Gold prices remain volatile

Yesterday, the price of gold closed root doji days continue to shock, or even weeks, the last two trading days are shocks, the trend will be plunged into a protracted war.Once the shock front stretch, the actual short powerful on Zhou Dayang case this week, as not even the sun next to continue to adjust the provision of support. Pandora Jewelry Rings. In Europe, Germany and Poland, officials said, the two countries will be the EU's new seven-year budget plan to seek compromise, but the countries larger differences will mean that it is difficult to reach a final agreement.EU member states expected to reach an agreement on the budget plan is difficult at the EU summit on 22-23 November.In addition, the market remained concerned about U.S. fiscal cliff, if Congress is unable to reach a unanimous agreement, the U.S. economy is expected to return to recession.By then, the gold will be slightly under pressure after open wave rally.In terms of future prospects, quite bullish gold, but the market should not expect too much, we are dealing with a more market fundamentals, and the gold rally is becoming more substantiation.Gold prices finished lower, still maintain a high range of consolidation, today the price of gold above resistance at line early dropped the 50% rebound after bottoming out below support at 38.2% rebound bit interval 1718-1734 need to make the interval dilapidated will trigger further Quotes.From the date line drawings indicators, macd MACD heavy volume weakened, rsi down polymerization stoch80 near consolidation there is a downward trend, the main indicators are 30 and 60-day moving average, a strong resistance line in 1728-1732.View four hours, the price of gold this week first-line decline in 1738 has been consolidation in the 1722-1728 range, today the price of gold in the absence of effective breakthrough interval before the single or low and sell high slag.On the whole, today the price of gold has maintained a sideways range, short-term there is no breakthrough in the consolidation of the kinetic energy, high-sell low-residue in this interval.This week the price of gold is still missing a Dayang bottom, otherwise on breaking 1750 mention if the price of gold closed today yang, the weekly wrap destined to close tomorrow Yang, next week is expected to test $ 1,800. 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