Market trend: today, the main 2112 of Shanghai Gold fell higher, trading at 368.78-366.88 yuan / g in intraday trading, closing at 368.76 yuan / gram, up 0.32% from the previous day's closing price, with a turnover of 94492 lots, a daily decrease of 43868 lots, and a daily increase of 138000 hands. the Shanghai Bank's main 2112 contract opened higher, closing at 4988 yuan / kg at the end of the day, up 1.11% from the previous day's closing price.
Market focus: (1) the Asian dollar index fluctuated and fell to 93.618, down 0.37% on the day. (2) Industrial production in the United States fell the most in seven months in September.
Inner position: 70514 long positions in the top 20 of Shanghai Gold 2112 contract, 33339 short positions, 37175 net long positions, 742 fewer than the previous trading day, and more short positions; Shanghai Bank 2112 contract top 20 long positions 240218 hands, short positions 194196 hands, net long positions 46022 hands, an increase of 3545 hands compared with the previous trading day, and the increase of long positions is greater than that of short positions.
Outer position: as of October 18, SPDR Gold Trust gold ETF position was 980.10 tons, the same as the previous trading day. Meanwhile, Shares Silver Trust Silver ETF's position was 17224.59 tons, an increase of 7.2tons over the previous session and a two-month high.
Market research and judgment: on October 19, the precious metals in the Shanghai stock market all fluctuated and rose, in which the main force of Shanghai Gold ended two consecutive overcast, and the main force of Shanghai Silver realized six consecutive yangs. During this period, US manufacturing output fell unexpectedly in September and the volatility of the dollar index boosted gold and silver. At the same time, the silver price is relatively strong under the support of the shock and stability of the basic metals. Technically, the KDJ index of the gold day line turns downward, but the hour line MACD green column turns to the red column; the silver day line MACD red column expands, and the hourly line KDJ index diverges upward. In operation, it is suggested that the main force of Shanghai Gold should wait and see for the time being; the main force of Shanghai Silver can rely on 4983 yuan / kg for bargain, and stop loss reference 4940 yuan / kg.
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