The rapid rise in the stock market decline in the price of gold under pressure

 Analysts: Majin Zi ,UGG boots cheap
pressure the stock market price of gold rose rapidly declining
4   16 Day International spot gold fell rapidly in the disk, because the U.S. stock market and technology by U.S. banks and positive results of Yang stimulation of industry , sharply weakened the appeal of gold as a hedge assets, coupled with reduction of the world's largest gold ETF positions, triggering a lot of selling on the market, bearing the rapid decline in the price of gold.
U.S. stocks closed higher on Thursday, is the the U.S. technology sector of earnings and JP Morgan Chase announced better than expected results, JP Morgan Chase reported first quarter earnings better than expected because of improved investment banking business, offset by other consumer credit, the bank's losses increase, together with other results published by the Bank is also good, the news boosted the market prospects for U.S. economic recovery renewed hope. investors to withdraw funds from the gold market into the stock market, pushing up the stock market, gold prices fell under pressure . the day the Dow Jones industrial average rose 95.81 points, margin of 1.19%, to close at 8,125.43; Standard & Poor's 500 index rose 13.24 points, margin of 1.55%, to close at 865.30 points; Nasdaq composite index rose 43.64 points, amplitude 2.68%, to close at 1,670.44 points.
the world's largest gold trading Thursday mSPDR Gold Trust Fund recently released data show that Thursday's gold holdings fell by 8.25 tons, a decline of 0.7%, after which ETF has remained at home on April 9 hit the highest record in history, 1127.68 tons, now down to 1119.43 tons. Gold Fund, the market weakened significantly lighten up on bullish for gold.
seven major global gold ETF in the latest data shows that in April 15 once again increase its gold positions and 0.65 tons, the total volume of 1,377.988 tons positions.
news that the National Bank of Ukraine in March decreased 4.0% in foreign exchange reserves of gold, a reduction of $ 1,067,000,000. the news prove that the recent decline in one of the reasons hedge assets.
jewelry sales in the major festivals of India Akshaya Tritya rise before, but the financial crisis and high prices of gold,UGG boots clearance, not affect the overall volume, the same as before the holiday, compared volume declined significantly.
Expectation: Gold down nearly $ 30 the previous day, the first few days of rally point of view, the intensity is very small gold bull, gold wave drop yesterday, engulfing the pre- week of gains, indicating that bulls hopeless situation, is currently empty side of the world,Discount UGG boots, suggest that investors pay attention to controlling the risk of more than a single,Bailey UGG boots, empty one continue to hold, gold today is expected to continue to decline, mainly short rallies.
Note the reasonable control of position, strict stop loss, maintain a good investment mentality, do not blindly chase sell, with reference to crude oil, the dollar index and the news of Europe and the United States dynamic.
Resistance Support 864/857: 886/891 < br> (Investment involves risk, should be within their means, the recommendations are for reference, the risk themselves)