Daily Remarkable news 1/22/2014

BOJ NO MONETARY POLICY CHANGE

Ends 2-day meeting today , Bank of Japan ( BOJ ) decided to keep monetary policy when the economy is growing again and escape deflation . Traders said the stimulus measures will have to wait until the new BOJ can assess the impact of the increase in consumption taxes began to be implemented from next April . AUD rose sharply this morning after Australia 's rising inflation expectations reduce the Reserve Bank of Australia ( RBA ) would cut interest rates in a meeting early next month .

The report 's statistics agency showed that Australian consumer price index ( CPI ) increased by 0.8 % of the country in the last quarter of 2013, higher than the 0.5 % forecast by analysts . Compared to the same period last year , Australia 's CPI rose 2.7 % , exceeding the 2.4 % forecast made ??earlier .

Economic information published today include minutes of meetings of the Bank of England ( BOE ) and the unemployment rate in the country. BOE can not move any policy changes at its meeting held on 09 / 01 last .

The analysts predicted , Britain's unemployment rate continued to decline from 7.4 % to 7.3 % , close to the BOE 's target of 7% . The pound will rise sharply if the country's unemployment rate fell faster than expected , accelerating the time of the BOE rate hike .

GOLD PRICE REDUCED BY optimistic economic forecasts

Gold prices fell more than 1 % in trading yesterday due to pressure from the positive economic news . The International Monetary Fund ( IMF ) has raised its forecast of global economic growth in 2014 to 3.7 % from 3.6 % forecast made ??in October last year . This is the first time the IMF improving global economic outlook in almost 2 years. U.S. economic growth is also forecast at 2.8 % , higher than the previous figure given was 2.6 % .

Currently investors are cautious ahead of Fed meeting takes place next week . If the Fed continues to cut program of quantitative easing at this meeting , will pressure gold prices fell sharply .

(sources: collection)

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Daily Remarkable news 1/16/2014

The greenback rose sharply after positive news

As we have seen , yesterday's session marked the " sublimation " of the greenback against most currencies in the basket of foreign currencies. USD -index index finished up 80.63 points from the opening up around 80.99 points to close at U.S. economic information received positive than predicted by experts . From the New York market in operation , investor sentiment was optimistic the Producer Price Index rose 0.4 % compared with a decrease of -0.1 % last month . In particular , the producer price index core PPI eliminates the cost of production increased food and energy rose 0.3 % compared with 0.1 % growth of the previous period . Not long after this information , the U.S. oil reserves continue to decline publication -7.7 million barrels, compared with forecasts for a decrease of -0.7 million barrels experts .

This is the information contained much sense to expect stability in the growth of the U.S. economy . In addition, the Beige Book report published two weeks before the Fed meeting also confirmed the growth rate of economic activity as production growth remained stable , consumer spending continues to rise , and the real estate market is still developing .
Looking through the stock market , the positive news that 7 out of 10 groups in the S & P 500 stocks rallied with the phone group , financial technology and more than 1.1 % . The close of this record has helped the Standard & Poor's 500 regain what was lost in the first session of 2014.

Looking at today's trading session , the market is waiting for a host of important information on the U.S. market . Among them is to be told , the consumer price index CPI and core U.S. market requirements for unemployment benefits . With what the U.S. economy is showing many experts continue to expect a new taper process for stimulus programs in the U.S. economy . Forecast , the greenback will maintain strong momentum for other currencies .

The common currency will remain under pressure ?

When the positive news for the U.S. economy are in place, that's when the currency basket of foreign currencies to meet pressure . The markets are waiting for the important information from the general area is also given the euro was created at sideways . Despite yesterday's price decline , however generally the recent trading , the euro is trading around 1.3620 dollars .

With what has been happening , sessions today and tomorrow is expected to be a lively session after the accumulation phase has formed . Expectations for the decline of the euro is still there ! More likely , the euro will only trading around 1:34 in the quarter 1/2014 .

 GOLD continues accumulating!

In terms of trade movements , after receive important information from the U.S. market , gold fell to continue trading around 1234 USD / oz , and then had to adjust the back end of the session . With information constantly positive , supported the greenback led many experts believe that gold will still face pressure . However, in general, investors should be cautious when gold is still in a period of time to accumulate and be supported by demand from the festive season in Asian countries .

Looking at the indicators of technical analysis , gold prices will likely continue to accumulate in the region 1225 - 1252 USD / oz before sustained decline . Forecast , today's trading session , gold approaching the 1230 USD / oz .

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Daily Remarkable news 1/15/2014

USD PRICE INCREASE SALES BY RETAIL POSITIVE

The greenback rose after a report showed U.S. retail sales stronger than expected growth . The U.S. Commerce Department yesterday said December retail sales rose 0.2 % , followed by 0.4 % rise in the previous month . Retail sales rose 0.7 % basic , exceeding the 0.4% rise forecast by economists. Analysts said the market , reported December retail sales did erase the worries of investors about the status of weak economic growth , which stems from the report made ??by the Ministry of U.S. Labor announced last weekend .

