Today’s chart International (also known as and) is a current transaction, which is delivered after the transaction is completed or within a few days.
Spot gold market without dealer, market norms, strong self-discipline, sound laws and regulations.
Physical gold is heavily traded every day, some $20 trillion a day.
Therefore, no consortium or institution can artificially manipulate such a huge market, completely depend on the spontaneous regulation of the market.
Spot gold market without dealer, market norms, strong self-discipline, sound laws and regulations.
The global gold market was volatile on Friday after 203,000 jobs were added in November, beating expectations of 185,000.
Gold first fell to 1213 in 1230 after a support reversal of the day’s decline, the highest rebound hit 1244.5, then came under pressure again fell almost flat close 1228.8.
The closely watched November jobs report, released on December 6, showed further improvement in the U.S. labor market.
That has strengthened the hawks within the Fed, raising the chances that it will start tapering quantitative easing (QE) this month.
International Today:
From the point of view of one hour, after a small fall in the morning opening, it rebounded, and stood on the forest track 1229 in the short term, MA60(1232) formed short-term resistance on the upper side, and the attached index MACD dead fork energy attenuated, DEA and DIF were glued below the 0 axis, can it be converted into gold fork? Also observe, KDJ diverges upward after aggregation.
RSI began to go flat after bonding, the hour line can continue to rebound in the short term, the upper need to pay attention to 1232 resistance.
Below the support first look at 1223, below the lower support to continue to look at the lower 1212, strong support will focus on the 1200 mark.
The ABOVE RESISTANCE FIRST LOOK at 1232, THE breakthrough resistance will extend TO see Friday’s high 1244, strong resistance at the 20 average near 1252.
The above is about the “today’s international gold market” related introduction