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[9.14 Zhishui Precious Metals Morning Review] Market news is calm and precious metals may continue to fall.

iconSep 14, 2020 08:12
Source:SMM

I. changes in macroeconomic policies:

1. Us non-farm payrolls rose by 1.371 million in August and are expected to increase by 1.35 million; the unemployment rate is 8.4 per cent and is expected to be 9.8 per cent; and wages are expected to grow at an annual rate of 4.7 per cent and 4.5 per cent.

two。 Beijing, September 10, 1945, the European Central Bank issued an interest rate decision to keep the current policy unchanged as scheduled, but pointed out that the emergency anti-epidemic bond purchase program (PEPP) will become flexible.

two。 Market performance:

The price of gold fell slightly in the previous session, with a high of $1954 / oz and a low of $1937 / oz to close at $1940 / oz.

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:

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