JH87
2021-08-02
Buy or sell? Long or short?
Weekly Fundamental Gold Price Forecast: Time to Glitter Again? US NFP Friday<blockquote>每周基本面金价预测:是时候再次闪光了?美国NFP周五</blockquote>
免责声明:上述内容仅代表发帖人个人观点,不构成本平台的任何投资建议。
分享至
微信
复制链接
精彩评论
我们需要你的真知灼见来填补这片空白
打开APP,发表看法
APP内打开
发表看法
{"i18n":{"language":"zh_CN"},"detailType":1,"isChannel":false,"data":{"magic":2,"id":805826126,"tweetId":"805826126","gmtCreate":1627870965065,"gmtModify":1633755748851,"author":{"id":3586731369549561,"idStr":"3586731369549561","authorId":3586731369549561,"authorIdStr":"3586731369549561","name":"JH87","avatar":"https://static.tigerbbs.com/51814e4251837f4c5551dfa87f49be4d","vip":1,"userType":1,"introduction":"","boolIsFan":false,"boolIsHead":false,"crmLevel":11,"crmLevelSwitch":0,"individualDisplayBadges":[],"fanSize":4,"starInvestorFlag":false},"themes":[],"images":[],"coverImages":[],"extraTitle":"","html":"<html><head></head><body><p>Buy or sell? Long or short?</p></body></html>","htmlText":"<html><head></head><body><p>Buy or sell? Long or short?</p></body></html>","text":"Buy or sell? Long or short?","highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"link":"https://laohu8.com/post/805826126","repostId":1112436228,"repostType":4,"repost":{"id":"1112436228","kind":"news","pubTimestamp":1627869466,"share":"https://www.laohu8.com/m/news/1112436228?lang=zh_CN&edition=full","pubTime":"2021-08-02 09:57","market":"other","language":"en","title":"Weekly Fundamental Gold Price Forecast: Time to Glitter Again? US NFP Friday<blockquote>每周基本面金价预测:是时候再次闪光了?美国NFP周五</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1112436228","media":"DailyFX","summary":"WEEKLY FUNDAMENTAL GOLD PRICE FORECAST: NEUTRAL\n\nGold priceshave finally started to respond to a pro","content":"<p><b>WEEKLY FUNDAMENTAL GOLD PRICE FORECAST: NEUTRAL</b></p><p><blockquote><b>每周基本面金价预测:中性</b></blockquote></p><p> <ul> <li>Gold priceshave finally started to respond to a promising fundamental backdrop –record low US real yields, ongoing Federal Reserve stimulus efforts, and growing US deficits and debt.</li> <li>But as always, the US labor market report can upend even the best laid plans of mice and men. July US nonfarm payrolls data are due out this coming Friday.</li> <li>TheIG Client Sentiment Index suggests thatgold prices in USD-terms (XAU/USD) have a mixed trading bias.</li> </ul> <b>GOLD PRICES WEEK IN REVIEW</b></p><p><blockquote><ul><li>金价终于开始对充满希望的基本面背景做出反应——美国实际收益率创历史新低、美联储持续的刺激措施以及美国赤字和债务不断增长。</li><li>但与往常一样,美国劳动力市场报告甚至可能颠覆人鼠之间最好的计划。美国7月份非农就业数据将于本周五公布。</li><li>IG客户情绪指数表明,以美元计价的黄金价格(XAU/USD)存在混合交易偏差。</li></ul><b>金价周回顾</b></blockquote></p><p> You’ve heard it before: gold pricestend to benefit during periods of loose monetary policy and expansive fiscal policy. It may be the case that this promising fundamental backdrop is being realized; this past week produced record low US real yields amid growing US deficits and debts, after all. The US Dollar’s losses (via the DXY Index) following the July FOMC meeting catered to a stronger environment for precious metals.</p><p><blockquote>您以前听说过:在宽松的货币政策和扩张性的财政政策时期,金价往往会受益。