Weekly

May 7 th
 
Today's volatility range:

In April, the price of gold repeatedly challenged the psychological barrier of 1800, but failed to return. It was guaranteed by several Fed officials that investors bet that the Fed is expected to keep interest rates low, which will help enhance the attractiveness of gold.

The gold price finally broke in one fell swoop yesterday. In Monday's weekly review, I wrote an extra one-year review under the volatility, and mentioned that "gold has always been a traditional investment tool against inflation ... providing multiple opportunities to enter the market".

I couldn't think of three days before I passed a level, and the resistance of $1,818 on the red line of the chart yesterday only softened. As long as the market outlook stabilizes, it will cost $1,800 upstairs and $1,848 at the next stop. Today's proposed amplitude is between 1803 and 1826.

Resale the advertisement. This Friday night, there are non-agricultural data released in the United States. Our company has a live broadcast of related topics on Facebook that night. Interested Batasida can pay attention to this website or join a group to inquire.

 
With the introduction of the variant virus into the local community, the Administration issued a mandatory testing requirement on the 30th of last month, requiring all foreign domestic helpers to undergo mandatory virus testing before the 9th of this month. After the test plan comes into effect,

There are crowds in many testing centers. According to the statistics of the Labour Department, there are about 370,000 foreign domestic helpers in Hong Kong, and as of Tuesday, 200,000 testing reports have been completed for these people. At the same time, the Labour Department revealed that,

More than 130,000 FDHs made an appointment to go to the testing center for testing before the dead line set by the government. According to the figures provided by the Labour Department alone, it can be seen that the operation of the testing center has reached saturation. In addition, the compulsory inspection arrangements in the closed areas are affected.

The staff of the testing center must be exhausted. I hope that even if they are in the front line of epidemic prevention in Hong Kong, they will remain professional, stop making mistakes and mistakes, and let more patients leave the community to broadcast drugs.

After the May Day holiday in the Mainland, Beishui returned to Hong Kong stocks again, and the market turnover immediately increased to HK$ 161 billion. Supported by Beishui, Hang Seng Index rose 0.77% to close yesterday.

 
The Bank of England announced the interest rate decision yesterday, which remained unchanged at 0.1%. Bank of England Governor Bailey said at the press conference that the Bank of England has no new ideas for withdrawing from quantitative easing measures.

It is not an appropriate time to talk about reducing the purchase scale of British government bonds. His remarks benefit the risky market, with all three major European stock markets rising, and the DAX index in Frankfurt, Germany rising by 0.17%.

CAC in Paris, France rose by 0.28%; The FTSE 100 Index rose 0.52%. After U.S. Treasury Secretary Janet Yellen clarified her earlier remarks on raising interest rates, several Fed officials also spoke in a unified voice.

It has played down the market's panic about rising interest rates. In addition, the United States announced that the number of people applying for unemployment benefits for the first time last week recorded 498,000, a record low since March 14 last year. Investors are looking forward to a comprehensive economic recovery.

Three indexes of new york stock market rose across the board. Dow Jones index reached a new high, rising 0.92%, Nasdaq index also rose 0.80%, and Nasdaq index got rid of its daily decline, rising 0.37%.

It was guaranteed by several Fed officials that investors bet that the Fed is expected to keep interest rates low. The gold market rose sharply yesterday, breaking the psychological barrier of $1,800 in one fell swoop and rising to the highest of $1,818

When resistance softened, it finally closed at $1815, up $28.

For detailed analysis and operational suggestions, please CLICK the following link to join the group and check with the administrator
https://t.me/mingtakchat