USD also supported the Fed chairman said Philadelphia Fed branch should end bond-buying program months before the end of 2014 . Meanwhile, Dallas Fed President said that reducing the speed scale QE program should be doubled ( U.S. $ 20 billion rather than $ 10 billion as at present) .

GOLD PRICE REDUCED AFTER AMERICAN ECONOMIC DATA

End the session yesterday , the world gold price fell $ 1.244 to 8 USD / ounce . U.S. stock markets rallied in trading last night made ??the appeal of gold diminished . In addition, statistics show that U.S. retail sales than expected positive also for investors interested in the reduction of gold .

Yesterday , trusts the world's largest gold SPDR Gold Trust remained net sellers tonnes 3:56 , hold volume decreased 789.56 tons . The trend of continuous net sellers of gold funds from last year has not yet ended .

Recently , gold always under pressure to reduce prices when the U.S. has good economic news or stock market gains , and vice versa .

Returning to physical gold demand in China , gold buying " good luck " and as a gift from the first month to reach '' the Lunar new year'' increased sharply . Analysts said strong buying support gold prices also go up .

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Daily Remarkable news 1/14/2014

The British pound fell sharply

GBP fell sharply in trading yesterday as the market fears the UK economy slowed in the final quarter of 2013. The report released last week showed growth of UK manufacturing output in November last 3-month low and much lower than the forecast of analysts . Meanwhile , yesterday JPY rise when the stock market plunged , increasing demand for haven assets . The U.S. stock index plunged the most in the last 2 months prior series forecasting corporate profits decline .

Economic Statistics today 's notable retail sales 12/ 2013 U.S. . USD is under pressure to reduce prices after reporting disappointing U.S. labor market published last week . If giving bad data than expected , the greenback is likely to continue to go down .

GOLD PRICE rose slightly Monday's session

Closed session last night in New York , gold for immediate delivery rose nearly 5 USD, to $ 1,253 / ounce , the highest level in the last 1 month . This precious metal prices supported after statistics released on Friday showed the U.S. job market is weak , meaning that the Fed can not accelerate downsizing of easing package amount of QE3 .

According to experts , with a strong rally last week , gold prices may also move beyond this week. However, investors should continue to monitor the economic data for the U.S. , by private employment report released last week is not enough to set a new trend for gold prices . If the data less optimistic about the U.S. economy continue to be made , the price of gold will have greater opportunities to continue to grow

(sources: collection)

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Daily Remarkable news 1/13/2014 (sources: collection)

US LABOR GROWTH LOWEST SINCE 2011

Report of the U.S. Department of Labor announced last week that , in the month 12/2013 , the U.S. economy added only 74,000 new jobs created , the lowest since May 11/2011 and lower than the median forecast average was 197,000 that analysts put out earlier . Nevertheless , the U.S. unemployment rate in the last month of 2013 decreased 0.3 percentage points to 6.7 % as more people gave up looking for work . According to analysts , the number of jobs was lower than expected due to unusually cold weather and this number is only temporary . However, this also has the ability to slow down the process of reduction of Fed stimulus . Dollar fell sharply against most major currencies after jobs data was released .

Disappointing report on the labor market creates downward pressure on the greenback in the short term . U.S. economic data released this week include retail sales , manufacturing index and consumer confidence . Dollar will decline further if economic data make less optimistic .

GOLD PRICE INCREASE  AFTER US LABOR REPORT

Gold prices rose sharply in trading last week when the U.S. Labor Department released employment report less positive than expected increase may not expect the Fed to speed reduction program QE3 quantitative easing . End of session 10/1 , the world gold price increased by 21 USD to 1.248 USD / ounce .

In opinion polls expert predicted the price of gold this week performed by Kitco News , have 12/23 feedback predicted price increase , 5 reviews forecasted prices fell , and 6 suggested that prices will horizontal scrolling . Participation in the weekly poll is gold trading companies , investment banks , trading houses commodity futures , fund managers , analysts and technical charts .

According to experts , with a strong rally last week , gold prices may also move beyond this week. However, investors should continue to monitor the economic data for the U.S. , by private employment report released last week is not enough to set a new trend for gold prices . If the data less optimistic about the U.S. economy continue to be made , the price of gold will have greater opportunities to continue to grow .

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Daily Remarkable news 1/10/2014 (sources: collection)

MARKET WAITING U.S. nonfarm PAYROLL

Investors await non-farm payroll of the U.S. will be announced today . This is important data affect the Fed's decision on QE3 . If non-farm payrolls positive , the Fed will likely cut more QE3 and put an end to the economic stimulus package in 2014. According to the average forecast of analysts , in December last U.S. economy added 196,000 new jobs created , lower than the figure of 203,000 in November , but higher than the average of 188.545 jobs May 11, 2013 . Positive employment data released today by ADP 4th and rising consumer confidence in recent months that many analysts expect job growth of 200,000 Americans will stand on the threshold of the third month in a row , this will be factors strongly support the dollar . In contrast , the greenback will take the pressure off if employment report disappointing .

