Tuesday, June 25, 2013
Crude oil has been trapped in a triangle for years. And now is approaching the apex of the 9-wave triangle... Life or death of crude oil depends on the direction of breakout. Watch Out !!
after seeing its volatility today, sensed something is moving in the shadow. This might be a wrong interpretation, but the large volume is disturbing me. Today in brokerage firm i saw many people placed short orders, they are all gong to be killed next week.
Sharing my discovery on US Dollar Index. I wish I had found out about this earlier 4 days earlier so that I could short the gold at higher price. Bernanke keeps hinting they will stop easing when the U.S. economy improves. Short term panic only.
Gold's latest update, $1,300 level is breached, this falling knife is too sharp. My friend had warned about the collapse since early last year, seeing is believing, but too late haha. The sharp fall in gold price has a bearing on Zhulian's current predicament, I believe.
Zhulian might have stocked up gold at a very much higher price. With the weaker price in gold, buyers would rather opt for the real thing than Zhulian's customer jewellery.
I seldom read news all my forecast are base on chart ,chart tell most of the time chart are in advance of news, news was created by the banker to give a reason for the down or up, dont forget the world is a big big casino. I saw the chart and the time, how far it will go also had predicted , later where it should go depend on the banker cos we are just players, when the worst to come is the time to turn. Gold is still making me nervous, moving averages keep resisting gold. I won't touch her now unless a clear support is seen.
