Gold eased back on schedule still room for downward

See the early part of this carry trade positions to alleviate pressure on China and the United States were to cut interest rates to stimulate the global stock market up, but Africa and the United States for not following the rebound in, gold also dropped again, the difficult sharply higher precious metals market, having not yet Optimism; before yesterday's high interest rates * currency stability, the Federal Reserve to cut interest rates sharply and a half per cent, together with the Chinese central bank also cut interest rates to 0.27 per cent, good, the mood, stimulate the carry trade, gold Shouwen has 700 points after not throwing Pressure, before yesterday's high, silver also aims at steady 9.5 U.S. dollars, days after a breakthrough to high, or at 10.7 U.S. dollars, but the time in the afternoon unable to see Africa and the United States generally up, failed to rise further, high interest rates have started taking money for the precious metals market Added pressure on the financial markets continue to suffer despite the tsunami, but with the multi-national financial conference and the first program to rescue the market, short-term credit markets have been stable, the precious metal as a hedge to reduce the demand for money, the city earlier rally is mostly a rebound, it is difficult Continued to rise, the determination to save the market has, however, because of the Federal Reserve to cut interest rates a half per cent against the U.S. brought about by injury, short-term gold Chonggao, but rose again limited space, limited to the top of the consolidation, the market outlook would break under 730 will be effective Down again, not optimistic about the U.S. tonight will be a number of economic data, including the employee cost index, personal income, personal consumption expenditures, the core personal consumption expenditure price index, the Chicago area for Supply Management index and the University of Michigan consumer sentiment Index is expected to remain data are not, however, still need to pay attention to the global financial market turmoil in the circumstances. Operation: Chonggao gold prices fell after the shock, while hedge funds have been flowing into the city of gold, for the support he once brought, but the market outlook is still downside risk; proposal Gold sold at 738 U.S. dollars, the deficit Stop 3 U.S. dollars, earned only 6 U.S. dollars to make.