employment priority is to improve the people's livelihood 晓雪 financial management: analysis and operational recommendations for the July 19 gold and silver trading
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"market review" international gold prices rebounded slightly in early morning trading yesterday, does not appear broken 1585 continuing weakness cut, beautiful wave rebound to 1567 to get support, but still failed to breakthrough in 1585, has eased to 15,721 line. Skytone silver yesterday were pointing directly rendered vulnerable development, United States time to sound out near 5,460 rapid rebound once again, but still failed to intraday high of 5,580 on station, currently small shocks to the 55,101 line. "The fundamentals" gold fell on Wednesday, as the dollar's strength, and the United States Federal Reserve (FederalReserve, referred to as Fed) Chairman Bernanke (
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BenBernanke) delivered testimony to the House of representatives has not promised to inject fresh liquidity into the market in the short term. Comex Division of the NYMEX exchange trading of the most active August gold futures contract settlement price-18.7 bn, to 1,570.80 us $, or 1.2%. Bernanke testimony published in the House of representatives said if the United States need to further liquidity to restore economic growth, Fed will be ready to take action.
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However, like when testifying in the Senate on Tuesday, he did not suggest that such action will be taken in the short term. RJOFutures senior futures brokers BobHaberkorn said, in the absence of a new context of easing measures, fluctuations in gold prices will remain horizontal. He predicted that gold prices may be maintained at $ 1,571 per ounce to $ 1,608 in the interval. In addition, the dollar higher on Wednesday is also putting pressure on gold futures contract. Silver Futures for September delivery down 22.1 cents, to $ 27.095 an ounce. "Technical" from the Japanese line, charged again yesterday in the overcast, remain in the short term adjustment in the overall continued performance of these sites consolidation, pressure above, strong buying support below, under every depth of exploration will be a quick rebound occurs. Yin column yesterday, today is expected to rebound refreshed after yesterday's low point, but as long as you don't break the 1558 will behave as an uplink channel. If today were pointing to a rise in direct charge Yang Zhu engulf the adjustment, the situation was less likely. Now BOLLINGER BANDS tend to slightly downward consolidation. Gold has come down completely to Brin with lines under the rail line channel run. And above the short-term moving average along the rail lines will be at 1580-1583. RSI die fork finishing run. MACD