Comments on: AUD/USD: Taking small profits off table

By: Sin

Sin — Thu, 11 Jul 2013 16:56:44 +0000

Sorry for the late reply. Thanks for sharing, Sean and James.

By: James

James — Thu, 11 Jul 2013 13:11:22 +0000

http://therealasset.co.uk/chinese-gold-market/

An interesting article about the gold market in China written by a colleague of a friend of mine.

By: Sean Lee

Sean Lee — Thu, 11 Jul 2013 07:53:17 +0000

Retail demand in China is reportedly sky high James, nouveau riche prefer gold to paper, at least to some dgeree

By: James

James — Thu, 11 Jul 2013 07:19:07 +0000

fwiw on gold I see some resistance around USD$1300 but if exceeded could see a move up to USD$1450 over next week or so (see my charts at http://supercyclebear.blogspot.com.au/2013/06/interesting-relationships-being-hit-in.html) Backwardation rising lease rates and no end of QE suggests to me we mave see some strong moves higher in the medium term.

By: Charles

Charles — Thu, 11 Jul 2013 06:54:41 +0000

AUD/USD seems to be getting held up by someone/something. EUR/USD falling way harder.. Either a trap for the longs or we’re going to explode higher soon.

By: Sean Lee

Sean Lee — Thu, 11 Jul 2013 06:24:49 +0000

Hey Sin, I think it goes through the roof! Not sure we’ve seen the bottom but I’d much rather be long than short

By: Sin

Sin — Thu, 11 Jul 2013 06:18:38 +0000

Well done, mate!

BTW, do you have any views on gold, Sean? 🙂

By: Chngster

Chngster — Thu, 11 Jul 2013 05:08:21 +0000

Onwards and upwards, gj! =P