ECB NO MONETARY POLICY CHANGE

Ends policy meeting yesterday , the European Central Bank ( ECB ) decided to keep interest rates at a record low of 0.25 % . The move is in line with the ECB's previous forecast of analysts .

In the press conference afterwards, ECB president Mario Draghi pledged interest rates will be maintained at current levels or lower in a long time and said the ECB has prepared plans and is ready to act if necessary . EUR has dropped to one -month low against the dollar after Draghi 's remarks .

However, the common European currency has risen again after ECB president said that the monetary policy of the ECB is being made in accordance with the current situation of the region . Observers said that the euro will continue to face downward pressure in the near future as inflation remained low and slow growth of the economy many members .

Also yesterday , the Bank of England ( BOE ) does not change the monetary policy rate unchanged at 0.5 % and maintain the asset purchase program at 375 billion pounds .

August of last year , Governor Mark Carney said the BOE will not raise interest rates until the unemployment rate fell to 7 % . However, the current unemployment rate of 7.4 % in the UK , close to the threshold goals. Even so , most economists expect interest rates will remain the same , at least until the end of 2014 . Most are predicting that the BoE will raise interest rates in 2015.

GOLD PRICE walked ahead of U.S. jobs data

Gold prices fluctuated in a narrow range of trading yesterday as investors awaited U.S. employment report published today to predict the direction of the gold price . Session ends 9/1 , the world gold price increased to U.S. $ 1,227.5 / ounce .

According to analysts , labor market statistics in December U.S. will be an important factor for the Fed's next steps towards easing program , in which the gold price is likely to be volatile in next time .

Many people predicted that U.S. employment figures will continue to rise creating downward pressure on gold . However, the price of this precious metal will be supported if the jobs report disappointed .

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Daily Remarkable news 1/9/2014 (sources: collection)

PRIVATE SECTOR JOBS U.S. increase

USD continues to maintain the momentum gained against most major currencies in the last session when job growth of the U.S. private sector to its highest level in 13 months shows that the economy 's largest world was recovering well . ADP report yesterday said employers in the U.S. private sector employers added 238,000 jobs during the month 12/2013 , higher than the 199,000 median forecast of analysts and the highest level since January 11/2012 . Data recently published by ADP may be a positive indicator for the employment report aggregate of U.S. Department of Labor announced the country tomorrow , including jobs in government and the private sector .

Minutes of meetings of the Committee 17-18/12/2013 day Federal Open Market ( FOMC ) were released yesterday showed that the majority of members are evaluating the effectiveness of QE3 weakened when the program is still continue. Fed officials insisted that the cuts stimulate the economy in the future will be done with careful consideration and there are no specific timetable for ending QE package .

MARKET MEETING awaiting the results of the ECB

Today the European Central Bank ( ECB ) will announce the results of monetary policy meetings in the context of the economic recovery is uneven across countries and members of regional inflation to remain low .

Data from the European statistical agency announced on 7/1 shows the month 12/2013 of the euro area fell from 0.9 % to 0.8 % , near the lowest level in the past 4 years .

Although ECB President Mario Draghi said in the recent assertion does not have the risk of deflation in the euro area and no need to cut interest rates further , however low inflation and prolonged recovery many weak economy will cause the ECB to consider further easing in monetary policy at this meeting .

World gold prices continue to fall

Gold prices continued to decline in trading yesterday as positive statistics of the U.S. economy increased expectations the Fed continues to cut quantitative easing program at its meeting later this month . Session ends 8/1 , world gold prices fell nearly 0.5 % to $ 1.225 / ounce .

Currently investors are waiting for the next economic information especially non-farm payroll announcement tomorrow to confirm more about the health of the U.S. economy . Strong recovery of the economy will create the world's largest downward pressure on gold prices .

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Daily Remarkable news 1/8/2014 (sources: collection)

TRADE DEFICIT DOWN MY LEAST 4 YEARS

Dollar rose against most major currencies during yesterday's trading session when the U.S. trade deficit fell to its lowest level in 4 years thanks to record exports increase . Report of the U.S. Commerce Department yesterday said the country's trade deficit this month 11/2013 down from USD 39.3 billion in October to 34.3 billion , lower than the median forecast of 40.2 billion and is the lowest since from January 11/2009 . Today will publish the minutes of the Fed policy meeting 17-18/12 last day of this agency . At the meeting , the Fed decided to cut -scale quantitative easing program from $ 85 billion per month to $ 75 billion with 9 votes in favor and 1 opposed opinions .

