We are loading GOLD (Disclaimer)
Posted by admin in Commodities, Futures Pick, Market AnalysisGood Afternoon,
We have channelled in all our Funds into our company trading account to increase our buffer. At the moment, we are around 65% loaded with NIKKEI, HK, SIMSCI, EURO, JPY, LOCO, some Singapore and Indonesia Blue Chips. We are happy with the current position and with the recovery of some of the markets, we have placed some “profit-stop” levels. SO if there are more damage/selling of the market, we will not be hit by the market volatility.
Overall, especially for GOLD and NIKKEI, we are looking at them to hit US$1550 and 11,000 within this year. With the current price at US$1400 and 8950. That’s 10.7% and 22.9% potential upside from where we are. So we are looking to keep a good chunck of them and hold them all the way until the levels are met or unless there is a change of economical direction/events.
Kindly remember, nothing is 100% therefore please exercise money management. Our mailing group is getting bigger
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