Golden Week rose on Monday, and the closing price reached a new high of 65,438 since last year1October 22nd. Due to the frequent terrorist attacks in Europe, the market expects that the Fed will be more cautious in raising interest rates and the US dollar will be adjusted back at a high level. In addition, before the Lunar New Year holiday in February, the rising physical demand of China buyers also supported the recent gold price. According to the data provided by Istanbul Stock Exchange on Monday (65438+ 10/2), Turkey's gold imports dropped by 63% in February 20 14 to1.8 tons and 20 13. According to the data provided by Istanbul Exchange, compared with the import scale of 302.3 tons in 20 13, the total gold import of Turkey in 20 14 decreased by 57% to 130.9 tons. In terms of U.S. economic data, the data released by the Federal Reserve showed that the employment market condition index was 6. 1 in June 5438+February, and it was greatly revised from 2.9 to 5.5 last month, but the gold reaction was dull. The Fed believes that this indicator can better reflect the real situation of the labor market than non-agriculture. This week, the Federal Reserve Employment Situation Index (LMCI), which focuses on this goal, appeared on stage. Although the data is better than the previous value, surprisingly, the market response is flat. This may indicate that investors have not shaken off the shadow of poor performance of key non-agricultural sub-data last week. In 65438+February, the employment market situation index was 6. 1, and the previous value was greatly revised from 2.9 to 5.5. The Federal Reserve once said that this indicator can better reflect the real situation of the labor market than non-agriculture.

Wait patiently for the callback 1228 area to go long, stop loss 1225 area, and see the target 1235 area after it breaks through.