At a press conference shortly afterwards , Fed Chairman Ben Bernanke expects asset purchase program would be reduced to $ 10 billion at the end of the Fed's next meeting . However this is only his own judgment Bernanke , who will resign after on 31/ 1 to . Consequently , the Fed's meeting minutes will be investors to monitor more closely the views of the other members of the FOMC QE package of cuts in the future .

If most of the FOMC members concurred with the view to continue with QE3 cut at a regular rate , USD will be strongly supported . However, if the Fed members expressed hesitation and the subsequent decision of the agency is dependent on economic developments , the greenback will be under pressure to reduce prices .

Euro Area Inflation fell back

Impressive data on retail sales and German labor markets yesterday announced not much support for euro area inflation of the single currency fell back to near the lowest level in 4 years .

Reports yesterday showed German retail sales for the month of 11/2013 increased 1.5 % compared to the same period last year , higher than the forecast of 0.5 % . The number of unemployed fell 15,000 in November compared with a forecast increase of 9,000 analysts .

However, data from the European statistics agency announced yesterday showed inflation 12/ 2013 euro region declined from 0.9 % to 0.8 % , lower than expected and close to the lowest level in 4 years.

Last November , the European Central Bank ( ECB ) decided to cut the base rate from 0.5 % to 0:25 % in October after inflation of the euro fell sharply from 1.1 % to 0.7 % , the lowest since since 2009 .

Although ECB President Mario Draghi said in the recent assertion does not have the risk of deflation in the euro area and no need to cut interest rates further , however prolonged low inflation will cause the ECB to consider further easing in monetary policy at its meeting tomorrow .

GOLD PRICE REDUCTION UNDER PRESSURE strengthening of USD

Gold prices retreated in trading yesterday as a stronger dollar and the stock market began to rally back . End of session 7/1 , world gold prices fell 7 USD to 1.231 USD / ounce .

Gold under pressure to reduce prices when economic statistics yesterday showed more pronounced recovery in the U.S. economy increased expectations the Fed will continue to cut back stimulus at its meeting later this month . Global stock market rebound that also reduces the attractiveness of gold in the eyes of investors .

Currently investors are concentrating tracking of Fed meeting minutes released on Wednesday and non-farm payrolls was introduced in the 6th . The shrinking QE3 , as well as the positive recovery of the U.S. economy , have adversely affected the prospects for the gold price .

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Daily Remarkable news - january 7, 2014 (sources: collection)

AMERICAN GROWTH SLOW SERVICE IN 12 MONTHS

Report of the Institute of Supply Management ( ISM ) said yesterday , the U.S. non-manufacturing PMI for the month of 12/2013 dropped from 53.9 to 53.0 points , lower than the 54.6 median forecast of the analysts analysis . This is the 48th consecutive month the index stood above 50 points indicates the U.S. service sector continues to expand but the growth rate has slowed . Economic data has just announced that the Fed will have to consider before deciding whether to continue cutting program of quantitative easing at its meeting later this month .

Dollar fell against most major currencies as U.S. data low service expectations . Trend of the greenback this week depends on the Fed meeting minutes released tomorrow and employment data in the 6th .

With a ratio of 56 votes in favor and 26 votes against , Janet Yellen recently received approval from the U.S. Senate to become the 15th Chairman of the Federal Reserve and the first female chairman of the 100 -year history of the central bank this . Her 4-year term Yellen will begin on 01 / 02 after the second term of Chairman Ben Bernanke ends on 31 / 01 .

World gold prices volatile session

Closed session last night at the New York World gold prices nearly unchanged compared to the previous trading session . However, in a sudden turn gold price fell from $ 1.246 30 USD / ounce to $ 1.216 / ounce in a very short time before and bounced back to close at $ 1.238 / ounce .

Gold prices are being supported by the weakening of the global stock markets and the demand increases for physical gold in China ahead of the Lunar New Year . However, analysts said that gold prices will rise higher still need to have the impact factor more decisive , because the gold price outlook in 2014 is still being assessed with a pessimistic view .

On 6/1 , Janet Yellen was the U.S. Senate ratified officially become the next chairman of the Federal Reserve Ben Bernanke instead , the term will end at the end of this month . Ms. Yellen who is maintaining perspective easing to support growth - factors favor gold . However, the appointment of Ms. Yellen is not a surprise factor for the market .

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Daily Remarkable news - December 31, 2013 (sources: collection)

USD TOWARDS BEST YEAR SINCE 1979 VERSUS JPY

The dollar hit a five year high against the yen on track and set for the biggest annual increase in comparison with the Japanese currency in 34 years , after rising nearly 21 % in 2013. The split in the monetary policy of the U.S. and Japan are the main cause for the spectacular performances of the USD against JPY in the year, and can lead to more gains for the greenback in 2014 .

Brighter outlook for the global economy could lead to an increase in foreign investment by Japanese investors , this pressure continues to weigh on the yen , as the currency fell lows over the years with a number of currencies .

Many analysts forecast that Japan's currency will continue to depreciate early next year . However, the VAT hike in Japan in April could make the country's economy and sagging stock price and cause price increases for the yen . However, this currency will decline and the dollar back up to 110 yen at the end of 2014.

GOLD PRICE DOWN TOWARDS THE STRONGEST YEAR IN 3 DECADES

Closed session yesterday , spot gold prices fell 16 cents or 1.4 % decrease , to $ 1.197 / ounce . Trading volume is low due to investors are in the holiday season . Today will be the closing session of the 2013 international gold market . Gold prices are on track to complete five fastest drop since 1981 .

Since the U.S. Federal Reserve ( Fed ) refers to the ability to scale down stimulus because the economy has enough resources to sustainable recovery , many investors have been selling gold to turn to the other assets .

From the beginning of this year , gold prices have dropped approximately 30 % . Many predicted that in the new year 2014 , gold prices continued to be under pressure and can be reached almost 1.050 USD / ounce .

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Gold trading strategies of some trusted institutions - December 31, 2013

Gold opened the U.S. session last night dropped to 1204.50 , then hits high in 1209 when the euro rose sharply against the dollar . After U.S. economic data released flourishes , gold prices turned down in 1204 . Quiet trading throughout the day gold prices closed at 1204 .

Kitco - Gold Trading Strategy 12/31 Get up to 24 hours of trend : To increase slightly sideways Asian session Walking to the mitigation of Europe Reducing the U.S. session The trading range : 1202-1192 Trading strategy : Sell ??below 1202 , Stop Loss 1205 , Target 1192 expectations .

ScotiaMocatta - Identify trend gold price 12/31

Gold opened the U.S. session last night dropped to 1204.50 , then hits high in 1209 when the euro rose sharply against the dollar . After U.S. economic data released flourishes , gold prices turned down in 1204 . Quiet trading throughout the day gold prices closed at 1204 .

Thus, the price of gold stopped yesterday to end at 1204 . Metal has gradually moving higher than last week with the direction of travel from the landmark 1188 and ends on Tuesday 6 in 1218 . The support for the important trend is at 1181 and resistance is at 1222 , here is the top of a falling channel in 2 months . In a larger aspect , closed 2013 worth of gold at the lowest point of the minutes from 1181 to the year 1795 . Gold prices also reduce the risk trends .

Forex Yard - Gold Trading Strategy 12/31

Pivot : 1209

Key Strategy : Sell below 1209 target 1187 to 1180

Secondary strategy : If break on 1209 targets for 1219 -1227

Comment : The RSI has attacked the neutral region of 50 % and is reversing down .

The level of technical support

Resistance : 1227 -1219 - 1209

Current Price : 1200.2

Support levels: 1187 - 1180 - 1167

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Gold trading strategies of some trusted institutions - December 30, 2013

Last week , gold closed slightly up at 1214 , so this metal has closed alternating up and down in the last 8 weeks . However, the candle fell more platforms , going from 1361 to 1187 . 1180 lows could be tested again .

Forex Yard - Gold Trading Strategy Day 30/12

Pivot : 1202 Key Strategy : Buy on the 1202 targets for 1227 -1245 Secondary strategy : If break below 1202 target return 1187-1167 The level of technical support Resistance : 1266 -1245 - 1227 Current Price : 1212.8 Support levels: 1102 - 1187 - 1167

ScotiaMocatta - Identify trend gold price date 30/12

Last week , gold closed slightly up at 1214 , so this metal has closed alternating up and down in the last 8 weeks . However, the candle fell more platforms , going from 1361 to 1187 . 1180 lows could be tested again .

Prospects from Elliot wave , we find that the price is in wave C , which is the last in series 3 wave corrective wave from the 1921 level ( the peak in the month of 9/2011 ) . The potential target for wave C is 1155 , according to the Fibo 61.8 % rise from 2008 to 2011 , or 1044 , to the bottom of wave 4 .

RSI is at 35.2 , with support on level 20 , so that gold could continue falling before approaching the oversold territory .

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Daily Remarkable news - December 30, 2013 (sources: collection)

EUR / USD highs least 2 years

Common European currency rose to its highest level in the last 2 years against the dollar in the session 27/12 after speaking of the Central Bank of Germany and executive board member of the European Central Bank Jens Weidmann . Mr. Weidmann said that low inflation is not a reason to loosen monetary policy to keep interest rates low and can cause risks for political reform . EUR / USD rose close range 1:39 , the highest level in the last 2 years . However, the euro fell sharply quickly back then . Experts said that the market has over- reaction to his speech Weidmann .

In an interview on Monday 7 (28 /12) , ECB President Mario Draghi said that despite the crisis in the single currency area in Europe has not ended , but there are positive signs , including the recovery economic recovery in some countries , the trade imbalance has been reduced and the budget deficit has narrowed .

