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tanrich

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Posts posted by tanrich

  1. Posted

    What do you see Gold in next 3 months ? Bullish or Bearish ? Is Gold really heading towards 2500 $ an oz as major research firms of the world predict.

     

    Your view please.

     

    Since March 2003, all markets (capital, currency, commodity etc.,) has an inverse-relationship to Dollar (with the exception of SSE that started much later at 2005). Monitor Dollar index closely. But if anyone can accurately predict Dollar index performance in the coming month amid all these positive and negative news (Greece, Eurozone, QE3, FED zero interest rate, improved US economic data, China hard landing etc.,) perhaps traders can do away making analysis on individual counters.

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