USD Index : coming crack !!!

Gold , silver, crude, US$ !

Gold is showing signs of technical topping ..a correction could set in..should there be a further bad news then it may rise further...Silver and crude both are looking weak and tired ..


...but any "otherwise" news ( bad/ good) can change the mood of the players !




US$ is looking great and it may rise further as other "safe havens" are too overpriced now ! 

sep11/2011 

COMEX GOLD : bull trap

Comex Gold : huge resistance @ 1825$
Beware of bull trap ! 
(cmp 1788$ , up 25$ )
But if it remains above 1830$ on weekly basis then another 5% odd leg up possible even a new high.

 26/8/11

Doomed dollar !

Just keep aside Equity, commodities etc for a while and lets see a very interesting development taking place in US$. This could be very-very positive for all kinds of asset classes in coming future.

 Last week US$ touched a very very crucial level of  76.5 in its index and had a little bounce ( obviously !). This was fifth time  that this index touched a long term support line drawn since 2007-2008. 

....Then what?, I don't understand .

 OK, what may come are two possibilities 

Firstly , that USD index bounces sharply on the upside and almost every asset class falls with its rise

Secondly , that USD breaks this support and fall further . This may ignite a huge surprise rally all across.

Ok , now what do you mean ?.....

do you recall QE1 and QE2 ?!

...ooooooo....those...yes...yes...yes...

They worth hundreds of billion of US$ .

Now they have  started talking about QE3 !

This could lead to further depreciation of US$.

Now , guess your self.

12/2/2011