My thought on XAU(Gold) fundamental analysis 29 Mar 2014

Due to the recent news of Russia annexed Crimea, I had stopped posting as I dim the market to be too risky to trade in. Currently at the time of this posting, the Russia is still amassing forces at the border of Ukraine and showing no sign of slowing down even after the sanctions from US and EURO.

Even during this time of uncertainty, gold is still not showing sign of upward trend and are still trading in the 1300 usd range. This should be partly due to the weak china data and the lack of physical demand from Indian.

Currently gold is facing downward pressure, I would advise on shorting gold.

It is best not to trade in this environment as any movement from Russia would most likely trigger a run to safety. Please remember to use a stop lost especially during this disturbing time.

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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 o...

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