Gold Slips, Still Strong Positive direction (17-01-13)

Gold Price Slips, But Still Strong Positive Sentiment

Gold prices ended down in trading Wednesday (16/01) yesterday after two previous sessions ended higher. Even so, the price of gold is still not at the bottom end low in Wednesday trading yesterday.

There is an expectation of an increase in demand for gold and make gold prices could rise again, at least in the first half of this year, according to Thomson Reuters GFMS will be able to print the highest price back.

So far sentiment fundamentally very strong push gold price movements so far, until the close of trading on Wednesday yesterday ended at $ 1,683.20 per ounce of gold on the Comex - New York Mercantile Exchange, down only 70 cents, despite its fall to $ 1.673 per ounce , but the price of gold was able turn back.

Hang Seng Ends Weakens, Wait for the release of China's GDP Data

Hang Seng Ends Weakens, Wait RilisnyaBursa Hong Kong shares to trade on Wednesday (16/1) yesterday closed lower. Negative stock movement continues until the closing movement of the stock during which investors sold shares ahead of the release of the data due to China's GDP for the fourth quarter of last year.

The Hang Seng Index closed down 0.1% at 23,356.99 basis points. While the index futures declined by 132 basis points to 23 248 points, with the support level at 22,707 points and resistant level at 23 518 points.

Stocks that fell among the stock is Esprit Holdings fell 0.18% to 10.88 hkd, China Resources shares fell 0.92% to 27 hkd and China Unicom shares fell 0.15% to 12.92 hkd.

Analysts are expected to still move unstable in the long odds despite the positive trend was maintained until the end of this week.