Open/Wrap

Asian market open

You can click through here and read my full opening comments on FX Street.

  1. Hi Sean,

    Do you still maintain a bullish reversal view of GOLD? Looks like Gold bubble is bursting and is heading for a fair price. Even though FED have been printing money but they haven’t doubled the amount of US dollars worldwide. So the massive rallies of GOLD because of QE, QE2 and QE3 were not reasonable or I am missing something?

  2. Hi Lam-Son, yes I think this dip is the last great dip-buying opportunity. As to how far the dip is? Not sure, might even see $1000 and below but we gotta buy dips I think.
    Based on historical USD money supply and Gold, I’ve seen recent research saying price should be $3000+ but all this analysis is very subjective

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