Dear Friends,
Although the market is a bit stagnant amid the bad non farm payroll reports, Gold and Australian dollars continue their climb.
We did talk about a potential mid term bottom in both products as they are related to the QE issue. We do see this upward trend continuing in momentum.
Last articles published:
http://www.danielloh.com/2014/01/is-it-time-to-invest-in-aussie-dollars.html
http://www.danielloh.com/2014/01/a-mid-term-reversal-in-gold-is-in-cards.html
We predicted that Aussie dollars futures may have bottomed recently at 0.88. Now it is 0.9030.
We predicted that Gold futures bottomed at 1200. Now it is 1250.
Good luck if you have benefited from this prediction on 3rd January.
Time to put your stop loss at entry price if you have entered with us. We still think this run has momemtum!
Rgds
Daniel