Thursday, April 15, 2010

Upgrade Gold to 1195

Rumor says China to raise RMB NEXT WEEK. USD will go down, commodities will go up.
Only problem is the rumor on interest hike. Me thinks it will not happen until late May. We still have time.

To be conservative, I may watch my stop carefully. If GC can close above 1162, I will chase more. Otherwise, it may retest 1120 support.  Anyway this will be a 40 points wave. I am so excited.

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