Life has only directions, and there is no immutable road, along this direction, there are many different roads in the middle, there are flat avenues, there are small paths, some twists and turns, some muddy, and even traps, there are abysses. Maybe in the end, we may not be able to achieve the ideals in our hearts, but we can't just sit back and wait. As long as we walk, there will never be a dead end, and what can really make us desperate is only our own heart. We all know that there must be a road before the car reaches the mountain, and the boat is naturally straight to the bridge, and I also believe that the mountains and rivers are full of doubts and there is no way, and the willows and flowers are bright and the philosophy of another village. But when the problem arises, he is immersed in troubles and cannot extricate himself. As long as you take a step away from the matter and look at it from another angle, you will know that there is no endless road.
In early trading in Asia on Friday (April 12), spot gold rose slightly, once refreshing its all-time high to $2,379.36 per ounce. Gold prices rose nearly $40 on Thursday, hitting an intraday high of $2,377.60 an ounce to close at $2,372.26 an ounce, after U.S. producer price data came in lower than expected and continued jobless claims rose to their highest since January, boosting hopes of a U.S. interest rate cut this year, while ongoing geopolitical concerns added to gold's appeal amid U.S. officials said Iran was expected to hit Israel.
U.S. producer prices rose only slightly in March, with the impact of higher service prices partially offset by lower commodity prices, easing fears of a pickup in inflation. The Labor Department's report released on Thursday led economists to expect only a modest rise in the personal consumption expenditures (PCE) price index, which was favored by the Federal Reserve in setting monetary policy, relative to strong consumer price data for March. High inflation and a persistently strong labor market have prompted financial markets and most economists to push back expectations for the timing of the Fed's first rate cut from June to September. The minutes of the Federal Reserve's March 19-20 policy meeting, released on Wednesday, also showed that policymakers are concerned that inflation progress may have stalled.
The U.S. Labor Department's Bureau of Labor Statistics said the producer price index (PPI) for final demand rose 0.2% month-on-month in March, with economists surveyed predicting a 0.3% increase. The February reading confirmed a 0.6% increase. PPI rose 2.1% year-on-year in March and 1.6% in February. The PPI report showed that service prices rose 0.3% in March, the same increase as in February. This was mainly due to a 3.1% surge in prices for securities brokerage, trading, investment advice and related services. Portfolio management fees increased by 0.5%. Portfolio management fees, health care, hotel and motel accommodation costs, and airline fares are all used to calculate the PCE price index.
4.12 Spot Gold Market Analysis:
Gold opened yesterday near 2332, after a slight rise in Asia, the European market fell trend, testing the lower low support level near 2326 and began to rebound upward trend, the U.S. market went volatile operation, the end of the day continued to rise, the end of the day to refresh the new high to 2377 line of the record high position, the daily line directly charged the big yang trend. On the daily line, the Bollinger band is already an opening upward running trend, the K-line is running above the upper rail, the MA5 and MA10 moving averages are opening upwards divergence in the running state, the MACD energy column is running in large quantities, the KDJ indicator is a golden cross, the daily cycle is still much lower today, continue to see the historical high, gold will accelerate the skyrocket, continue to wait for the refresh of the historical high, and do long to see the rise. Short-term look at the Bollinger band opening upward, K-line near the upper shock, MA5 and MA10 moving averages have turned upwards divergence running state, MACD energy column is gradually shrinking the operation, KDJ indicator golden cross, short-term look at today's gold will skyrocket,
4.12 Spot gold operation suggestions:
1. Go long near 2368/2370 below, stop loss 6.5 US dollars, and target 2382-2396-2420;
2. Test long near 2347/2350 at any time, stop loss 6.5 US dollars, target 2362-2388;
3. Short near 2420/2422 above, stop loss of $6.5, target 2410-2400;
4. If the market changes, we will give suggestions separately, please pay attention;
4.12 Spot White Bank Analysis:
Silver opened yesterday near 27.92, Asia and Europe are maintained in a small range of shocks, the U.S. market tested the low support below the 27.76 line and then soared, the end of the direct surge to refresh the new intraday high to around 28.48, and then the high shock closed, the daily line directly charged the big yang trend. On the daily line, look at the Bollinger band opening upward trend, the K-line near the upper end of the continuous rise, MA5 and MA10 moving averages at a low level turned upward, the MACD energy column volume running trend, the KDJ indicator death fork, the daily line is very strong, continue to do long dips today, or look at a wave of skyrocketing, there is a new high trend. In the short term, the Bollinger bands have been open to diverge upward, the K-line has rebounded at a low level, the middle track of the MA5 and MA10 moving averages has begun to run upward, the MACD energy column is gradually shrinking, the KDJ indicator is a golden cross, and the short-term look continues to see the skyrocketing, and there are new highs.
4.12 Spot Silver Operation Suggestions:
1. Go long near 28/28.23 below, stop loss 27.83 US dollars, target 28.72-29.65;
2. Test the long near 27.64/27.75 at any time, stop loss 27.48 US dollars, and target 28.23-29;
3. Short near 29.52/29.68 above, stop loss 29.86 US dollars, target 29-28.63;
4. If the market changes, we will give suggestions separately, please pay attention;
4.12 Crude Oil Market Analysis:
Crude oil opened yesterday near 86.3, in the Asian market shock trend, the European market refreshed the intraday high to a strong pressure position near 86.6, and then began to fall, the U.S. market continued to decline, the end of the day to refresh the new intraday low to 84.8 near the support level, the daily line to collect a small negative trend. On the daily line, the Bollinger band is gradually flattening, the K-line upper pressure position is running below, the MA5 and MA10 moving averages are starting to turn around and diverge downward, the MACD energy column is running in large quantities, the KDJ indicator is a dead fork, and the daily cycle looks at the trend of rushing high and falling back today, high, today is still high, continue to see new lows, and there is still room to fall. Short-term look at the Bollinger band opening to run downward, K-line in the middle of the track to suppress the fall, MA5 and MA10 moving averages have been downward divergence in the running trend, MACD energy column shrinking operation, KDJ indicator dead fork, short-term look at the high, continue to see the fall, today there is still room to fall, rebound short to see the weak downward trend.
4.12 Crude Oil Operation Suggestions:
1. Test short near 85.8/86 above, stop loss 87, target 83.2-82;
2. Test 87.3/87.6 near short at any time, stop loss 88.5, and look at 85-82.8 under the target;
3. Go long near 81.5/81.8 below, stop loss 80.6, target 82.8-84;
4. If the market changes, we will give suggestions separately, please pay attention;
(The above article was originally written by Xiaobing Finance, please indicate the source for reprinting.) Xiaobing Financial Management warmly reminds that investment is risky, and you need to be cautious when entering the market. The above only represents the personal views of Xiaobing Financial Management, and is not used as a basis for operation, and the operation is at your own risk)