Weekly

April 19 th
 
Today's volatility range:

Geopolitical tensions continued to heat up the market risk aversion. The price of gold successfully rose above the resistance of $1,764 yesterday and closed above this position on Friday, showing a top-bottom reversal trend.

This rise has broken through the consolidation area that has been rampant for more than a month. Those who hold good positions initially should still not be satisfied. In addition, geopolitical conflicts cannot be solved in a day or two. Under the combination of the two,

Gold price remains optimistic in the short term. Today, the proposed amplitude is between 1772 and 1790.
 

Last week, the economic data released by the United States were ideal, from the job market to the inflation rate in the United States and the purchasing managers' index of manufacturing industry, so that the housing sales volume showed that the American economy was gradually improving.

The United States is the leader of the global economy. People often say, "America sneezes, and the whole world has a bad cold. The U.S. economy is improving, which drives the stock market to rise. The three major indexes of Wall Street stock market are the first to reflect it.

Both the Dow and the Standard Index hit a record high for both the market and the market, with the Dow Jones index rising 0. 48%, the Standard & Poor's 500 Index rising several times for seven days and rising 0.36% again on Friday.

Nasdaq index also rose 0.1%, approaching the historical high again. The three major European stock markets also rose across the board on Friday. The DAX index in Frankfurt, Germany rose by 1.34%, and the CAC index in Paris, France rose by 0.85%;

The FTSE 100 Index in the UK rose by 0.52%

 
In retaliation for Russia's alleged interference in last year's US election, the United States announced on Thursday that it would impose a series of sanctions on Russia, and listing a number of entities and individuals as black is a reciprocal measure against the US.

To respond to the unreasonable sanctions imposed by the United States earlier. From the attitude of the Russian side, that is, you do the first day, I do the fifteenth, whether to upgrade the interaction again, really God knows! International concern for these two super military powers,

In diplomacy, the Czech Republic said that in 2014, 18 Russian embassy personnel were expelled from the country on the grounds that Russian intelligence personnel were suspected of participating in the explosion of the Czech arsenal.

Russia recently accused a consul of the Consulate General of Ukraine in St. Petersburg of engaging in activities inconsistent with his status, damaging Russia's security interests and ordering expulsion; China and the United States began to engage in evil from the trade war.

Recently, the leaders of the United States and Japan issued a joint statement, expressing concern about Taiwan Province, Hong Kong, Xinjiang and the South China Sea, which further aroused China's dissatisfaction. Global geopolitical tensions seem to be back in the 1970s.

 
The price of US Treasury bonds rebounded, the yield of 10-year Treasury bonds fell below 1.6%, and the geopolitical tension caused the market risk aversion to heat up.

Gold rose above the $1,764 mark last week, and reached a two-month high of $1,784 on Friday. The lowest price of gold reached $1,724 per ounce, closing at $1,776 per ounce.

It rose by $12 per day and $34 per week.

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