Skip to main content

My thought on USD/Gold fundamental analysis 09 April 2015


USD - ↔ 
Gold -↓

Current USA data is pointing to a robust recovery, with a stable employment rate and a stable growth.

Yes the data from march was a major disappointment(weather?) but overall data so far is looking good, not great, but good.

So what does good data means? USA is still out growing most developing countries and Euro even with just a "Good". Together with Oil price swinging ever lower, and with Iran joining in with the global oil market which will push oil price even lower. the inflation rate will set to be ever lower.

Good Usa growth plus low inflation combine with non stop influx of credit, point to a market that investors dare to seek higher return with higher risk investment which is not good for Gold.

So going long to mid term(end of 2015?), the Gold price would be projected to go down. I am aiming for at least a USD1100 per ounce range.

Please be advise that forex is a high risk investment, there will be a very high chance of lost of capital. 

Comments

  1. This comment has been removed by a blog administrator.

    ReplyDelete
  2. This comment has been removed by a blog administrator.

    ReplyDelete
  3. This comment has been removed by a blog administrator.

    ReplyDelete
  4. This comment has been removed by a blog administrator.

    ReplyDelete
  5. This comment has been removed by a blog administrator.

    ReplyDelete
  6. This comment has been removed by a blog administrator.

    ReplyDelete

Post a Comment

Popular posts from this blog

Today's Forex Focus, 30 Jan 2024

 Ah, nephew, let's dive into the Forex market today, shall we? It's like peering into a crystal ball, but with a bit more logic and a lot less mysticism. First up, we've got the EUR/USD pair showing a bit of a bearish tilt. The dollar's holding steady like a rock in a stream, buoyed by investors who've got their eyes glued to the upcoming Federal Reserve policy meeting. There's a bit of a buzz about geopolitical tensions in the Middle East, making investors a bit jittery and giving the dollar a bit of a boost​​. Then, there's talk about the Federal Reserve potentially pushing back against the idea of a rate cut anytime soon. This is like a plot twist in a thriller movie for the traders, who are now less convinced about a rate drop in March. The dollar, meanwhile, is flexing its muscles a bit, up by 0.19% against a basket of currencies. Across the pond, the Euro's taken a bit of a tumble, and there's chatter about when the European Central Bank might ...

Free server for Terraria: Singapore Base

Update: Click here for the latest update IP: 175.156.159.250 port: 7777 password: server672011 email: ohguowei@gmail.com updated: hai, i give up on port forwarding. sorry guys, i will be using hamachi for terraria. this game is just too unstable for multi player hamachi ip: 5.100.228.220 hamachi network: sgterraria hamachi password: sgterraria terraria password: server672011 opening time 12pm to 12am. email me if you need help, but dont expect me to do much since this is a free server.

My thought on Gold fundamental analysis 22 April 2014

Gold broke the 1280USD barrier dragging the bunch of precious metal with it, seem that it will be going down for awhile as the US economic strengthen ( student loan issue? ). Maybe time to get some platinum ?