Since the Fed inject massive fund to help American economy, there is a threat of the declining dollar. Declining dollar can cause the inflation and many other impact.  Right now we already face it and seems don’t have any sign of when it is end.

See…. The Dollar keep declining. But there some bullish divergence on MACD.

Let’s see the impact on EUR/USD

EUR/USD now near all the time resistance level. If dollar keep declining, this can break out and make a new high

Gold up up and away

Dollar Weakness, Gold continue to rise is a post from: Vendy's Journal of Life

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After several months in trading range, Gold seems try to search a direction again.

Break out 960 level. This is why i closed my position on my GLD bear credit spread.

The point here is i start to think bullish position on Gold. With Dollar keep declining and massive fund injection by the fed, Gold is a good choice to consider.

Time to Buy Gold? is a post from: Vendy's Journal of Life

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