这种充满希望的基本面背景可能正在实现;毕竟,在美国赤字和债务不断增长的情况下,过去一周美国实际收益率创历史新低。7月FOMC会议后,美元下跌(通过DXY指数)迎合了贵金属走强的环境。</blockquote></p><p> But gold’s gains in recent days were mostly a US Dollar-centric event: gold in USD-terms(XAU/USD) added+0.68%. Elsewhere, gold prices tipped ever-so-slightly into negative territory: gold in EUR-terms (XAU/EUR) dropped by-0.13%; gold in GBP-terms (XAU/GBP) contracted -0.45%; and gold in JPY-terms (XAU/JPY) fell by -0.15%.</p><p><blockquote>但最近几天黄金的上涨主要是以美元为中心的事件:以美元计价的黄金(XAU/USD)上涨了+0.68%。在其他地方,金价略微跌入负值区域:以欧元计价的黄金(XAU/EUR)下跌-0.13%;以英镑计价的黄金(XAU/英镑)下跌-0.45%;日元黄金(XAU/JPY)下跌-0.15%。</blockquote></p><p> While gold prices may be on the verge of turning higher on a broader basis, the evidence is just not there quite yet.</p><p><blockquote>尽管金价可能即将在更广泛的基础上走高,但证据还不完全存在。</blockquote></p><p> <b>ECONOMIC CALENDAR WEEK AHEAD</b></p><p><blockquote><b>未来一周经济日历</b></blockquote></p><p> The first week of August, like most months, promises a busier economic calendar. While most of the focus remains on the US economy, there are still a number of data releases that could provoke greater volatility among several gold-crosses.</p><p><blockquote>像大多数月份一样,八月的第一周预示着一个更加繁忙的经济日历。尽管大部分焦点仍然集中在美国经济上,但仍有一些数据发布可能会引发几个黄金交叉盘的更大波动。</blockquote></p><p> -On Monday, gold in EUR-terms (XAU/EUR) and gold in USD-terms (XAU/USD) will be in focus amid the plethora of PMI readings due across Europe and for the US;</p><p><blockquote>-周一,由于欧洲和美国将公布过多的PMI数据,以欧元计价的黄金(XAU/EUR)和以美元计价的黄金(XAU/USD)将成为焦点;</blockquote></p><p> - On Tuesday, gold in AUD-terms (XAU/AUD) is in the spotlight with the August Reserve Bank of Australia meeting on deck, while gold inNZD-terms (XAU/NZD) will have to contend with the 2Q’21 New Zealand employment change and unemployment rate report.</p><p><blockquote>-周二,随着澳大利亚央行8月份会议的召开,澳元黄金(XAU/AUD)成为人们关注的焦点,而新西兰元黄金(XAU/NZD)将不得不应对21年第二季度新西兰就业变化和失业率报告。</blockquote></p><p> - On Thursday, gold in GBP-terms (XAU/GBP) may see a dose of volatility as the Bank of England meets for its August gathering, which will produce a new Quarterly Inflation Report (QIR).</p><p><blockquote>–周四,随着英国央行召开8月份会议,将发布新的季度通胀报告(QIR),以英镑计价的黄金(XAU/GBP)可能会出现一定程度的波动。</blockquote></p><p> - On Friday, gold in CAD-terms (XAU/CAD) and gold in USD-terms are in the spotlight with the dual July Canada employment report and the July US nonfarm payrolls report.</p><p><blockquote>-周五,加拿大7月就业报告和美国7月非农就业报告公布,加元黄金(XAU/CAD)和美元黄金成为焦点。</blockquote></p><p> <b>GOLD PRICE VERSUS COT NET NON-COMMERCIAL POSITIONING: DAILY TIMEFRAME (JULY 2020 TO JULY 2021) (CHART 1)</b><img src=\"https://static.tigerbbs.com/3aa5de96c23d5efa412656aef5d29f22\" tg-width=\"624\" tg-height=\"432\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"></p><p><blockquote><b>黄金价格与COT净非商业头寸:每日时间范围(2020年7月至2021年7月)(图1)</b></blockquote></p><p> Next, a lookat positioning in the futures market. According to the CFTC’s COT data, for the week endedJuly 27, speculators increased theirnet-long gold futures positions to 195,972 contracts, up from the 182,721 net-long contracts held in the week prior. The futures market is the most net-long since the week of June 14, 2021.