tera gold a drop of 4.8 m/Ounce - HPJ

"Review" on Friday (February 17) review: 17,351 technical selling pressure heavy benefited investors long understood, risks currency edged down, spot gold closed down slightly on Friday. Kxiantu displays the date, spot gold closed today a small Yin with hatched lines. Asia to New York in early trading, spot goldShock rise in 1730 over the obstacle and dropped sharply after New York midday spot gold lower correction. Highest spot gold hit $ 1735.5 an ounce, analysis under the minimum to $ 1716.89/Oz, closing at $ 1723.4 an ounce, a day after closing at $ 1728.2/oz on, a drop of 4.8 m/Ounce, or 0.28%. "The fundamentals" (1) the people's Bank of China announced Saturday, February 24 financial institutions deposit reserve ratio by 0.5%. 　　By then, most of China's largest bank reserve ratio would fall to 20.5%. (2) Greece Prime Minister on Saturday said Greece hope weekEuro-zone Finance Ministers ' meeting concluded negotiations on the country's latest economic reform programmes. The eurozone finance ministers ' meeting is expected to be approved by European leaders agreed to with the IMF in October last year Greece financing options. Greece, a senior government official said Greece hopes by March 8 issue debt Exchange proposal to creditors diablo 3 power leveling, and complete replacement on March 11.(3) members of the Management Board, the European Central Bank Italy's Central Bank Governor, Vincenzo Visco said Saturday, the European Central Bank to relax the European banking industry to obtain collateral eligibility criteria provided by the Central Bank injected, plus the long-term supply of liquidity funds is adequate, will facilitate more effective transmission of monetary policy. A large number of euro-zone Central Bank has relaxed collateral requirements of Member States, in order to let banks from EuropeChau financing long-term refinancing of banks operating in the capital. (4) the United States in January's consumer price index (CPI) rose 0.2%, 0.3% per cent from the lower-than-expected increase. But still hit 4-month high. In January, United States gasoline price rose 0.9%, display of energy costs on economic recovery risks should not be overlooked. Excluding foodWith energy prices, core inflation rose 0.2%, in line with economists ' expectations. However y/y growth rate more than expected, for 2.5%. 　　United States economic Consultative Council of leading economic indicators index in January growth expected United States economy continued to go well in spring and summer. (5) the world's largest gold ETF SPDR GoLD Trust as of February 17, 1281.28 tons of its gold holdings to, flat in the previous session. "Technical" week chart: week break the downward trend line back pressure on the k-line tera gold, two small Yin XING with up and down week charged hatch, averages neutral; MACD indicator above the double line zero axis double line glue, red energyMicro-column, neutral, and KDJ divergence the indicator wire bonding up, continued bullish; three-RSI indicators around the axis shock, shock up; run the CCI index up, neutral look. 　　Recommended long-term group-long. Daily chart: daily on the k-line session received a small Yin with hatched lines, averages arranged neutral Gold stations averages; The MACD indicator dead above the double line zero axis forks go green micro-kinetic energy column, resize; KDJ third-line regional bond indices diverge, rally; shocks was on the high side of an axis in the RSI indicator, see shock too many; the CCI indicator shocks up oversold region, neutral look at rebounding. 　　Recommended bargain go long in the middle line. 4 hours: 4 hours of k-line in 1705Interval box shocks-1735, averages neutral gold people on average; MACD indicator two-axis gold forks, red micro-kinetic energy column diablo 3 power leveling, rally, and KDJ index regional bond up diverge, rally; three-RSI indicators around the axis shock, neutral was on the high side; CCI index regional strong turn up, see rebound. RecommendedShort interval transactions. Spot Silver: k-line on a trading day received a small Yin with hatched lines, high silver price correction; MACD indicator above the double line zero axis die fork green released kinetic energy column, resize; KDJ targets three empty square area fell, neutral look at rebounding; RSI indicator neutral regional shocks, shocks to neutral; CCI indicator areaHeads up, rally. 　　Recommended interval transactions mainly silver. "Gold and silver trading Guide" 2012-02-20 Monday XAU/USD (spot gold): (1) short-term 1736 long, strict stop loss 1732, target 1742-1750 (2) near doMore strict stop loss 1718, target 1735-1750 XAG/USD (spot silver): 33.3 near long, strict stop loss 33, target 33.8-34.5 "today's focus on financial data" 2012-02-20 Monday United States Presidents day in Washington, United StatesClosed on the spot market, Asian and European normal trade paper gold, silver paper, normal trading TD experts: Chien Sun