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Posts by "apache99sg"

10 Posts Total by "apache99sg":
8 Posts by member
apache99sg
(Singapore, Singapore)
2 Posts by Anonymous "apache99sg":
apache99sg
Singapore, Singapore
Posts: 8
15 years ago
Dec 5, 2009 16:47
Ashraf, what is your target for gold and aussie correction?
apache99sg
Singapore
Posted Anonymously
15 years ago
Sep 11, 2009 17:51
Ashraf,
this is a good article. I was wondering myself when I saw the price action today.
Are you still bullish on aud & gold? I am looking for entry point in both aud & gold...so you see 950 in gold and 0.8250-0.8260 in AUD/USD as potential entry point?

thanks!
apache99sg
Singapore, Singapore
Posts: 8
15 years ago
Jul 16, 2009 20:27
Ashraf,
what is your opinion on gold? Is it a retracement due to equity bullish or this is a next leg up to break the 970?

It looks like 900 is a strong support... thanks!
apache99sg
Singapore, Singapore
Posts: 8
15 years ago
Jun 9, 2009 17:06
hi Ashraf,
does this mean that the equity market may have peaked for the year?
Do you think that equity peaking would also bring down the risk appetite currencies like AUD, NZD, CAD?

thanks!
apache99sg
Singapore, Singapore
Posts: 8
15 years ago
Jun 7, 2009 9:29
Ashraf,
Given that gold uptrend seems to be broken by testing 950, does it mean that the long term inverted head and shoulder (which you posted on the blog) becomes invalid?
or would it be because gold is trying to form a short term invested head and shoulder?

any thought?

thannks!
apache99sg
Singapore, Singapore
Posts: 8
16 years ago
May 24, 2009 11:23
Hi Ashraf,
given that dollar index has gone down severely and the thought that money will flow into commodities, do you foresee that this will be the trend in midterm/long term perspective?

Also, is there a notification whenever you are updating the workbook? We won't know that it has been updated unless you leave a notification. is this correct? thanks!
apache99sg
Singapore, Singapore
Posts: 8
16 years ago
May 21, 2009 1:05
hi Ashraf,
One thing that confuses me is that most of the central banks of the major currencies are doing some kind of qualitative easing which would reduce the value of the currency.

Given this, then, I am confused on why there is rally on the majors (egs: EUR, GBP, CAD) to rally against USD. Would you be able to comment?

Is the rally largely driven by risk appetite? thanks again for your valuable input
apache99sg
Singapore, Singapore
Posts: 8
16 years ago
May 19, 2009 7:15
Hi Ashraf,
You mentioned that we are in 2.5 years of bear market. In your estimate, when do we start the bear market?

Dow was at 14000 around mid 2007. Based on this, we are only around 2 years of bear market. could you help to clarify on what i miss here?

thanks!
apache99sg
Singapore, Singapore
Posts: 8
16 years ago
May 7, 2009 7:22
Ashraf,
I think the chart title should be aud/nzd, not AUD/USD.

Given the recent risk appetite, do you foresee that there will be upside to gold?

I saw that it is sitting on sma50 on daily chart.

cheers,
dave
apache99sg
Singapore
Posted Anonymously
16 years ago
Apr 6, 2009 15:19
Ahsraf, does this look like gold is heading into downtrend, rather than retracement? If it is retracement, what level do you see as confirmation of downtrend?

thanks!