</p><p><blockquote>接下来,看一下期货市场的定位。根据CFTC的COT数据,截至7月27日当周,投机者将黄金期货净多头头寸增加至195,972份,高于前一周持有的182,721份净多头合约。期货市场为2021年6月14日当周以来最净多头。</blockquote></p><p> <b>IG CLIENT SENTIMENT INDEX: GOLD PRICE FORECAST (JULY 30, 2021) (CHART 2)</b><img src=\"https://static.tigerbbs.com/5d83a1696f535a91487f92a021a6182c\" tg-width=\"623\" tg-height=\"416\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"></p><p><blockquote><b>IG客户端情绪指数:黄金价格预测(2021年7月30日)(图表2)</b></blockquote></p><p> Gold: Retail trader data shows 77.84% of traders are net-long with the ratio of traders long to short at 3.51 to 1. The number of traders net-long is 1.85% lower than yesterday and 8.65% lower from last week, while the number of traders net-short is 10.36% lower than yesterday and 8.52% higher from last week.</p><p><blockquote>黄金:散户交易者数据显示,77.84%的交易者是净多头,交易者多头与空头的比例为3.51比1。净多头交易者数量较昨日减少1.85%,较上周减少8.65%,净空头交易者数量较昨日减少10.36%,较上周增加8.52%。</blockquote></p><p> We typically take a contrarian view to crowd sentiment, and the fact traders are net-long suggests Gold prices may continue to fall.</p><p><blockquote>我们通常对人群情绪持相反观点,交易者净多头的事实表明金价可能会继续下跌。</blockquote></p><p> Positioning is more net-long than yesterday but less net-long from last week. The combination of current sentiment and recent changes gives us a further mixed Gold trading bias.</p><p><blockquote>头寸比昨天净多头更多,但比上周净多头减少。当前的情绪和最近的变化相结合,给了我们进一步的混合黄金交易偏见。</blockquote></p><p></p>","source":"lsy1568971417606","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Weekly Fundamental Gold Price Forecast: Time to Glitter Again? US NFP Friday<blockquote>每周基本面金价预测:是时候再次闪光了?美国NFP周五</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWeekly Fundamental Gold Price Forecast: Time to Glitter Again? US NFP Friday<blockquote>每周基本面金价预测:是时候再次闪光了?美国NFP周五</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">DailyFX</strong><span class=\"h-time small\">2021-08-02 09:57</span>\n</p>\n</h4>\n</header>\n<article>\n<p><b>WEEKLY FUNDAMENTAL GOLD PRICE FORECAST: NEUTRAL</b></p><p><blockquote><b>每周基本面金价预测:中性</b></blockquote></p><p> <ul> <li>Gold priceshave finally started to respond to a promising fundamental backdrop –record low US real yields, ongoing Federal Reserve stimulus efforts, and growing US deficits and debt.</li> <li>But as always, the US labor market report can upend even the best laid plans of mice and men. July US nonfarm payrolls data are due out this coming Friday.</li> <li>TheIG Client Sentiment Index suggests thatgold prices in USD-terms (XAU/USD) have a mixed trading bias.</li> </ul> <b>GOLD PRICES WEEK IN REVIEW</b></p><p><blockquote><ul><li>金价终于开始对充满希望的基本面背景做出反应——美国实际收益率创历史新低、美联储持续的刺激措施以及美国赤字和债务不断增长。</li><li>但与往常一样,美国劳动力市场报告甚至可能颠覆人鼠之间最好的计划。美国7月份非农就业数据将于本周五公布。</li><li>IG客户情绪指数表明,以美元计价的黄金价格(XAU/USD)存在混合交易偏差。</li></ul><b>金价周回顾</b></blockquote></p><p> You’ve heard it before: gold pricestend to benefit during periods of loose monetary policy and expansive fiscal policy. It may be the case that this promising fundamental backdrop is being realized; this past week produced record low US real yields amid growing US deficits and debts, after all. The US Dollar’s losses (via the DXY Index) following the July FOMC meeting catered to a stronger environment for precious metals.