Monday, July 22, 2013

Diversify: Trade Positions

On Gold & Equity
After a week of lackluster trading from the huge decline on the USD due to Bernanke's balancing remarks have been reflected in the FX market's ability to move in either directions. As most investors have likewise shifted money flow back to the equities and the precious metals markets.

With the Dow reaching beyond its historical highs @15589.40 have remained bullish supported with equity earnings at record levels after seeing the previous decline @14551.40 last June 24, 2013. And the recent decline of the USDx @80.60 on the week ending June 14, 2013. While, Gold registered its low @1180.19 the following week of June 23. This simple yet effective market scenario do occur, and when all the three major markets made their moves concurrently at the same time with a few interval difference on its time- frame. Surely, a lot of traders have noticed , except to simply overlook such indication of a price reversal can on be made thereafter. In essence, a major market reaction totally opposite was in the making.

Diversify: Trade Positions

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