Chinese had missed buying #GLD in the last bull run from 1175 to 1800 -
1924 as they were waiting for a technical level 1065 - Chinese have a
lesson learnt in the past so they wont be taking any chance waiting for
technicals 1180 or whatsoever as per the $1000 hype in the market doing
rounds now - Chinese will stack their gold reserve between the levels
1226 - 1300 for target 2352
What about the demand and supply factor ? Italy has dumped it's gold reserve - the impact ?
What about the demand and supply factor ? Italy has dumped it's gold reserve - the impact ?
Will be balanced by Chinese buying - simple
How confident about Chinese buying ?
Dr.Copper Smells a recession rat after the weak Chinese data - there are growing indications that china will officially come out with its recession call in the days ahead..
How confident about Chinese buying ?
Dr.Copper Smells a recession rat after the weak Chinese data - there are growing indications that china will officially come out with its recession call in the days ahead..
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