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Friday, 7 November 2014

Gold: 7 November 2014, Friday, 10.22pm Singapore Time

Gold: 7 November 2014, Friday, 10.22pm Singapore Time

Gold is BELOW FAIR VALUE when it is below $1200 without executing dead cat bounce.

Donovan Norfolk Technical Rating:
STRONG BUY
FOR BIG DEAD CAT BOUNCE

Invested in more Gold at $1151.60
(Broad Commodities Dead Cat Bounce is Coming)
Too many people are bearish on Gold right now; a strong dead cat bounce is coming to wipe out Gold shortists.

Target remains at $1550-$1600 (No Change in Target)




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