Golden opportunity to rally U.S. dollar fell sharply

Tuesday (July 13) the gold market opened 1194 U.S. dollars, up 1,217 U.S. dollars, the lowest 1194 U.S. dollars, to close at 1,210 U.S. dollars, up 16 cents, or 1.34%.

Fundamentals are relatively warm, the Greek government bonds auction smoothly, easing the Portuguese by Moody's downgrades the impact of eliminating the debt crisis, investors in some of the concerns in Europe, the euro against the U.S. dollar back on 1.27. Strong performance of the United States start to promote the market risk appetite, global stock markets soaring. U.S. May trade deficit unexpectedly expanded the dollar. Sharp drop in the dollar and the market, driven by optimism, opportunity to rebound to 1200 U.S. dollars of gold above, short-term continuation of the trend shock. Recent market news adverse effects on the dollar, the dollar declined sharply. Adverse factors as the gold was also a significant adjustment, but the recent trend in terms of gold, gold buying in the bottom of obvious, gold and the dollar again has shown a reverse trend. In the current market environment remains unchanged, the gold and the dollar's run trend will continue, the gold will be temporarily out of dollars into the shock period.

Technically, the current price of gold in 1200 U.S. dollars to the vicinity of shocks, but the market outlook is still on the downside risk. MACD indicator showed a downward trend has not been changed, with no obvious narrowing Brin, adjusted to 1170 U.S. dollars of gold is expected to better position nearby, then enter the high and volatile.