Of Gold Extensions مقياس إمتدادات الذهب
Friday's $2431 high in gold consisted of a 21% rise from the Feb 14th low. Such percentage extensions from key lows or/and technical levels such as the 200-DMA, could flag crucial opportunities for partial/full profit-taking. Watch here.
btw, even pboc weaken rmb to yen level, 4-7% interest rate still good enough for FDI profit. unless money boost ndaq further more, who knows? it is pitty we dont have access to japs easy money. :(
in china people no longer talk about fed flood us, but boj flood us. abe fail boost jp, so what? japs can borrow yen buy rmb for 300% profit per yr.
rumour, china stocks gonna fly high.
as long as RMB firm(or relatively firm), bubble have boj strong support. when will bubble burst? not this yr for sure. and when will boj stop easing?
abe clever man!
http://www.telegraph.co.uk/sport/othersports/winter-olympics/10635956/Elise-Christie-misses-out-on-silver-medal-after-disqualification-in-short-track-speed-skating-final.html
long live china-uk friendship! :D
btw, this pretty uk girl had a chinese twitter for a year! :D
i guess, just a chinese version taper.