Around 380-400, you can consult the local gold price for details.
Shanghai gold exchange
Gold 9999
: 334.60 pounds per gram
Yuan.
Gold 9995
: 336.25 pounds per gram
Yuan dynasty (1206- 1368)
Spot gold (1630. 10, 0.00, 0.00%) closed at a xiaoyang line on Thursday, ending the plunge of the previous two days, and gold investors also breathed a sigh of relief temporarily. Yesterday, the trend of gold price was relatively stable, fluctuating within a narrow range around the line of 1626 all day. At the close, the data of Xinshengjinye Gold Quotes Software showed that spot gold closed at 1629.86 USD/oz, up by 6.72 USD/oz.
Huijin. Spot gold closed at a Xiaoyang line on Thursday, ending the sharp decline in the previous two days, and gold investors were temporarily relieved. Yesterday, the trend of gold price was relatively stable, fluctuating within a narrow range around the line of 1626 all day. At the close, the data of Xinshengjinye Gold Quotes Software showed that spot gold closed at 1629.86 USD/oz, up by 6.72 USD/oz.
Today is Easter holiday. As of yesterday, spot gold fell by $36.9 per ounce this week, or 2.2 1%, and closed at a negative line. Judging from the trend of gold prices in recent weeks, the overall trend is weak. Today, the United States will release March non-agricultural data, which is expected to set off another blood shed.
According to the data released by the United States yesterday on the number of people applying for unemployment benefits last week, the number decreased by 6,000 to 357,000, the lowest since April 2008, and the number of private jobs in the United States increased by 209,000 in March. A series of data highlights the employment recovery in the United States. These stronger-than-expected economic data have gradually cooled the market's expectations for QE3. If the non-agricultural employment data released today improves, the possibility of launching QE3 will be further weakened, which will further strengthen the US dollar, thus suppressing the trend of gold.
Although the price of gold held steady at 1626 on Thursday, it is hard to say that it will stabilize. Pay close attention to the impact of non-agricultural data on US monetary policy.
Gold price trend technology
From the hourly chart, spot gold rebounded after hitting a new low of 16 12.22 USD/oz, but the trend of gold is still weak. Although the bollinger band shrinks upwards, there is pressure on the upper rail. Coupled with today's Easter holiday, non-agricultural data will be released, and gold investors will take profits in order to avoid the risks brought by accidents, which also restricts the upside of gold prices.
On the daily line, spot gold has fallen below the important support of the golden section line 1624, and the double-top shape is obvious in the medium term, and the possibility of continuing to bottom out is not ruled out.