Analysis of gold prices today – July 6, 2012

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Affected the gold market on Thursday, a slight negative cycle, while certainly will diminish the desire of traders to take risks. With the announcement of non-farm payroll later in the day, it is likely not to do a lot of traders simply acceleration and exposure to risky assets such as gold.

However, it is very exciting to see interest in this market after this announcement. Fed with the recognition in public that the number of workers more than their concerns, will use this Declaration as ruler measurement to indicate how close we of further quantitative easing by the United States. If the numbers were very bad, SAAS quantitative easing at this stage in a timely manner.

If there is willingness in the United States to facilitate greater, due to the low number of labor, there is a good opportunity to acquire the gold market at the end of the day while the dollar will lose its value according to the hopes of facilitating a new quantitative. It seem like Mnakeda little sense of innate, but it is not. First of all, will be sold the market if they are bad, because people are going to cover the positions of risk, but the market will, no doubt, start considering about quantitative easing and after a short time this will be an exciting opportunity to buy gold at a cheaper price if we get a high initial lower.

On the other hand, it is very possible that we get the number of ascending jobs. If so, can enhance the dollar well, because this would be an indication that it did not happen never facilitate quantitative. Add to that the Bank of England, Bank of Japan and the European Central Bank are all on the verge of measures to facilitate a new, and this certainly will put the U.S. dollar in place of the most powerful in the market. If this is the case, the acquisition of the dollar inevitably affect the prices of gold, at least it priced in U.S. dollars. Remember that some brokers will allow you to trade in gold, euro, yen, pound sterling, and some other currencies. If the dollar gained, relaxed central banks, it is very likely that the estimated value of gold more strongly against these currencies without the U.S. dollar.

If you buy gold closed above the daily price of $ 1650. As you buy a candle supportive if they look less.