India, not Trump, is the real reason behind the crash in gold prices

If you have been puzzled about the crash in gold prices after Donald Trump's election, you are in the company of almost every analyst and media outlet in the western world.

Gold and silver are a major part of the research at The Arora Report. A combination of our proven precious metal algorithms, extensive resources and knowledge of the emerging markets led us to alert subscribers to The Arora Report early that gold was about to crash and the reason behind it. Immediately after the election, the net position of The Arora Report in gold, silver and miners has been short as part of a sophisticated strategy.


Gold: Abnormal Behavior By Jim Rogers

Gold: Abnormal Behavior By Jim Rogers


Gold price are likely to fade as US interest rates move higher

Gold bounced back above its 200d MA this morning after China returned to the market after a long weekend. We still believe that rallies in the gold price are likely to fade as US interest rates move higher. Support for the metal that emanates from geo- political risk around Russia and the Ukraine is very difficult to trade ,given that the price action is event and news flow driven. As a result we also believe that the influence of this event on the gold price is also likely to be transitory. We rather focus on underlying physical demand developments for the metal in Asia and developments in US interest rate. Gold support is at its 200d MA at $1,299 and $1,291. Resistance is at $1,316 and $1,320.
As far as Chinese demand is concerned, we note that demand has improved marginally in the past two weeks, with the SGE premium shifting from being well in the negative territory into a marginally positive territory around the $0.50 level. This does signal that demand from especially China is likely to improve on dips below $1,300. However , we would also expect the SGE premium to move back into negative territory if gold moved to f ar above $1,300


Gold Selling Could Dry Up Soon.

Gold for June delivery fell $5.40, to settle at $1,288.50 an ounce on the Comex division of the New York Mercantile Exchange. That was the lowest settlement for a most -  ctive contract since April 3. May silver also took a hit, losing nearly 25 cents to $19.35 an ounce. 

Gold prices had brea ched the 200 - day moving average around $1,299 right before the long weekend, which may have prompted some technical - based selling.The 100 - day moving average around $1277.0 could be the next target, and a close under that level could send gold even lower. But the producer- merchant segment of Comex participants are now showing their lowest short position in eight years, which indicates that selling could dry up soon. 

Traders kept watch on the Ukraine - Russia conflict. The international organization tasked with helping to defuse the crisis intends to work on bolstering its ranks with more monitors. 


For the gold price, two outcomes are possible.

For the gold price, two outcomes are possible. First is a return to or near the April low ($1,277.40). Second is a drop to a lower low, $1,240 - $1,260. Yet a third possible outcome is that the June and December lows were not a double bottom and one further drop may come. I account that the least likely, and look for a low here by the end of the week, but I'm no more'n a nacheral born durnd fool from Tennessee, so what do I know?
You'd think that an institution charged with promoting the gold industry would produce reports that at least cast the best light on gold's prospects. You'd think wrong, if you're thinking about the World Gold Council. They've been negative on gold for, oh, the last 14 years or so. Today they issued a report that contained a nugget about Chinese business using physical gold as collateral for bank credit ($40 bn worth) but they managed to tease a gloomy forecast even out of this inventive monetary use. That and bad economic news out of China appeared to be the catalyst for gold's drop today.

But when the drop is ready, the cause appears. That fall was likely already in the market, and the report, plus jitters over the first anniversary of the April Massacre in gold and silver last year, furnished an excuse. I had been thinking that the gold price had possibly completed a three leg (A-B-C) correction, but clearly another leg remains. That began today.

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I found Gold Investment in Malaysia is a vary good tools to make profit when the market is down. I also found that Gold Price go up and down more slower compare to share market so to make money in long term, Gold is the right tools. This blog is all about Malaysia Gold Info and the way to make profi

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