Forum > View Topic (Hot-Chart)
This thread was started in response to the Hot-Chart:
EURUSD 1.1851 |
USDJPY 111.52 |
GBPUSD 1.3772 |
AUDUSD 0.7485 |
USDCAD 1.2406 |
GBPJPY 153.59 |
EURJPY 132.15 |
AUDJPY 83.48 |
CADJPY 89.86 |
Silver 26.23 |
THX Ashraf you are the man!
Maciek
@mr_answer on twitter :)
Ashraf
Hi Ashraf
How would gold react to news of increase imports to india this quater compared to last year and reduction in scrap supply compared to last quarter.
Wont demand supply support prices in addition to technicals.
When EURO/USD WAS 1.35 in oct 2008 gold was way below 800 an ounce while now cost of an ounce ie mining cost is above 800 dollars an ounce.
There is a school of thought that due to large eartquakes in the world ie the one in indonasia in Dec 2004, chile this year can make mining gold very difficult while they expect more oil to be found.
Rgds
Dinesh
thank you
please send me analysis of gold in next week
Ashraf
do you incorporate seasonals into you analysis?