Gold | Silver | Forex online daily trend | alerts | Updates: June 3rd, 2011

Gold (XAU/USD):
  • Bought (Long) gold at USD 1490/ounce (18th May 2011)
  • Maintain long position for gold; 
  • Close position if gold spot price close below USD 1470/oz (support at 50 DMA (daily moving average)); exponential moving average preferred.
  • NFP (non-farm payroll) report result on Friday., actual result lower than expected. Bearish for USD but bullish factor for gold.
Silver (XAG/USD):
  • All silver positions closed.
  • Stand aside awaiting new entry signal (uptrend) for silver price to close above resistance at 20 DMA (daily moving average)); exponential moving average preferred.
  • Change for Silver (XAG/USD) for the past 5 years = +198%; averaging at 40% per year.
  • Change for Silver (XAG/USD) for the past 1 year = + 100%; therefore, silver is over-priced at the moment.

Comments

Popular posts from this blog

Find a Doctor who will prescribe Paxlovid and Early Outpatient Treatments for COVID-19 (USA)

FLCCC I-Care Early Treatment Protocol (2023)

FLCCC I-Recover Protocol: Post Vaccine Treatment Protocol (February 2023)

20 Best Medical Cards in Malaysia 2023

I-CARE Insulin Resistance Protocol: Guide to Managing Insulin Resistance, Metabolic Syndrome and Type II Diabetes

Glutathione vs NAD: What's the Difference?

Dr Peter McCullough: Prescription and Over-the-Counter Treatments for Post-COVID Syndrome (2023)

FLCCC I-CARE RSV AND FLU TREATMENT PROTOCOL (2023)

Mastercard unveils new Carbon Calculator tool for banks globally (2021)

How to Make Povidone Iodine 1% Nasal Spray