黄金分析

GOLDLYTICS
    Gold is firmly stuck in a range at the moment and until we get a considerable dollar move we will be moving sideways for the foreseeable.
    It has taken the market nearly two months to retrace $195 when it moved the same amount in 9 days. The tapering story, which personally I am getting a little bored with, continues to dictate market movement. The DOW sell off combined with a Gold rally is nothing out of the norm what we have to try and work out is are the US market ready to start reducing its asset purchases. I think the resounding consensus in the market is no.  The fear of even a small reduction in bond buy backs has already seen the Dow Industrial sell off 4.5% and gold rally. If the market really doesn’t like it we could see 1400 and above very quickly.
    The gold trade will play out until equities become attractive again. Investors are keeping cash in their banks ready for the equity play and are speculating or hedging risk by using this precious metal. When the equity market finally bottoms out you will see a huge reversal in gold sentiment.

黄金分析
     目前黄金牢牢困在一个范围内，我们可能会看到黄金在可预见的未来都是横向移动，然后才会大幅移动。
     黄金价格用了近两个月才重新回到195美元，而上回仅仅用了9天黄金就达到这个价格。对于美联储削减量化宽松政策的影响，我个人感到有点厌倦了，但它继续支配市场行情。道琼斯指数被抛售，黄金价格上涨，这并不意外，我们想了解的是美国市场是否已经做好开始削减资产购买的准备。我认为市场上非常明确的回应是没有。甚至只是对小幅减少债券购买的担忧就已经让道琼斯指数下跌4.5%，黄金价格上涨。如果市场真的不想实施削减，我们可能很快会见到1400以及更高的价格。
     黄金交易会一直持续，直到股票再次具有吸引力。投资者将现金存入银行以为交易股票做准备，他们通过购买黄金投机或对冲风险。当市场最终触底，我们会看到投资者对黄金情绪的一个巨大逆转。