jeden ze sprawców zamieszania na złotku
INDUSTRY NEWS: Hedge fund giant John Paulson has seen around $1 bn wiped from
the value of his investments in recent days after the gold price slumped, the
Telegraph reports.
16-kwi-2013
COMMODITIES: The CME says esterday it reached multiple daily trading volume
records across its metals complex, including a combined futures and options
volume increase of 78% for its Metals Products asset class. On Monday, the CME
Group's metals complex reached a new record for combined futures and options
trading of 1,478,376 contracts, surpassing the previous record of 831,721
contracts set on August 24, 2011. Benchmark Gold futures reached a record daily
volume of 751,058 contracts Monday vs 486,315 contracts on Nov 28, 2012, the
last record for the contract. Gold options traded a record 227,516 contracts,
bypassing the previous record of 119,685 contracts set Sept 23, 2011.
Additionally, Copper futures set a new record yesterday, trading 173,037
contracts vs 128,326 contracts Feb 21, 2013, the prior record for this contract.
Open Interest in Copper futures reached 189,642 contracts, surpassing the
previous record of 189,633 set April 12, 2013.
GOLD: The rebound this morning has been fueled by market chatter that sharp
falls in the last few sessions created ample opportunities for physical buyers.
Dealers say there's been talk of retailers out of Japan and China believed to be
replenishing stocks while HK jewelers were also seen.
17-kwi-2013 4:35
GOLD: Spot gold continues to recover, last traded up $12.34 at $1,380.23 per
ounce, after a $1,365.17 to $1,382.85 range. Analysts at Phillip Futures say,
"We expect prices to stabilize and possibly attempt $1,400 again (overnight high
$1,403.55/oz) due to short term correction. However, we believe that the bigger
picture outlook for gold remain bearish and there is likelihood for prices to
test the $1,320 support, especially during US trading hours. If prices clear
through $1,320 levels tonight, we look to $1,260 for the next level of major
support."
wersja poglądowa AT
16-kwi-2013 0:03
GOLD TECHS: 200-WMA Remains Key Resistance
RES 4: $1579.4 - Falling daily trend line
RES 3: $1523.0 - Monthly low Dec 29 2011
RES 2: $1460.0 - Hourly resistance Apr 15
RES 1: $1436.5 - 200 week moving average
PRICE: 1369.5 @2100GMT
SUP 1: $1323.9 - Low Apr 15
SUP 2: $1300.8 - 50% retracement of $681-1921 move
SUP 3: $1154.5 - 61.8% retracement of $681-1921 move
SUP 4: $1085.3 - Monthly low Mar 2010
COMMENTARY: Gold recovered a little lost ground overnight but in the context of
the sharp move lower earlier in the week it continues to languish at the lower
end of the weekly range so far. The 200-WMA remains the initial resistance level
with a close back above needed to relieve the immediate bearish focus. While the
200-WMA caps immediate focus remains on the $1300.8 50% Fibonacci retracement of
the $681-1921 move.
