Qingdao International Nonferrous Metals High Commission Rebate

Qingdao International Nonferrous Metals Trading Center, asphalt, copper, aluminum nickel, Qingguo Bank, ICBC custody, phone QQ: membership recruitment, agency, account opening, investment, high commission Qingdao International Platform Information Stimulated by the political uncertainty caused by the US election The market's risk aversion sentiment has been boosted, putting pressure on the US dollar and boosting gold. The current market focus is on the US presidential election. The FBI (B) has restarted the investigation of Hillary Clinton's email scandal, which is good for its rival Trump. The latest poll data shows that Trump's support rate is 1 percentage point ahead of Hillary. If Trump is elected, he will take immediate action on issues such as trade and immigration, possibly even in areas related to public safety. Therefore, the uncertainty that Trump's coming to power may bring will increase market volatility and risk aversion, and may also have an impact on the exchange rate trends of various countries, corporate investment, capital flows, etc. Overall, the uncertainty about the U.S. election has caused a sharp increase in market risk aversion, boosting gold price trends.
The Federal Reserve kept interest rates unchanged but signaled a possible rate hike next month. The Federal Reserve announced its latest monthly interest rate decision on Wednesday, keeping interest rates unchanged at .%.%, in line with expectations. Subsequent policy statements showed that the Fed believed the job market was solid and inflation was moving toward its % target, which was more optimistic than their statement last month that inflation would remain low in the near term. The statement also pointed out that the possibility of raising interest rates continues to rise, reiterating that economic conditions will ensure that M will gradually raise the federal funds rate. However, the market's reaction to this interest rate decision was limited, mainly because the uncertainty of the U.S. election overshadowed the impact of the interest rate decision on the market. In addition, the hawkish expectations of this interest rate decision have been digested by the market in advance.
The main reason for the surge in speculative long positions in gold is rising risk aversion. Last week, gold decreased by . tons, total holdings decreased by . tons, and silver decreased by . tons to . tons. Gold and silver positions remain at high levels during the year. The position report shows that during the week of March, net speculative long positions in gold futures increased, while net speculative long positions in silver futures decreased, with contracts in hand. In terms of changes and positions, gold and silver still remain near the highs of the year, indicating that investors are optimistic about the medium-term trend. Last week, speculative net long positions in gold increased significantly for the first time in four weeks. Speculative positions began to increase, indicating the risk of a short-term decline in gold. has been eliminated. In addition, risk events gather at the end of the year, and risk aversion will continue to push up gold and silver prices.
Before the Federal Reserve raises interest rates, the negative factors for gold have been basically eliminated, and now may be the best opportunity to deploy gold at the end of the year. First of all, the Fed's interest rate decision was more hawkish and hinted that it may raise interest rates this month. However, this did not boost the U.S. dollar index, indicating that the Fed's expectations for a monthly interest rate hike have been digested by the market, and the biggest negative factor for gold this year has been eliminated. Secondly, risk events are on the rise. Risk events such as the U.S. presidential election, Scottish independence referendum, and Italian constitutional referendum are coming one after another. Risk aversion will continue to boost gold prices. From a technical point of view, gold bulls are gradually taking advantage, and the overall trend has become stronger. Investors can seize the opportunity to go long on dips.
Silver prices overall remained strong this week, continuing the previous volatile upward pattern. The short-term moving average on the daily chart turns upward, the short-term upward trend is good, and the market outlook may be volatile and stronger. Judging from the MD indicator on the daily chart, the golden cross below the zero axis of the fast and slow lines diverges upward, the red energy column increases rapidly, and the price of silver is expected to continue to strengthen. On the whole, silver has returned to an upward trend, and active buying in the market is also increasing. Investors can seize the opportunity to go long on dips.
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