[9.11 Zhishui Precious Metals Morning Review] the US Index rebounded strongly and Precious Metals shot up and fell back.

SMM9 March 11: I. Macroeconomic policy changes:

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。 The European Central Bank (ECB) announced its interest rate resolution on Thursday, leaving the current policy unchanged as scheduled, but pointing 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 $1966 / oz and a low of $1941 / oz to close at $1946 / 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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