Weekly Review: Volatility heats ups

This week was certainly volatile with monetary policy changes from the Australia side. RBA cuts their interest rates to prevent the Australian dollar from rising in this age of currency wars. Let’s have a look at some of the highlights. Dow Jones Index US30 The...

Trading Idea 5 May 2016: XAUUSD

At Singapore time about 7.23am, gold seems to be rebounding from support after last night’s downwards movement. It then rebounded strongly after seemingly touching the support point as maybe buyers started coming in. Will the movement continue...

Weekly Review: Top in US Index

This week had certainly been exciting as we get to have big moves in the market due to Japan’s monetary policies and some dumping of stocks. Let take a look at the charts. Update on Dow Jones Index US30 Looks like Dow Jones Index couldn’t hold the 18,000...
GOLD ilocks and the BEARS

GOLD ilocks and the BEARS

No this isn’t a childhood bedtime story. What I’m talking about is gold. It seems like gold has made a comeback from the dead. After the huge rally during the economic downturn, it faltered and investors lost interest in this shiny object when the stock...