stop-loss 1690.

Awaited breakthrough confirmed Thursday in the direction of Germany since June, the business climate index rose for the first time, some weakening due to the country's bond market jitters due to poor sales, pushed gold once exceeded 1700 maximum hit 1705, but then the rating agency Fitch lowered Portugal's debt rating adds greatly to the world's leading risk capitalAgain sold off gold are not immune, as of Friday before markets opened in Europe, gold price is close to 1685. Although the world's largest gold ETF SPDR Gold Trust holdings information display, continuous increase of the Fund has two trading days this week positions suggests that agencies buy strong. But the gold run, status of weaker gold prices andNot fundamentally changed. Due to the deepening of European debt crisis is beginning to anemic symptoms of a liquidity shortage in the global market. In Asian financial markets, for example, a year against the yen Monday on expanding cross currency basis swaps to minus 77 basis points since October 2008 the most broad, Thursday near 74 basis points, Japan very loose money market liquidity,One explanation is that the tension phenomenon, bankers and borrowers in Europe are trying to raise dollars on overseas markets at a lower cost of funds; Indonesia's Central Bank has launched a tool swtor power leveling, to Central Bank holdings of dollars to Exchange Indonesia rupiah notes, precisely to prevent the market from investors rush for the exits onto haven assets. In addition, Australia's two largest banks have delayed theNote Issuance Programme, because the costs are too high, although the variety of these bonds is generally regarded as safe, which also confirms the liquidity situation of tension. ����Market ischemia investors forced to cash in the gold market to make up for the European debt crisis-induced loss of other property, creating the current weak market in gold. Technical graphics on, and unlike unilateral downward trend last week, this week, HuangGold fell to quickly rebound, though before the rebound height not fallen, but decreases gradually narrowed, shows low start buying intervention too many differences increase, it is recommended that investors continue to wait and see, l breaking 1710 may be appropriate to go long, goal 1750 the old republic power leveling, stop-loss 1700; on the contrary, such as gold prices fell below 1675, then you should forge put warrant, below 1660 gallon, Target 1600, stop-loss 1690.