What Do Analysts Think Of The Gold Rise?

Edel Tully, a precious metal strategist at UBS, said: "in a relatively short period of time, the increase in the value of gold means that there is a possibility of shorting up, and the doves of the Fed meeting are inclined to push the shortage back up." Rui Yin said.

Overall, the Fed's latest speech is more friendly to gold, and we think gold prices will continue to rise, with a target of $1200 / ounce.

In addition, Tully also said that unless there is a big impact, the market will be stable at the current level, while the three month gold price target is $1170 / ounce.

Aakish Doshi, a commodities analyst at Citi, said: "in general, the Fed's expectation is slightly better for gold, because the interest rate hike in April is unlikely, and the Fed's statement has been trying to suppress the dollar.

This has brought long-term support to the gold price, but we do not think it is likely to continue in the medium term. "

The HSBC said it was cautiously optimistic about the gold price trend in 2015, saying it would fluctuate between 1120 and 1305 dollars / ounce, with an average gold price of 1234 dollars / ounce.

James Steel, an analyst at HSBC, said: "

It may bring negative interest rates to some countries, which is positive for gold. "

Jim Rogers, a famous investor, has always been right to Rodgers.

He has a lot of attitude, but he said recently that gold will eventually become a bubble.

Rodgers also said he hoped that when gold became a bubble, he would be smart enough to sell gold, but at the same time, he said he did not know what prompted him to sell the gold he was in.

Rodgers believes that the US economy will also have very serious problems. "The United States is the most indebted country in the history of the world. Any dollar debtor nation reaches such a level and these debts are becoming more and more. This is the best reason to hold gold and silver."

Beijing time 08:25, spot gold reported 1194.70 U.S. dollars / ounce.

Related links:

The Shanghai and Shenzhen stock index also dived after the early opening of the Shanghai and Shenzhen stock market, and the two rise after bottoming up.

Regulators recently asked to crack down on GEM and small and medium-sized board manipulation of stock prices, the bad news that the gem is low and low, the biggest drop in the intraday super 4%, 2300 points fall.

Moreover, the two city's first high priced share of all education has been named by regulators. Although rumors have not been confirmed by all parties, not only yesterday, the stock price fell by 44 yuan in 3 hours, but the market value evaporated about 4 billion 300 million yuan.

On the disk, the industry sector also fell more or less. Only a few plates, such as pportation equipment, petroleum industry, brewery industry, international trade and other sectors, rose to the top, while electronic information, civil aviation airports and instrumentation declined.

With the concept of marine equipment rising, oil and gas service, wind energy and oil price related concepts are better, while big data, domestic software, network security and other trends are weak.

On the technical side, although the Shanghai stock index has closed the line, it has already fallen below the 5 day moving average. The volume of the stock market has shrunk and the strength of the various parties has weakened.

The KDJ index has become a dead end, and the technical indicators are still more risky.

Gem refers to the bad news, today's trend fell sharply.

The decline in the volume of the gem, the market outlook is more likely to fall.

Both KDJ index and RSI index appear dead crossing, so the possibility of leaving the market is still relatively large.

In short, the early gem index has been substantially adjusted, and the high risk has been released again.

And after the gem has continued to rise sharply, the desire to leave the profit taking market is enhanced, and the economic data are not good enough, and the gap between the two sides has increased significantly.

For investors, in the current shock pattern, it is not appropriate to blindly chase high, and can gradually lock profits into bags.