Zhang Qixin: United StatesGDPData meets expectations, gold and silver continue to be under pressure

Zhang Qixin: United StatesGDPData meets expectations, gold and silver continue to be under pressure

Market Review:

The second quarter of the United States will be announced tonight in New York tradingGDPSeasonal rate still hasn't disappointed the market, revised upwards4.6%As expected, this will also declare the eleventh week of continuous rise of the US dollar, setting a new record40The longest uptrend in years, with a steady pace of economic recovery in the United States and support from expectations of interest rate hikes, the bullish trend of the US dollar is expected to reach a new level.goldSilver continues to face pressure and decline, while gold trades in1217.50dollar/ounce. Silver (Tiantong Silver, Xinhua Silver) traded on3457element/Kilogram. In the evening, Zhang Qixin suggests that everyone still use high-altitude strategy!

Fundamental market information:

The strength of the US dollar seems to be 'endless', and the reasons behind it,Investors believe that the steady pace of the US economic recovery will prompt the Federal Reserve to raise interest rates early. In contrast, the European Central Bank and the Bank of Japan may introduce more loose policies in the coming months to stimulate their respective struggling economies.

Evening data shows that due to accelerated investment by businesses and increased spending by households, the US economy grew at its fastest pace in two and a half years in the second quarter of this year, outperforming initial valuations, and economic activity was generally active2014The growth in the second half of the year sends an optimistic signal. Real Gross Domestic Product of the United States in the Second Quarter(GDP)Final annualized quarterly rate revised upwards to increase4.6%, in line with market expectations, with an initial value of growth4.2%The economy shrank in the first quarter2.1%。

Zhang Qixin believes that the expansion of manufacturing and the growth of employment drive consumption growth, indicating that enterprises are more optimistic about the demand outlook. As the world's largest economy and its labor market improve, the Federal Reserve(Fed)Decision makers are discussing how long near zero interest rates will last. The Federal Reserve plans to10End of month bond purchases and move towards raising short-term interest rates, but most Federal Reserve officials expect to raise rates again at some point next year.

EUR/USD touched this week2012year11Lowest since month1.2696Helping the US dollar index rise to a four-year high85.48This is the second consecutive year for the US dollar index11Weekly increase, for40A record that has not been seen since the beginning of the year.

Currently, the yield difference between US Treasury bonds and comparable German bonds is close to15Year high, bearish for the euro against the US dollar. Because higher bond yields typically attract more capital inflows, and bond investments account for a significant proportion of international capital flows.

present-Suggestions for operating the golden and beautiful plate of goods:

1；1218-1220Frontline empty orders entering, stop loss1223.5.Looking at the target below1213-1212frontline.

2First exploration below1210-1208Multiple orders can be entered on the front line, stop loss1205.Look at the target1215-1217frontline.

3Today, I called out orders in my member group,1228Empty,1225Empty,1220At present, all of them have reached the profit taking point.

For more information, please contact Zhang Qixin!

present-Suggestions for trading silver (Tiantong Silver, Xinhua Silver) in the US market:

1；3470-3480Frontline empty orders entering, stop loss3510.Looking at the target below3450-3440frontline.

2First exploration below3430-3420Multiple orders can be entered on the front line, stop loss3400.Look at the target3460-3470frontline.

3Tonight, I will place an order in my member group.3500Empty, currently reaching the profit taking point.

4The above information is for reference only. For more inquiries, please contact "Zhang Qixin" in person

yellow-gold-white-silver-body-Verification-Group:2913-4126.Verification: Zhang Qixin penguin:18137-48112
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