SMM7 March 28: I. changes in macroeconomic policies:

1. On July 26th, White House Chief of staff Meadows (Mark Meadows) said that the Republican stimulus bill would include an extended unemployment benefits program that would pay 70% of the on-the-job salary to the unemployed. Cudlow, the White House economic director, said the $1,000bn economic aid package would include another round of $1200 cheques to most US adults and money to companies to retain rather than cut staff size. In addition, the federal expulsion order, which has just expired, will be extended.

two。 Market performance:

The price of gold rose sharply in the previous session, with a high of $1945 / oz and a low of $1899 / oz to close at $1942 / oz.

Last trading day, TD gold rose sharply, closing at 426.45 yuan / kg, up 8.45 yuan.

Last trading day, TD silver rose sharply, closing at 5654 yuan / kg, up 340 yuan.

three。 Position analysis:

Gold and silver CFTC non-commercial net long positions are in the middle and high level, and the risk of long positions is gradually accumulating.

Fourth, technical analysis:

5. Focus on Today

Six. direction suggestion:

Gold

Silver

For more information, please contact Zhishui at 18950138010.

Scan the QR code and join the SMM metal communication group.

Scan the QR code and join the SMM metal communication group.