Gold has gone beyond $1,100/ounce, and dollar is sliding after G-20 agreement to maintain economic stimulus efforts
Free technical analysis on Hong Kong stock market, world stock markets, foreign exchange market, commodities market, as well as some important notes for being a successful trader.
Tuesday, November 10, 2009
Everything is clear right now (10-11-2009 HSI analysis)
After days of fluctuations, with HSI touching 65-day moving average line and rebounding, it seems that it is very clear that HSI would be rising up crazily.
Gold has gone beyond $1,100/ounce, and dollar is sliding after G-20 agreement to maintain economic stimulus efforts. As a result, the economic would of course be better and we can predict that the stock market would be rising. If HSI is to be following the trend channel, it would go as high as 23,500. While everything tells us that we should be in long position, what are we waiting for before buying any stocks?
Gold has gone beyond $1,100/ounce, and dollar is sliding after G-20 agreement to maintain economic stimulus efforts
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment