Hello! Last week, the Greek debt problem made the financial market turbulent, and some European officials even proposed to set up a financial firewall to prevent the European debt crisis from spreading further. However, the prices of foreign exchange market and commodity market are in range oscillation. The international spot gold price fell slightly to 1.720 USD/oz after encountering resistance near 1.750 USD/oz, indicating that the short-term gold price was under heavy selling pressure.

Greek austerity measures were passed, but the boost to the euro was still limited. Gold continues to be under pressure from a stronger dollar. Gold fell sharply after failing to break through the lofty resistance level of 1770 on February 3, and then fell for more than a week, showing a weak short-term performance. At present, it is recommended to leave the market for a short time. At present, it is suggested to buy short-term at 1735 and try short-term at 1750. Silver postponed 7000-7050 to close more orders and buy short orders.