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BFSforex: Gold hovered wide this week, today's high-tangled-based

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Last weekend in the war against Syria haze extinction of the occasion, the financial markets pushed crude oil and Gold and silver substantial funds pulled in last Friday's wealth market parsing operation teams have mentioned, Gold and silver and crude oil and foreign exchange markets on the major currency pairs have a certain degree of decline in the afternoon more directly Powei 1400 mark, the second in 1390-92 collapse up support, although unable to continue to the next evening afternoon break, but the depth of the step back has begun. Today morning opening directly down is proof.

Although the fundamentals of the weekend Obama said Syria would be limited force plan, but undetermined time and requires the consent of Congress support, which also spawned a variable, fundamentals continue to push Gold and silver trend needs further accumulation of market performance power. Today fundamentals mainly China and the euro zone data, the RMB against the U.S. dollar to rise or push the market higher non-US atmosphere, the euro area is expected to basically positive data, but given the current market, can not stand on the 1400 mark, and the prices are also based on hovering sideways main market trends and timely attention to detail wealth operation team timely trend analysis.

Technically, the weekly stepped back line has been riding in 1370, see also considered Chu Chu bottom lows, the date line, stepped back two consecutive days has broken bits one thousand four checkpoints and 90 positions, long guard has been broken, the attack position on the short term is the high point of 1405 on Friday night guards repression is short, we should focus on short-term suppression of 1393 line, as today's ups and downs, this is also the current bears' first guard today, morning first this operation can take this as a bit short.

The only drawback is short today morning stepped back quickly, as well as positive effects influence data afternoon, tangled bearish trend, we below concern 1386 and 1380. Two support, the war of 1370 and 1353 before the haze as this rally Finally guard point range this week, we have gradually trend around the operation of the times more market trend interpretation welcome attention to the transformation of the relationship of wealth and ear functioning team.

BY:BFSforex

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