The European Central Bank and the Bank of England both shot up yesterday to provide additional liquidity to the market to ease the heavy pressure on the banking industry and economic activities caused by the European debt crisis.

ECB President Trichet’s ambiguous wording on the economic outlook may mean that there will be a need to cut interest rates. However, the UK’s 75 billion pounds purchase of assets has exceeded market expectations, stimulating the euro’s decline to rise, and boosting the rise in European stocks.

In the early stages, the euro hit Boolean on the track and there is some resistance in the short-term. However, under the background of a strong euro, gold rebounded again and hovered above 1650. The bottom has been gradually elevated. There is further upward momentum.

Operational recommendations: 1650 to start the layout of more than one single, the target to see the Boolean belt near the 1670.

Admission can be done near 1643 and the stop loss can be increased to $10.

The first attack of 1672 can test empty orders, stop loss of 5 US dollars, the target to see 10-12 US dollars short-term investors, gold prices fell below 1640, you can continue to take a small stop to enter the market to do more. Stop loss or take profit before 8:30 in the evening. After non-agriculture, do it again.