When asked about the issue at cut rates even lower after ECB reduced the base rate to 0:25 % in November , Mr Draghi said : " At this point , we see no need to do that. And we are not worried about deflation . "

GOLD PRICE THIS WEEK : OFFICE ENCLOSED WITH MOLD $ 1.200 / ounce ?

The world gold price increased slightly in the last session of the week from the force supported by physical buying from Asia . According to some analysts , the price of gold will move in a wide range in the next few days and still have the support of the demand in Asian markets , when consumers buy gold ahead of Chinese New Year in late January January .

In the survey of expert opinion on gold price forecast this week by the website Kitco News precious metals performed with 10/17 price forecast rose opinions , comments forecasts 5 discount , and 2 comments valuation sideways. Participation in the weekly poll gold trading companies , investment banks , trading houses and commodity futures expert technical analysis chart .

According to gold traders , the majority of the activities in the international gold market this week , especially before the end of 2013 , will be the profit taking , closing the books of investors . In particular , the buying activity to close the state 's short-selling investors will likely dominate, created to support the gold price . Recently, gold has been strong because short sales tend to decrease continuously .

Mr. Sterling Smith , an expert in commodity futures markets of Citi's Institutional Client Group , said that gold price movements this week will depend on the ability to keep the gold price has been $ 1.200 mold / ounce or not . As long as the gold market maintained a 1,200 USD / ounce , gold is likely to have momentum . But if gold prices fall below 1.200 USD / ounce , the market will sell more than buy .

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Daily Remarkable news - December 27, 2013 (sources: collection)

USD / JPY reached almost 105

USD / JPY hit 105 threshold for the first time in more than 5 years as the market expects the central bank of Japan ( BOJ ) will continue the economic stimulus package unmatched in its context of the Federal Reserve U.S. ( Fed ) reduced package of quantitative easing when the U.S. economy recovers. According to the minutes of the policy meeting published yesterday , the BOJ members expressed concern slowing growth of the Japanese economy by the impact of the tax increase will affect the inflation target of the agency .

The Japanese government decided to raise consumption tax from 5 % to 8 % starting from January 4/2014 and up 10 % in mid- 2015. Action of the tax increase Japanese government is expected to make people temporarily tighten spending .

It is said that Japan 's central bank is likely to further loosen monetary policy by pumping more money into the economy in order to achieve the inflation target . The inflation rate in Japan increased 1.2 % in November , the highest level in the past 5 years , but still far from the BOJ's target of 2% .

Most analysts are predicting that the yen will continue to decline in 2014 and is expected USD / JPY will be hitting 107 in the first quarter and may continue to rise if the BOJ increased regulation 110 scale asset purchase program after the decision of the government to raise taxes .

GOLD MARKET STABILITY OF THE DAY LAST YEAR

In trading yesterday , the world gold market remain stable above 1.200 USD / ounce set two days earlier . Today there are no important economic news is announced , so the market is expected to continue to fluctuate in a narrow range .

Thus, up to this point , gold has established five biggest decline in more than three decades due to strong stock market and expectations of economic recovery threatening global security role shelter full of gold . As a result , compared with the first set prices , gold prices have slipped nearly 30 % and officially ended 12 years of continuous increase chain .

The analysts and investors noted that gold prices will continue to slip in the next year , however , they do not think that gold will re- develop with a script like this year . Accordingly , gold prices may continue to go down in the first year , however , the threshold of 1.050 USD / ounce will be an important support level of this precious metal prices .

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Gold trading strategies of some trusted institutions - December 27, 2013

Amount of people applying for unemployment benefits fell by 42,000 arrivals in the U.S. , only 338,000 views in the last week 12/2013 . This week there is not much economic data due for Christmas . Gold prices rose last night due to the unemployment rate fell , while oil prices fluctuated in a narrow range .

KITCO - gold day trading strategy 27/12 Get up to 24 hours of trend : To increase slightly sideways Asian session Increase of Europe Reducing the U.S. session The trading range : 1214 to 1204 . Trading strategy : Sell ??below 1214 , Stop loss 1217 , Target 1204 expectations .

Forex Yard - Gold Trading Strategy Day 27/12

The level of technical support

Resistance : 1245 -1227 - 1215

Current Price : 1211.2

Support levels: 1180 - 1167 - 1155

Pivot : 1215

The main strategy

Sell ??below 1215 target for the 1180-1167

Secondary strategy : If break 1215 targets for 1227-1245

Commentary: Evolution longer downward trend if prices do not go beyond 1215 resistance .

NextVIEW - day gold trading strategy 27/12

Of people applying for unemployment benefits fell by 42,000 arrivals in the U.S. , only 338,000 views in the last week 12/2013 . This week there is not much economic data due for Christmas . Gold prices rose last night due to the unemployment rate fell , while oil prices fluctuated in a narrow range .

