The best time to trade gold futures

The best time to trade gold futures

UBS said in a report released on Wednesday (April 20) that investors are waiting for the price to pull back to buy gold, triggering some slight retracements. Many investors wait for a deep price adjustment in order to build positions, or increase positions on top of existing long positions, but this is still elusive at present. During the consolidation, the price of gold once dropped to a point of $1,208 per ounce, which not only did not go down, but also the support of interested bargain hunting orders was obvious. Even in the case of stock market strength, gold still rebounded. UBS said that some market observers worry that the net long position in New York gold futures and the slowdown in the gold ETF Masukura may be reasons for caution. However, the fear of missing gold's future growth opportunities seems to offset the above worries. Investors are willing to build positions on an annual basis instead of taking advantage of the opportunity of gold consolidation for speculative operations. SourceThe best time to trade gold futures media_span_url('')

First of all, the US monetary policy in the past few years is undoubtedly clear and has quite specific action steps. In 2014, it withdrew from easing, and the interest rate was raised for the first time in 2015; this year is the second time it is the second interest rate hike. Although the pace of tightening is slow, other central banks around the world are fully implementing interest rate cuts and loose monetary policies. The only country that tightens is the United States.

Tuesday (March 29) Fed Chair Yellen’s speech was the focus of the market on that day, and her dovish attitude and cautious attitude towards raising interest rates gave the gold market a boost to the level above $1,240 per ounce. HSBC said that the timing of the Fed's interest rate hike this year will have a critical impact on the gold market. The bank said that if the Fed raises interest rates twice, it will not have much impact on gold prices, because most investors have expected two interest rate hikes, but when to raise interest rates will be an important factor. HSBC said: If the interest rate is raised in April, the price of gold will be affected and lower, and any hint or clue to the interest rate hike in April is bearish for the gold market. The bank believes that the adverse impact of the June rate hike on the gold market will not be so great, and the fluctuation of gold prices will be relatively small. And raising interest rates in June means that the Fed will only raise interest rates twice this year. HSBC said: The direction of the dollar will be very important. If the Federal Reserve delays raising interest rates, it will be detrimental to the dollar and good for gold. Source media_span_url('')

In the introduction of the gold t+d business by a large state-owned bank, investors are positioned as individual customers who are interested in investing in gold and have a higher risk tolerance. An account manager of the bank said that higher risk tolerance means that customers need to reach at least R4 (growth) risk tolerance. At present, investors who can reach this level in the risk test of bank wealth management products are extremely rare.

We need a longer period of time to test. Cathay Pacific Fund personnel told reporters that, like other ETF products, gold ETFs focus on the process of growing up after listing in the future. The world’s largest gold ETF has only gained more importance through long-term continuous marketing and investor education. Sexually matched market share.

Bank of America Merrill Lynch (BAML) said on Thursday (March 20) that despite the downturn in the gold market in 2013, the agency still raised the gold price for the whole year of 2014 to $1,300 per ounce. At the same time, Bank of America Merrill Lynch also lowered its price expectations for global commodities (including copper and iron ore, etc.), saying this was mainly due to the slowdown in economic growth. Bank of America Merrill Lynch said that in the first half of 2014, the price of gold will rebound significantly, mainly due to the poor performance of the US economic data and the numerous resistances encountered by emerging market economies. Bank of America Merrill Lynch said that we mentioned that the recent rebound in gold prices was mainly boosted by European and American investors, while physical gold consumption in Asia has declined. Considering that the recent bullish global macroeconomic price factors may normalize, we expect gold prices in the second quarter of 2014 may give back some of the recent gains. The agency said that we raised the average price of gold in 2014 by 13% to $1,300 per ounce. At the same time, the agency expects that the annual average price of silver will rise 13.2% to $20.80 per ounce. However, the bank cut the annual average price of platinum by 8.9% to $1,554 per ounce, and the price of palladium down by 2.6% to $792 per ounce. The bank cited a series of factors that may cause investors to return to the gold market. Bank of America Merrill Lynch expects that demand for gold in emerging markets will increase. In addition, the misjudgment of the current economic situation by the central banks of developed countries may also cause investors to buy gold. Bank of America Merrill Lynch said that we have said that the recent rebound in gold is mainly driven by short-term investors. Caijing)The best time to trade gold futures media_span_url('/gold/guide/1403/537587.shtml')

Nelson Hunter was born in 1926, and his first half of his life was full of adventures. As one of the most business-minded sons of the old HL Hunter, he served as the chairman of the Hunter Drilling and Mining Company. The company’s main business is to extract new oil resources around the world, including profits in Libya and the North Sea in the United Kingdom. A lucrative new oil field. Therefore, Nelson not only got a lot of inheritance from his father, but also made a lot of new money himself.

At 17:55 on the 4th, the dollar index fell 0.55%. Sun Yu, chief trading officer of easy-forex headquarters area, pointed out that the US dollar index plummeted on the 3rd, and there were not too many news factors in the day. Therefore, the explosive power of seeking breakthroughs over time became the main driving force of the decline. Although there are non-agricultural data to look forward to on Friday, for the dollar bulls, a big negative line seems to have decided everything.