Weekly

February 2 nd

Today's volatility range:

The net army pointed its finger at silver, which caused the price of silver to rise sharply and benefit gold. However, the killing of predators by retail investors can only have a short-term effect, especially in the bulk commodity trading market. Yesterday, it was announced that it is not appropriate to chase after it. Return to basic analysis.

The US dollar was built yesterday, and the US dollar index rose above 91 points, hitting a new high in nearly two months, which will put pressure on the gold price. On the technical level, the gold price is still obviously subject to the resistance level of 1864 US dollars per ounce.

It is expected that the number of non-agricultural employment will still rise and fall before the release of data on Wednesday. Keep yesterday's volatility between $1840 and $1865.

Last night, the Hong Kong Government raided the four districts by lightning. When the Chief Secretary for Administration, Mr Matthew Cheung Kin-chung, held a joint press conference with inter-departmental officials yesterday, he said that in order to enable the affected industries and schools to resume operations and classes after the Lunar New Year,

Announced to tighten the threshold of compulsory inspection, the new measure is that as long as there is a no-source case in a building or a virus is detected in a sewage sample, the whole building will be subject to compulsory inspection. He explained that the government's new arrangement is not to be coquettish.

It is hoped that the measures will protect public health more effectively and enable the affected industries and schools to resume business and classes after the Lunar New Year. Some interviewees criticized the government for disturbing the people, failing to close the city as soon as possible and allowing the virus to be introduced from other places.

As a result, the epidemic situation in Hong Kong has dragged on for as long as one year., At this stage, we have no choice but to cooperate.

There are 104 million cases of COVID-19 epidemic in the world, but the number of infections seems to be slowing down after the vaccine was launched, and the number of newly confirmed cases in the world has dropped for three consecutive weeks. WHO Director-General Tan Desai said that even if the variant virus is spreading,

It is encouraging that the virus can also be controlled. However, he reminded people to be vigilant, and everyone should continue to take preventive measures to ensure their own safety and that of others, so as to prevent the virus from spreading again in the community.

The epidemic slowed down, and the British vaccination program started to run smoothly. In Germany, Chancellor Merkel promised that all Germans could get COVID-19 vaccine before the end of the third quarter of this year. Investors look forward to the economic restart, which drives optimism.

Major European stock markets rose across the board, and the German DAX index rose by 1.41%; French CAC index rose by 1.16%; The FTSE 100 Index rose by 0.91%. In GME event, retail investors defeated predators, and some netizens called for buying silver in the discussion area.

The price of silver-related shares has risen, and the participation of many retail investors has made the stock market trading hot. In addition, investors believe that the United States has advantages in economic growth and vaccination, and the atmosphere has driven US stocks to rebound. The three major indexes of the new york stock market have risen across the board.

Dow Jones index rose 0.76%; The Standard & Poor's Index rose by 1.61%, while the Nasdaq Index completely recovered yesterday's lost ground and rose by 2.55%. The Net Army pointed its finger at silver. Yesterday, the price of silver rose above the level of 30 US dollars per ounce, reaching a high of 30.03 US dollars.

It hit a new high in the past eight years, and the increase in silver benefited other expensive metals. The price of gold was made yesterday, and it rose from the low crack of $1,848 per ounce to the highest of $1,872 per ounce, and finally closed at $1,860 per ounce, up $12.

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