Gold Price Drop Below USD1,074 level


















As last post I had write that gold price will revisit 1,074 level but this time it broken this level and now the 2nd support will be 1,050 level.

Now gold price is totally support by China and India buying power once they stop buying gold price will drop. However this they still need to buy gold just that they want to buy in lower price so sure the gold price will fly high want US sale out they gold.

Share market is going to have a big correction after a small rebound by end of FEB after that I think FBM KLCI will revisit 1,000 level so it is better hide your money in gold investment or buy property to rent out.

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