Gold prices have rebounded and are now fluctuating in the range from 1204.00 to 1215.00 USD / ounce . Forecast gold prices will trade at around $ 1,220.00 / ounce before falling back likely in early May 1/2014 . The support for the end of the year is determined at $ 1,195.00 / ounce .

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Gold trading strategies of some trusted institutions - December 24, 2013

Gold dropped to 1202.50 U.S. session open , then increased to the highest level during the day at 1204.50 as U.S. economic data showed personal consumption rose sharply . Finally , the metal turned down when global stock markets climb to a record high , making gold market closed at its lowest level in 1198 version .

Forex Yard - Gold Trading Strategy Day 24/12

The level of technical support Resistance : 1245 -1227 - 1215 Current Price : 1196.9 Support levels: 1180 - 1167 - 1155 Pivot : 1215 The main strategy : Sell ??below 1215 target for the 1180-1167

Secondary strategy : If break 1215 targets for 1227-1245

Comment : The RSI is bearish and falling longer than expected .

Identify trends ScotiaMocatta gold 24/12

Gold dropped to 1202.50 U.S. session open , then increased to the highest level during the day at 1204.50 as U.S. economic data showed personal consumption rose sharply . Finally , the metal turned down when global stock markets climb to a record high , making gold market closed at its lowest level in 1198 version .

Thus, gold has stopped at 1198 . Support is at its lowest level in 1180 with the highest resistance of Thursday 5 weeks ago around 1227 . RSI is at 37.48 with support xuong19.74 reduced compared to the previous low , because gold could fall further before approaching the oversold territory .

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Daily Remarkable news - December 24, 2013 (sources: collection)

PROSPECTS OF U.S. $ 2014

At its meeting on 17 - 18/12 , the U.S. Federal Reserve ( Fed ) decision to cut $ 10 billion in quantitative easing ( QE3 ) worth $ 85 billion to $ 75 billion per month . And QE package will likely be reduced after each meeting of Fed policy , the economy improved further . Speaking at a press conference after the decision , Fed Chairman Ben Bernanke said the Fed is likely to cut $ 10 billion more after each session to . According to the Bloomberg , the Fed will reduce the size of $ 10 billion QE / time at 7 the next meeting and QE program ended in December 12/2014 .

Fed's ability to continue shrinking and terminating easing program in 2014 led analysts believe that USD will continue to rise in the near future. The greenback is expected to maintain the momentum gained sharply against the JPY by ADU and the central banks of Japan and Australia are likely to further loosen monetary policy .

If the eurozone economy continued to show slow recovery next year and inflation of the region remain low , common European currency will decline sharply against the dollar . In contrast , the decline of the euro will be limited.

Meanwhile , the UK economy has shown strong growth in recent years and the unemployment rate fell sharply that the Bank of England to consider raising interest rates sooner than expected . Therefore, the difficult market witnessed sharp appreciation of the USD against GBP .

GOLD PRICE REDUCED DEPTH MAY CONTINUE

The gold market is moving into the quiet session last year with a year of the darkest events in the past 3 decades . Many people believe that gold prices will continue to go down in 2014.

Since the U.S. Federal Reserve ( Fed ) refers to the ability to scale down stimulus because the economy has enough resources to sustainable recovery , many investors have been selling gold to turn to the other assets .

From the beginning of this year , gold prices have dropped approximately 30 % . Many predicted that in the new year 2014 , gold will breach the lows of the month 5/2010 which the threshold is $ 1.050 / ounce .

Daily Remarkable news - December 23, 2013 (sources: collection)

Third quarter GDP GROWTH EXPECTED JOURNEY OF AMERICA

The report released last week by the U.S. Commerce Department showed that U.S. GDP third quarter increased 4.1 % compared to the same period last year , higher than the 3.6 % growth rate given earlier this month and the high growth rate most of the U.S. economy since May 3/2011 . Strong recovery of the U.S. economy in recent years is the basis for the Fed decided to cut $ 10 billion in quantitative easing ( QE3 ) worth $ 85 billion to $ 75 billion per month . And QE package will likely be reduced after each meeting of Fed policy , the economy improved further .

Speaking at a press conference after the decision , Fed Chairman Ben Bernanke said the Fed is likely to cut $ 10 billion more after each session to . According to the Bloomberg , the Fed will reduce the size of $ 10 billion QE / time at 7 the next meeting and QE program ended in December 12/2014 .

The financial market is not expected to change much this week as most of the major markets entered a long holiday .

GOLD PRICE THIS WEEK : ability to tension

World gold prices surged 1.3 % to $ 1.203 / ounce in trading last week . For the whole week , gold prices fell 2.8 % . According to observers , this rally in gold prices is due to the purchase is the status of short-selling investors and some investors bargain hunting . However, gold still has a week to decide devaluation cut the size of quantitative easing that the Fed launched QE3 on Wednesday .

