You are absolutely right. They need cash and the only way to get it is to sell stocks and commodities like gold.
hence before beginning to sell they have to create an impression on people as Gold will not drop , so they will sell in every step and people will buy in every stop.This is the game and they prepare themselves to begin to sell from the highest price.
Try publishing this in the UK weekend papers: Traders bet BankofEngland will raise rates to 6.25% --highest since 1… https://t.co/GWXrTEAk4R(10 months ago)
Poor start to a slow market day as Ezone PMIs disappoint. Im still keeping an eye on the rare (-2%) USD-GOLD combo,… https://t.co/UyRzWsRbs7(10 months ago)
-5% YTD is not good, while -7% from the year highs can be tough. Gold traders have their eyes fixated on this for n… https://t.co/NV5UMKsfNo(10 months ago)
ما وراء هبوط الدولار مع الذهب و من منهما يتمكن الارتداد؟
موعدنا الآن في غرفة شركة إكس أم لجلسة الأسواق
https://t.co/Y7tD0RxCS2
@XM_COM (10 months ago)
Jobless claims > 300k before next FOMC meeting would be ideal for Fed to make up for any CPI upside surprise (10 months ago)
"Cook & Eat at Home" scheme may come next to defeat UK inflation... (10 months ago)
Earlier in the week gold selloff was attributed to smaller than exp China EASING. Metal is now holding v well despi… https://t.co/ZW9cmXTPWW(10 months ago)
تجنب الخطأ الشائع المتمثل في خلط مؤشرات الناسداك وداوجونز و الاس ان بي وإليكم كيفية تفاعله بشكل مختلف مع تذبذبات في عوائد السندات ليست كل مؤشرات الأسهم متشابهة. شاهد الفيديو
How to improve your decision--makingh between Nasdaq100 and SPX by watching technicals in bond yields -Details in video description.
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You have told that Gold is anti-Euro but now do you think they act in the same way again ? Since Gold goes up while EUro goes up
Thanks Rim
On Shanghai Comp index and commodiies relation no chart analysis ?
What about gold ?
May I know your opinion on possible EU rate hike near term in order to prevent collapse in EU,
since FED will nor hike rate to prevent more collapse of EU , but conditions will force them ?
On GOLD double top occurred. What you think about it ? Or double top failed ?
Thanks
Due to the recent news FED probably will remain rates till 2011,
By the time DXY goes higher ,
If lending rates between banks remain so low under these DXY conditions ,banks will not lend
money, Hence from where will they find money ? DO YOU THNK THEY WLL SELL GOLD ? Or a new crisis ?
On your charts , Silver 100 MA cross over 200 MA ? or not yet ?
Majority of Chinese people have the same mind with you ? If so , if every chinese begin to buy
gold , the gold in the world will not enough for all
You are absolutely right. They need cash and the only way to get it is to sell stocks and commodities like gold.
hence before beginning to sell they have to create an impression on people as Gold will not drop , so they will sell in every step and people will buy in every stop.This is the game and they prepare themselves to begin to sell from the highest price.
As you see Euro near at 1.28 but Gold still above 1160 ,How you explain this ?
Can you show us a chart on Euro / Gold Ratio ?
Thanks.