</p><p><blockquote>您以前听说过:在宽松的货币政策和扩张性的财政政策时期,金价往往会受益。这种充满希望的基本面背景可能正在实现;毕竟,在美国赤字和债务不断增长的情况下,过去一周美国实际收益率创历史新低。7月FOMC会议后,美元下跌(通过DXY指数)迎合了贵金属走强的环境。</blockquote></p><p> But gold’s gains in recent days were mostly a US Dollar-centric event: gold in USD-terms(XAU/USD) added+0.68%. Elsewhere, gold prices tipped ever-so-slightly into negative territory: gold in EUR-terms (XAU/EUR) dropped by-0.13%; gold in GBP-terms (XAU/GBP) contracted -0.45%; and gold in JPY-terms (XAU/JPY) fell by -0.15%.</p><p><blockquote>但最近几天黄金的上涨主要是以美元为中心的事件:以美元计价的黄金(XAU/USD)上涨了+0.68%。在其他地方,金价略微跌入负值区域:以欧元计价的黄金(XAU/EUR)下跌-0.13%;以英镑计价的黄金(XAU/英镑)下跌-0.45%;日元黄金(XAU/JPY)下跌-0.15%。</blockquote></p><p> While gold prices may be on the verge of turning higher on a broader basis, the evidence is just not there quite yet.</p><p><blockquote>尽管金价可能即将在更广泛的基础上走高,但证据还不完全存在。</blockquote></p><p> <b>ECONOMIC CALENDAR WEEK AHEAD</b></p><p><blockquote><b>未来一周经济日历</b></blockquote></p><p> The first week of August, like most months, promises a busier economic calendar. While most of the focus remains on the US economy, there are still a number of data releases that could provoke greater volatility among several gold-crosses.</p><p><blockquote>像大多数月份一样,八月的第一周预示着一个更加繁忙的经济日历。尽管大部分焦点仍然集中在美国经济上,但仍有一些数据发布可能会引发几个黄金交叉盘的更大波动。</blockquote></p><p> -On Monday, gold in EUR-terms (XAU/EUR) and gold in USD-terms (XAU/USD) will be in focus amid the plethora of PMI readings due across Europe and for the US;</p><p><blockquote>-周一,由于欧洲和美国将公布过多的PMI数据,以欧元计价的黄金(XAU/EUR)和以美元计价的黄金(XAU/USD)将成为焦点;</blockquote></p><p> - On Tuesday, gold in AUD-terms (XAU/AUD) is in the spotlight with the August Reserve Bank of Australia meeting on deck, while gold inNZD-terms (XAU/NZD) will have to contend with the 2Q’21 New Zealand employment change and unemployment rate report.</p><p><blockquote>-周二,随着澳大利亚央行8月份会议的召开,澳元黄金(XAU/AUD)成为人们关注的焦点,而新西兰元黄金(XAU/NZD)将不得不应对21年第二季度新西兰就业变化和失业率报告。</blockquote></p><p> - On Thursday, gold in GBP-terms (XAU/GBP) may see a dose of volatility as the Bank of England meets for its August gathering, which will produce a new Quarterly Inflation Report (QIR).</p><p><blockquote>–周四,随着英国央行召开8月份会议,将发布新的季度通胀报告(QIR),以英镑计价的黄金(XAU/GBP)可能会出现一定程度的波动。</blockquote></p><p> - On Friday, gold in CAD-terms (XAU/CAD) and gold in USD-terms are in the spotlight with the dual July Canada employment report and the July US nonfarm payrolls report.</p><p><blockquote>-周五,加拿大7月就业报告和美国7月非农就业报告公布,加元黄金(XAU/CAD)和美元黄金成为焦点。</blockquote></p><p> <b>GOLD PRICE VERSUS COT NET NON-COMMERCIAL POSITIONING: DAILY TIMEFRAME (JULY 2020 TO JULY 2021) (CHART 1)</b><img src=\"https://static.tigerbbs.com/3aa5de96c23d5efa412656aef5d29f22\" tg-width=\"624\" tg-height=\"432\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"></p><p><blockquote><b>黄金价格与COT净非商业头寸:每日时间范围(2020年7月至2021年7月)(图1)</b></blockquote></p><p> Next, a lookat positioning in the futures market. According to the CFTC’s COT data, for the week endedJuly 27, speculators increased theirnet-long gold futures positions to 195,972 contracts, up from the 182,721 net-long contracts held in the week prior. The futures market is the most net-long since the week of June 14, 2021.