My Trading Adventure

Gold : More upside to come?

CP TEH
Publish date: Wed, 24 Aug 2011, 10:46 AM
CP TEH
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All the writings in this weblog are mainly for PLEASURE reading purposes. I am in NO position to recommend a call(BUY/SELL). Please check with those know-hows before you make a decision. Yes, I am just a learner, with only five years experiences in KLSE. So, please BEAR with me.


With some speculation on Gov stimulus in play, it pushed DOW up 300+ points last night. QE3 or more will means down-down for USD, and gold will benefit more from here. Do you get it?







Gold was at 1000 level then.

11.10 pm : GOLD coming down from 1910 high level to below 1800 now. Profit-taking in huge selling. It went to 1765, actually.


TEH
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cmlooi

Bubble

2011-08-24 11:53

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