Zhenjiang Commodity Trading Center, Zhenjiang Bank: Non-agriculture is coming, are you ready?

[Fundamental analysis of Zhenjiang Commodity Trading Center]
Physical demand
The latest news on the year, month and day, the world's largest
gold
positions have increased from the previous day, and the current net position is. Since the beginning of the year, the cumulative increase in holdings has been close to tons, refreshing the largest single-month increase in holdings in recent years.
With the high-frequency holding operations of institutions and organizations, the speed of the global physical consumption system is also growing. The latest data shows that the annual demand for gold jewelry in India will grow to 100 million US dollars

, of which institutional demand will grow by, Demand grows. At the same time, as China's Spring Festival holiday approaches, physical demand has further increased.
Zhenjiang Commodity Trading Center
It is estimated that China's physical consumption will soon exceed tons in this year. Physical demand may consolidate the bottom trend.
National Data
This week, the market’s focus has undoubtedly shifted to the thrilling US monthly non-farm payrolls report on Friday (May 1). However, as this major risk is about to come, the poor performance of data such as the number of layoffs and employment reports of challenger companies, which are forward-looking
indicators
, has triggered concerns in the market, and the U.S. dollar index also responded during the day. The decline has cast a pall over the mood of investors who are looking forward to this non-agricultural employment.
Data released by the American Management Association on Wednesday showed that the U.S. non-employment index recorded a higher-than-expected monthly value from positive to negative, and the employment sub-index fell sharply to the previous value from positive to negative
Previously announced The U.S. monthly industry index fell from the previous value to the expected level. The employment sub-sector hit a new low since January. The number of employed people has been recorded, with the increase exceeding 10,000 for five consecutive months, but hitting a low since January, and an increase of 10,000 people is expected.
Data released by the U.S. Department of Labor on Thursday showed that the actual number of initial jobless claims (thousands) in the U.S. last week was still slightly smaller than last week.
Affected by the downturn in forward-looking data, the non-agricultural data forecast this time has also been revised downwards. The current market estimate is that the non-agricultural employment population will increase this time, and the unemployment rate will remain unchanged if it is lower than the previous value.
In
Zhenjiang Commodity Trading Center
From a point of view, the U.S. non-agricultural data has been at a high level for twelve consecutive months. The focus this time is not whether it can be higher than the previous value. It is the watershed point of the annual average. If the strong average is still maintained, it will have little impact on the change in the timing of the Fed's interest rate hike. However, as a short-term market expected impact, it has brought support to the lower part of the precious metals market to a certain extent.
Risky event
Conjecture about Grexit from the European Union has pervaded the international investment market recently. It comes from the continued fermentation of the new Greek government's dissatisfaction with the austerity plan. But yesterday the European Central Bank struck a blow and announced that it would stop accepting Greek bonds as collateral in financing operations, thereby shifting the burden of financing from the banking industry to the Greek Central Bank and putting Greece into isolation. This measure cut off one of the only important sources of funds for Greece, forcing the left-wing Greek government that had just taken office to bow its head again and continue to implement the austerity plan.
The Brexit rumors are self-defeating. The decline in market risk sentiment has also given some fermentation to short-selling forces.
Recently, the international investment market has been subject to repeated fluctuations in bubble data due to global economic easing and hedging demand, and the precious metals market has also emerged from the disorderly roller coaster market of a larger cycle.
Zhenjiang Commodity Trading Center
It is recommended that investors should focus on short-term profits in the near future and do a good job in risk control. Don't blindly guess the top or bottom.
[
Zhenjiang Commodity Trading Center
Technical Analysis]
Since the beginning of this week, the international spot gold
gold price
has shown a weak downward revision trend. So far, the US dollar has been unilaterally downward this week. The line shape is once again close to the bottom of the lower lead of the previous bottom.
Zhenjiang Commodity Trading Center
From the perspective of the disk shape, the weekly large cycle level is due to the existence of the golden needle bottoming negative column in the early stage. Speculative long buying still exists below, and this position is also very close to the recent weekly cycle. An important level of resistance. This week's line is currently in the form of a negative column, and the consolidation was once close to the previous bottom low. The derivative forms diverge into two trends, one is direct recovery, and the other is high and wide fluctuations. The probability of further upside in the short term to reach new highs is small. Zhenjiang Commodity Trading Center
Based on the current technical indicators, the power of the bulls has been further weakened, but it has not broken away from the strong pattern of the large cycle. It is a typical trend of upward attack and retracement repair.
Zhenjiang Commodity Trading Center
On the daily line, the long-term weak downward trend has diverged. The current line has entered the weak middle and lower channel, but the opening shows signs of shrinking, consolidating and compressing the trend. At this time, the trend of comments is still reversed. It's too early. At present, the daily double bottom is formed nearby at the bottom, and the top form is formed nearby at the same time. The box shape is formed. It has become a new range in the near future, and the bullish divide remains nearby. The current technical form has formed a shock consolidation in the weak range, and we need to wait for fundamental support to break through.
The current indicator line divergence in the small cycle still exists, the long and short competition is fierce, and the narrow range oscillation trend is still spreading. Zhenjiang Commodity Trading Center
Based on the current evening super data, the expected volatility of the white market is relatively small.
[Zhenjiang Commodity Trading Center
Gold]
Just go short and do long pairs
[Zhenjiang Commodity Trading Center
Silver
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Zhenjiang Commodity Center Zhenjiang Silver’s Today’s Strategy
Zhenjiang Silver
Go long on dips. Zhenjiang Bank
Focus on resistance and support
Zhenjiang Commodity Trading Center
Specific suggestions are as follows
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Strict stop-loss targets for aggressive investors
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Strict stop-loss target for long purchases near a stable person
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Strict stop-loss target for short purchases near a stable person