In session 20/12 , the largest gold trust fund SPDR Gold Trust, the world suddenly bought a net 5.4 tonnes of gold , raised its holdings to 814.2 tonnes . In week 4 of the previous session , funds have been net sellers , with total sales is 18.9 tonnes of gold .

In opinion polls expert predicted gold prices this week by website specializing in precious metals have done Kitco News 8/23 feedback predicted price increase , 11 reviews forecasted prices fell , and 4 the opinion that prices will move sideways. Participation in the weekly poll is gold trading companies , investment banks , commodity traders futures , fund managers , professionals and technical charts .

Analysts said the precious metal broke the psychological level $ 1.200 / ounce in the previous session Thursday , but the bounce back in session Friday. The market is very difficult to see whether the rise in the Friday session continues this week or not .

But there are different views on the gold price this week , experts said that gold trading volume will decrease , leading to a higher degree of price volatility . This week , Comex will close early on Tuesday and leave Wednesday 's Trading Christmas. Transactions will return to normal on Thursday .

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Gold trading strategies of some trusted institutions - December 23, 2013

The price of gold fell to $ 1,186.50 / ounce last week but was able to recover the cost of $ 1,200.00 / ounce on 6th last night .

Walking to mitigate the Asian session Increase of Europe Reducing the U.S. session The trading range : 1207 to 1192 . Trading strategy : Sales in 1205 / 07 , Stop loss 1211 target 1192 expectations . NextVIEW - Business Strategy gold , oil and the day 23/12

Kitco - Gold Trading Strategy Day 23/12

Get up to 24 hours of trend :


The price of gold fell to $ 1,186.50 / ounce last week but was able to recover the cost of $ 1,200.00 / ounce on 6th last night .

This week , your body will revolve around the price of gold on the support area $ 1,180.00 / ounce , the gold price if this support is penetrated , the next resistance level is $ 1,100.00 turn / ounce and 1,050 , 00 USD / ounce . Conversely , if the gold price remains above $ 1,200.00 / ounce , the gold price may well come back up to the level of $ 1,300.00 / ounce and $ 1,400.00 / ounce .

Forex Yard - Gold Trading Strategy Day 23/12

The level of technical support

Resistance : 1245 -1227 - 1215

Current Price : 1201.9

Support levels: 1180 - 1167 - 1155

Pivot : 1225

The main strategy :

Sell ??below 1225 target for the 1180-1167

Secondary strategy : If break 1215 targets for 1227-1245

Verdict : If 1225 was the resistance movement was downward prices .

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Daily Remarkable news - December 20, 2013 (sources: collection)

BOJ NO MONETARY POLICY CHANGE

End of regular policy meeting today , Bank of Japan ( BOJ ) is committed to maintain the asset purchase program at 60-70 trillion yen per year ( equivalent to about 700 billion dollars ) . BOJ Governor Kuroda said Japan's inflation is currently at 1% and loose monetary policy will continue to be maintained until inflation reaches 2 % target . According to Hideo Kumano , an economist at Dai- ichi Life Research Institute and a former BOJ official , the yen slid after cuts announced quantitative easing program by the Fed will support the sales tax increase Japan 's government in April next year .

However, the BOJ also said the impact of the consumption tax increase policy , the Japanese economy is expected to continue to recover at a moderate level and growth rate can be decreased after the tax increase was applied policy month of 4/2014 .

TOWARDS ESTABLISHING THE EUROPEAN UNION BANK

European leaders began a summit meeting lasts two days from yesterday (19 /12) for signing the coalition agreement the bank. It is expected that this will be a unique monitoring system for banks in the euro area and can provide financial support if needed .

Union Bank is considered necessary to restore the confidence of investors in the eurozone after that weak banks caused by the impact of the financial crisis .

WORLD GOLD PRICES DOWN THE LEAST 3 YEARS OF RELIGIOUS

Gold prices fell more than 30 USD in session yesterday and is now near its lowest level in the last 3 years shall be established in June . Experts said that this sharp decline is the result of gold from selling activities of investors after Fed QE3 announced cuts of $ 85 billion to $ 75 billion per month today 18/12 .

The gold price is currently facing pressure from all sides . Fed QE3 means cutting the amount of money pumped into the market was not as big as before , and this is a big disadvantage factor for gold . In addition, low inflation , a stronger dollar , the economic recovery and the stock market to the point that other factors caused investors no longer want to hold gold .

Today, the largest gold trust fund SPDR Gold Trust the world with a net sale of 3.9 tonnes of gold , while reducing the volume of 808.7 tons of gold holdings . From the beginning of next week now , this fund have been net sellers , with total sales up to 18.9 tonnes of gold .

Some experts said that , on the technical aspects of this sharp decline of gold is opening up opportunities for a rally . However , most analysts believe that gold prices will not have a positive outlook in the short term . With the key support level of 1.200 USD / ounce , the gold price fell further risk .

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