Witness gold and copper prices rose
after Ben Bernanke undermined reduce bets quantitative easing, boosting
risk appetite and demands on non-paper assets.
Highlighted key points:
Usher gold and silver contracts its central undermine Berninkirhanat of recovery reduce quantitative easing
Copper contracts follow the lead of the stock to rise
Metals traded on the rise following the response of financial markets to the minutes of the FOMC meeting for the month of June and therefore the comments were on the lips of President Ben Bernanke. The record showed that some members of the Fed feared that "the expression of a desire to slow down the asset purchases ... might be misinterpreted as ... the first step towards a move away from the politics is very appropriate."
Reflect the price movements since the June meeting of the health concerns are similar, Bernanke struggled to clarify the idea that offended markets to understand. Central bank governor said that monetary policy is still very appropriate, that inflation and growth trends, jobs point to the need for the Federal Reserve to provide more stimulus, which undermines the reduction of quantitative easing bets.
Show markets feedback Mtoukaah. Prices are Asian and European stocks higher and copper contracts follow suit. Also check out gold and silver gains, as it allows low guesses reduce the quantitative easing the way for the recovery of precious metals. As futures trading S & P 500 index on the rise and the upcoming economic calendar is devoid of events that would hinder the momentum, referring to repeat the same scenario with the opening of the markets on Wall Street.
Technical analysis for crude oil - made prices just as had been expected after the test form holes in the font style candlestick above the trend line support. Bulls target currently stationed resistance at 106.26, which is 100% Fibonacci correction, which is designed to penetrate up 123.6% level object at 109.46. We have near-term support at 103.35, the 78.6% Fib.
Technical Analysis for gold (spot price) - Prices are following the progress tested form pattern of gulping SPV in making candles and impenetrable resistance located at the 23.6% Fibonacci retracement (1252.80) to target the existing level of 38.2% at 1297.75. Lets break above the door to reach the price 50% Fib at 1334.08. This plays a new level of 1252.80 recast as near-term support.
Technical Analysis for silver futures (spot price) - price is trading above the resistance located at 19.6, which is 23.6%, following tested a morning star pattern in the candlestick. Targeted daily closing above the resistance level of 38.2% at 20.73. As stationed near-term support at 18.19, which is the bottom of June 28.
Technical Analysis for decades copper (Mini Copper) - trading prices of the above resistance at 3.174, which is 23.6% Fibonacci extension, which aims to break up 38.2% of the object at 3.292. Main support lines up at 3.101, which is 14.6% Fib, followed by the 3,000 level
Highlighted key points:
Usher gold and silver contracts its central undermine Berninkirhanat of recovery reduce quantitative easing
Copper contracts follow the lead of the stock to rise
Metals traded on the rise following the response of financial markets to the minutes of the FOMC meeting for the month of June and therefore the comments were on the lips of President Ben Bernanke. The record showed that some members of the Fed feared that "the expression of a desire to slow down the asset purchases ... might be misinterpreted as ... the first step towards a move away from the politics is very appropriate."
Reflect the price movements since the June meeting of the health concerns are similar, Bernanke struggled to clarify the idea that offended markets to understand. Central bank governor said that monetary policy is still very appropriate, that inflation and growth trends, jobs point to the need for the Federal Reserve to provide more stimulus, which undermines the reduction of quantitative easing bets.
Show markets feedback Mtoukaah. Prices are Asian and European stocks higher and copper contracts follow suit. Also check out gold and silver gains, as it allows low guesses reduce the quantitative easing the way for the recovery of precious metals. As futures trading S & P 500 index on the rise and the upcoming economic calendar is devoid of events that would hinder the momentum, referring to repeat the same scenario with the opening of the markets on Wall Street.
Technical analysis for crude oil - made prices just as had been expected after the test form holes in the font style candlestick above the trend line support. Bulls target currently stationed resistance at 106.26, which is 100% Fibonacci correction, which is designed to penetrate up 123.6% level object at 109.46. We have near-term support at 103.35, the 78.6% Fib.
Technical Analysis for gold (spot price) - Prices are following the progress tested form pattern of gulping SPV in making candles and impenetrable resistance located at the 23.6% Fibonacci retracement (1252.80) to target the existing level of 38.2% at 1297.75. Lets break above the door to reach the price 50% Fib at 1334.08. This plays a new level of 1252.80 recast as near-term support.
Technical Analysis for silver futures (spot price) - price is trading above the resistance located at 19.6, which is 23.6%, following tested a morning star pattern in the candlestick. Targeted daily closing above the resistance level of 38.2% at 20.73. As stationed near-term support at 18.19, which is the bottom of June 28.
Technical Analysis for decades copper (Mini Copper) - trading prices of the above resistance at 3.174, which is 23.6% Fibonacci extension, which aims to break up 38.2% of the object at 3.292. Main support lines up at 3.101, which is 14.6% Fib, followed by the 3,000 level
ليست هناك تعليقات:
إرسال تعليق