pay attention to US housing data within the day, and the overall upward trend of gold is good, mainly with low bullish.
Technically speaking, the daily moving average diverges upwards, with random indicators overbought but no signs of correction, relying on5Long on the daily moving average.
Key resistance:1274/1279/1283
Key Support:1264/1260/1257
Today's suggestion:
The hourly chart fluctuates upwards, and a short-term pullback may provide opportunities to buy long on dips,4The upward trend of the time chart remains intact, and we are waiting for a pullback to stabilize and continue to go long. Suggestions for the day1264Go long above, look up1274。
silver
Silver also stabilizes16.50The low point on the first line fluctuated higher, but failed to break the high point16.75There is slight resistance on the front line, but this week's opening saw a slight jump and a high opening, with the highest reaching up16.78Then fill the gap. The silver price is driven by the dual positive factors of the weakening US dollar and safe haven sentiment, but from its performance, although the upward momentum remains intact, there is strong resistance on the upper side, so it should be cautious and bullish.
Technically, the daily chart moving average diverges upwards, and the upward momentum remains intact, but approaching100Daily moving average and previous highs16.90Be cautious and bullish.
Key resistance:16.79/16.89/16.90
Key Support:16.55/16.50/16.45
Today's suggestion:
Height before hour chart retest16.80A slight pullback on the front line, pay attention to the performance near this level.4The high and low points of the hourly chart remain upward, with a good upward trend, but16.80The first line may limit the increase. Suggestions for the day16.55Going long on the front line and paying attention16.80Above performance.
copper
The overall fluctuation of copper prices was limited last Friday, with the lowest point dropping2.8388Subsequently, it stabilized and fluctuated, recovering the lost land on the day and including the small candlestick with a lower shadow. In the early trading session of the Asian market today, Chinese data showed that due to the slowdown in external demand,7Monthly official manufacturingPMIRecorded51.4, less than expected51.5Non manufacturing industryPMIAlso from54.9Slide down to54.5Copper prices quickly rose after the data, but reached a high point last week2.9030There are signs of obstruction below, please pay attention to whether you can stand in that gear again. If you break up, it is expected to open up further upward space. Otherwise, short-term adjustments may be made.
Technically, the daily chart moving average system maintains upward divergence, and short-term actions may slow down. Pay attention to last week's high point2.9030Frontline performance determines further direction.
Key resistance:2.9030/2.9300/2.9500
Key Support:2.8700/2.8400/2.8150
Today's suggestion:
Hourly chart stepping back2.8400Stable and fluctuating below, retested in the morning session2.9030Frontline resistance, pay attention to whether the gear can break through upwards,4The upward trend of the hourly chart remains intact, but the short-term trend is temporarily hindered2.9030. Suggest following within the day2.9030First line performance.