logo |

News

    Home   >     Industry    >     Main body

    Some Things Behind Bullish Gold| KOL Forex Analysis•Jasper Lo

    Abstract:Gold prices keep on the run up to other fresh highs after recording $1,920 on July 27. As of the time of writing, gold spot prices have set a new historic record of $2,075.00 for the moment on August 6, while COMEX Gold futures saw its most trading volume in December with the record high of $2,089.20. Financial markets are now enthused to discuss when gold will find its peak?
    Jasper

      Gold prices keep on the run up to other fresh highs after recording $1,920 on July 27. As of the time of writing, gold spot prices have set a new historic record of $2,075.00 for the moment on August 6, while COMEX Gold futures saw its most trading volume in December with the record high of $2,089.20. Financial markets are now enthused to discuss when gold will find its peak?

      Currently, rational analyses suggest that gold prices will peak at $2,100-2,300. In other words, it may shrink at any time. Thus day traders should stay circumspect and prepare themselves to preempt risks and losses at every step. On the contrary, some other analyses exaggerate the peak at $3,000-10,000 for eye catching. I cannot deny them as they are possible to be true after decades. For the foreseeable future, however, they can find no chance unless there is a large-scale military conflict among nations in the short term.

    圖片.png

      Long-term investors might go bargaining hunting after the sharp correction in gold prices. Here are some suggestions for them:

      Firstly, dont hold physical gold. Such way costs most considering the spreads and storage.

    圖片.png

      Secondly, many gold mining stocks may not fully catch the uptrend of gold prices. Whats worse, some of them are just nominally called so but taking other mineral products as the major part indeed while only keeping a fraction of gold. In this regard, it is necessary to check relevant company information before purchases.

      Thirdly, gold holders with a long time horizon might think about the related ETF. It is quite suitable to be held for the long term because of its close lockstep with gold prices.

      [About The Author]

      Since 1987, Jasper Lo has been engaged in the financial industry

      (forex, futures and gold) for more than 32 years and holds forex R.O.,

      securities and futures broker licenses. Mr Lo is an expert in trading

      forex, precious metals and commodity futures and an basic and technical

      analyst.

      Over the years, Mr Lo won many individual and team sales champion

      awards, as well as outstanding employee awards. He was invited, as a

      guest mentor, to the University of Hong Kong, Guangdong Ocean University

      and Guangzhou Jinan University. And he was also appointed as the chief

      training consultant by Hantang Securities and Dongguan Securities in

      China.

      Mr Lo's experience as guest of honor invited by media including Chinese and English newspapers and columnist:

      -Guest of honor invited by TVB New Channels such as Finance Channel, Forex Focus, Global Watch

      -Guest of honor invited by Now Finance Channel - Forex Reports

      -Guest of honor invited by i-CABLE Finance Info Channel - Forex Opportunities

      -Guest of honor invited by ViuTV - Investor Smarter Group

      -Columnist of Finance and Forex Market of Ming Pao

      -Presenter of Finance and Forex Forecast of Ming Pao

      -Presenter of Investment 36 Stratagem and Technical Analysis in 1 Min of Ming Bao Finance

      -Appointed lecturer of Ming Pao Investment Seminar and Paid Course

      -Author of the best seller Investment 36 Stratagem

      -Columnist of Forex Expert, Forex Analyst, Marathon Weekly of ET Net

      -Guest of honor of Open Good Morning of ET Net

      -Guest of honor of Metro Finance Channel - Market Opening, Instant

      Market Fighting, Guangdong-Hong Kong Finance, Finances Power, Market

      Analysis

      -Guest of honor of New Era of Investment of RTHK

      -Columnist of Capital Commodities of Capital Weekly

      -Guest Presenter of Wang Guanyi Online Finance Channel - Fund and Commercial Bond

      -Columnist of Wealthub Finance and Investment Smart Platform of Enrich Culture

      -Guest presenter of Weekly Investment in the World of Enrich Culture

    image.png

      WikiFX,

      a third-party forex broker inquiry platform, has collected the

      information of 19,000+ forex brokers, 30 regulators, and helped victims

      recover over 300,000,000.00 USD. WikiFX App provides functions like

      forex brokers inquiry, calender, forex news express, calculator and

      other trading tools to help you get trading done with ease.

      Forex

      brokers inquiry: in order to create a safe forex trading environment,

      WikiFX offers you two methods of checking the compliance of forex

      brokers, online checking and offline investigation report. WikiFX has an

      independent inspection team, conducting on-spot visit to brokers

      offices to identify they are trustworthy or not.

      Forex calender: the financial events which may affect forex trading

      Forex news express: providing you the latest info anytime and anywhere

      Forex

    Latest News

    United States Dollar

    • United Arab Emirates Dirham
    • Australia Dollar
    • Canadian Dollar
    • Swiss Franc
    • Chinese Yuan
    • Danish Krone
    • Euro
    • British Pound
    • Hong Kong Dollar
    • Hungarian Forint
    • Japanese Yen
    • South Korean Won
    • Mexican Peso
    • Malaysian Ringgit
    • Norwegian Krone
    • New Zealand Dollar
    • Polish Zloty
    • Russian Ruble
    • Saudi Arabian Riyal
    • Swedish Krona
    • Singapore Dollar
    • Thai Baht
    • Turkish Lira
    • United States Dollar
    • South African Rand

    United States Dollar

    • United Arab Emirates Dirham
    • Australia Dollar
    • Canadian Dollar
    • Swiss Franc
    • Chinese Yuan
    • Danish Krone
    • Euro
    • British Pound
    • Hong Kong Dollar
    • Hungarian Forint
    • Japanese Yen
    • South Korean Won
    • Mexican Peso
    • Malaysian Ringgit
    • Norwegian Krone
    • New Zealand Dollar
    • Polish Zloty
    • Russian Ruble
    • Saudi Arabian Riyal
    • Swedish Krona
    • Singapore Dollar
    • Thai Baht
    • Turkish Lira
    • United States Dollar
    • South African Rand
    Current Rate  :
    --
    Amount
    United States Dollar
    Available
    -- United States Dollar
    Risk Warning

    The Database of WikiFX comes from the official regulatory authorities , such as the FCA, ASIC, etc. The published content is also based on fairness, objectivity and fact. WikiFX doesn't ask for PR fees, advertising fees, ranking fees, data cleaning fees and other illogical fees. WikiFX will do its utmost to maintain the consistency and synchronization of database with authoritative data sources such as regulatory authorities, but does not guarantee the data to be up to date consistently.

    Given the complexity of forex industry, some brokers are issued legal licenses by cheating regulation institutes. If the data published by WikiFX are not in accordance with the fact, please click "Complaints "and "Correction" to inform us. We will check immediately and release the results.

    Foreign exchange, precious metals and over-the-counter (OTC) contracts are leveraged products, which have high risks and may lead to losses of your investment principal. Please invest rationally.

    Special Note, the content of the Wikifx site is for information purposes only and should not be construed as investment advice. The Forex broker is chosen by the client. The client understands and takes into account all risks arising with Forex trading is not relevant with WikiFX, the client should bear full responsibility for their consequences.