</p><p><blockquote>接下来,看一下期货市场的定位。根据CFTC的COT数据,截至7月27日当周,投机者将黄金期货净多头头寸增加至195,972份,高于前一周持有的182,721份净多头合约。期货市场为2021年6月14日当周以来最净多头。</blockquote></p><p> <b>IG CLIENT SENTIMENT INDEX: GOLD PRICE FORECAST (JULY 30, 2021) (CHART 2)</b><img src=\"https://static.tigerbbs.com/5d83a1696f535a91487f92a021a6182c\" tg-width=\"623\" tg-height=\"416\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"></p><p><blockquote><b>IG客户端情绪指数:黄金价格预测(2021年7月30日)(图表2)</b></blockquote></p><p> Gold: Retail trader data shows 77.84% of traders are net-long with the ratio of traders long to short at 3.51 to 1. The number of traders net-long is 1.85% lower than yesterday and 8.65% lower from last week, while the number of traders net-short is 10.36% lower than yesterday and 8.52% higher from last week.</p><p><blockquote>黄金:散户交易者数据显示,77.84%的交易者是净多头,交易者多头与空头的比例为3.51比1。净多头交易者数量较昨日减少1.85%,较上周减少8.65%,净空头交易者数量较昨日减少10.36%,较上周增加8.52%。</blockquote></p><p> We typically take a contrarian view to crowd sentiment, and the fact traders are net-long suggests Gold prices may continue to fall.</p><p><blockquote>我们通常对人群情绪持相反观点,交易者净多头的事实表明金价可能会继续下跌。</blockquote></p><p> Positioning is more net-long than yesterday but less net-long from last week. The combination of current sentiment and recent changes gives us a further mixed Gold trading bias.</p><p><blockquote>头寸比昨天净多头更多,但比上周净多头减少。当前的情绪和最近的变化相结合,给了我们进一步的混合黄金交易偏见。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源:<a href=\"https://www.dailyfx.com/forex/fundamental/forecast/weekly/chf/2021/08/01/weekly-fundamental-gold-price-forecast-time-to-glitter-again-us-nfp-friday.html\">DailyFX</a></p>\n<p>为提升您的阅读体验,我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.dailyfx.com/forex/fundamental/forecast/weekly/chf/2021/08/01/weekly-fundamental-gold-price-forecast-time-to-glitter-again-us-nfp-friday.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1112436228","content_text":"WEEKLY FUNDAMENTAL GOLD PRICE FORECAST: NEUTRAL\n\nGold priceshave finally started to respond to a promising fundamental backdrop –record low US real yields, ongoing Federal Reserve stimulus efforts, and growing US deficits and debt.\nBut as always, the US labor market report can upend even the best laid plans of mice and men. July US nonfarm payrolls data are due out this coming Friday.\nTheIG Client Sentiment Index suggests thatgold prices in USD-terms (XAU/USD) have a mixed trading bias.\n\nGOLD PRICES WEEK IN REVIEW\nYou’ve heard it before: gold pricestend to benefit during periods of loose monetary policy and expansive fiscal policy. It may be the case that this promising fundamental backdrop is being realized; this past week produced record low US real yields amid growing US deficits and debts, after all. The US Dollar’s losses (via the DXY Index) following the July FOMC meeting catered to a stronger environment for precious metals.