Want to know and invest in Gold Bees

[AW10]

another more important and fundamenta reasons is that china has allowed its retail investor to invest in gold.
Cause they are stuck with $ assets.. so they are buidling up gold reserve in country (wish our govt also takes some action like that).
China has already committed to buy the gold that IMF is planning to sell to raise cash.
Estimates is that by next year, china will be overtake us in Gold demand and will produce #1 demand for gold and we being at #2.

And when china moves (like a big elephant), it can move the world.

ofcourse as $ goes down, gold will go up.. and maybe in future replace $ as reserve currency for global trade.

Happy Trading

 

[praveen taneja]

"When you have money in hand, only you forget who you are. But when you do not have any money in hand, the whole world forgets who you are"

 

[Capricorn]

there is one n only one reason gold is going up as $ is weakening
for the last 30 years no gold mine found
1000$ resistence it is trying to jump n above it is around 1300$ so u can calculate 300$ profit means:clap:

http://img27.imageshack.us/img27/9572/goldtp.png

PT bro buying at the trend line would be a good idea. That's a weekly chart.

 

[Capricorn]

"When you have money in hand, only you forget who you are. But when you do not have any money in hand, the whole world forgets who you are"

A friend is one who walks into your life when the world has just walked out.

 

[praveen taneja]

http://img27.imageshack.us/img27/9572/goldtp.png

PT bro buying at the trend line would be a good idea. That's a weekly chart.

Thanx bro for nice chart but as Diwali and marriege season is here I feel gold can break the upside barrier of 1000$ and as I am interested in SIP so it wont effect much as avging is the funda of SIP:clap:

 

[Capricorn]

That's what I am trying to say buy/average at/about the trend line.

You asked for a simple strategy, can't get simpler than that.

 

[praveen taneja]

Gold Bees 1Minute chart of Today

 

[praveen taneja]

 

[praveen taneja]

 

[praveen taneja]