Gold down before U.S. jobs data; heads for weekly fall
http://www.reuters.com/article/2015/02/06/...N0VG4PN20150206

Gold gains on weak dollar and shares, still near 3-week low
http://www.reuters.com/article/2015/02/09/...N0VJ41O20150209

Should you write off gold this year?

"It's the nail in the coffin for gold," said Howie Lee, an investment analyst at Phillip Futures, noting it fell despite increasing tensions over Greece.

"It's increasingly likely [the Federal Reserve] will hike in June. Prospects of higher interest rates have proved to be a catalyst for gold's downfall."

http://www.cnbc.com/id/102407757

may go even lower. having said that, u could buy small amount for now.
then later when price drop even lower, buy another batch

Gold edges up on dollar but heads for third weekly drop
http://www.cnbc.com/id/102422821

Gold was little changed today as investors eyed talks over Greek debt, but the metal was headed for its fourth straight weekly dip as a last-minute deal was expected, while a strong dollar also weighed
http://www.themalaysianinsider.com/busines...ing-towards-dip

Gold near seven-week low on Greek debt deal, China holiday
http://in.reuters.com/article/2015/02/23/m...N0LR09P20150223

jump 14th floor

Gold edged down on Friday and was heading for its biggest monthly loss since September, as European shares traded near seven-year highs and upbeat U.S. data supported expectations of a rate hike by the Federal Reserve this year.

"If the Fed really hikes interest rates in the second quarter and you can't really discount that entirely, there is still that shorter-term target that you could go towards $1,150," Bank of America-Merrill Lynch strategist Michael Widmer said.

who?

ahh.. now I know who..

yeah, the fellow MIA so long

page 38

save the thread few pages

+100

Stay clear, gold selloff could get uglier

"Gold has fallen from grace and its ascent to $1,306 in January now looks to be a false dawn and a distant memory," Howie Lee, investment analyst at Philip Futures wrote in a note on Monday.

"It is now in negative year-to-date territory and the downtrend looks unlikely to stop here. With the Fed moving closer to a rate hike after last Friday's labor report, no amount of buying-on-dips will likely be sufficient to rescue gold from its slide south," Lee said, adding that his 2015 target of $1,100 is now firmly in sight.

With a stronger U.S. dollar and little sign of inflationary pressure on the horizon, Ric Spooner, chief market analyst at CMC Markets, says it's the "worst case of all worlds for gold."

"The rally that took place [earlier this year] has failed. Critical support near $1,180 has been broken. This was long-term support starting June 2013 and tested numerous times so strong break below is very bearish," said Daryl Guppy, CEO at Guppytraders.com

His downside target for gold is $980 – 16 percent lower than current levels.

woah, really serious show there

Gold Holds Near Three-Month Low on U.S. Rates Outlook, ETP Sales
http://www.bloomberg.com/news/articles/201...es-as-fed-meets

UOB GOLD SAVINGS ACCOUNT

Bank Selling (RM) 140.30/g

Bank Buying (RM)138.2/g


http://www1.uob.com.my/business/GMIM/GMIM_pga.html



This post has been edited by nexona88: Mar 19 2015, 08:13 PM