Work has been tiring. I think i killed enough brain cell in one day compare to how much i would kill in one week previously. To add to that, my back hasn’t been feeling well since practicing broad jump this evening. Looks like its breaking soon ><"
RI in SGfunds was pretty bearish on gold short term, probably due to the interest in gold by a crowd who would normally not be interested in it.
Its really difficult to call whether gold is going to do well short term, but since it broke out of a small consolidation today, i am of the view that short term it should move higher. The weekly charts look promising as well not to mentioned the fundamental story supporting a short term gold rally.
We can only hope it would be good this time.