Gold Technical AnalysisSHORT Case• Gold has resumed it’s fall as expected in our last report. $2060 was a good sell area, as well as $2040.• We’re looking to see how price will react around the $2000 level.LONG Case• Medium term we are bullish on gold, although gold could be heading towards $2000-$1950s for the near term.• We remain on the lookout...
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SHORT CaseWe would use short term sell positions to protect longer term buy positions here onwards, unless we see oil breach $72 level, which at the moment seems unlikely as we saw oil break confidently above $80s last week.LONG CaseWe are looking for buy opportunities on Brent crude Oil, observing crude oil around $75—$78 for signs for upward move...
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China Stock Rebound Chinese equities rallied as Beijing stepped up its efforts to stem a rout with a string of policy announcements including a state fund’s vow to boost stock purchases. President Xi Jinping is also set to receive a briefing from Chinese regulators on financial markets, according to people with knowledge of the matter, undersco...
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