\nBut gold’s gains in recent days were mostly a US Dollar-centric event: gold in USD-terms(XAU/USD) added+0.68%. Elsewhere, gold prices tipped ever-so-slightly into negative territory: gold in EUR-terms (XAU/EUR) dropped by-0.13%; gold in GBP-terms (XAU/GBP) contracted -0.45%; and gold in JPY-terms (XAU/JPY) fell by -0.15%.\nWhile gold prices may be on the verge of turning higher on a broader basis, the evidence is just not there quite yet.\nECONOMIC CALENDAR WEEK AHEAD\nThe first week of August, like most months, promises a busier economic calendar. While most of the focus remains on the US economy, there are still a number of data releases that could provoke greater volatility among several gold-crosses.\n-On Monday, gold in EUR-terms (XAU/EUR) and gold in USD-terms (XAU/USD) will be in focus amid the plethora of PMI readings due across Europe and for the US;\n- On Tuesday, gold in AUD-terms (XAU/AUD) is in the spotlight with the August Reserve Bank of Australia meeting on deck, while gold inNZD-terms (XAU/NZD) will have to contend with the 2Q’21 New Zealand employment change and unemployment rate report.\n- On Thursday, gold in GBP-terms (XAU/GBP) may see a dose of volatility as the Bank of England meets for its August gathering, which will produce a new Quarterly Inflation Report (QIR).\n- On Friday, gold in CAD-terms (XAU/CAD) and gold in USD-terms are in the spotlight with the dual July Canada employment report and the July US nonfarm payrolls report.\nGOLD PRICE VERSUS COT NET NON-COMMERCIAL POSITIONING: DAILY TIMEFRAME (JULY 2020 TO JULY 2021) (CHART 1)\nNext, a lookat positioning in the futures market. According to the CFTC’s COT data, for the week endedJuly 27, speculators increased theirnet-long gold futures positions to 195,972 contracts, up from the 182,721 net-long contracts held in the week prior. The futures market is the most net-long since the week of June 14, 2021.\nIG CLIENT SENTIMENT INDEX: GOLD PRICE FORECAST (JULY 30, 2021) (CHART 2)\nGold: Retail trader data shows 77.84% of traders are net-long with the ratio of traders long to short at 3.51 to 1. The number of traders net-long is 1.85% lower than yesterday and 8.65% lower from last week, while the number of traders net-short is 10.36% lower than yesterday and 8.52% higher from last week.\nWe typically take a contrarian view to crowd sentiment, and the fact traders are net-long suggests Gold prices may continue to fall.\nPositioning is more net-long than yesterday but less net-long from last week. The combination of current sentiment and recent changes gives us a further mixed Gold trading bias.","news_type":1,"symbols_score_info":{}},"isVote":1,"tweetType":1,"viewCount":324,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":[],"verified":2,"subType":0,"readableState":1,"langContent":"EN","currentLanguage":"EN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"andRepostAutoSelectedFlag":false,"upFlag":false,"length":22,"xxTargetLangEnum":"ORIG"},"commentList":[],"isCommentEnd":true,"isTiger":false,"isWeiXinMini":false,"url":"/m/post/805826126"}
精彩评论