MARI invest

lousylah

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The past week’s price action in equities and metals driven alot by margin calls.

i feel one last flush on mon/tues to 3.8k or even 3.7kUSD support for gold before stabilising or rebound. of course always DYODD!

Mari gold good time to buy? When support?

Gold silver US markets lao sai. Don't think it is wise to catch falling knives
 

Mr.Canberra

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Looks like STI really heading for 5k support. Now 5300😄

I have been saying this for MISE/STI since weeks ago. Better take profit and run first.

Till end of the year is probably bearish. Can always buy back next year or when retraced to 5000pts level.

As for MII the slight improvement could be a dead cat bounce. Macro conditions are still not positive with oil price staying elevated and Fed tightening.

My China AI/Chips ETF portfolio lao sai quite jialat. More cui than NASDAQ. 🤣
 
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FlyGuardX

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The past week’s price action in equities and metals driven alot by margin calls.

i feel one last flush on mon/tues to 3.8k or even 3.7kUSD support for gold before stabilising or rebound. of course always DYODD!
bro you really good at looking at gold
now mari gold -13.21%
 

lousylah

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bro you really good at looking at gold
now mari gold -13.21%
Yesterday afternoon selloff in gold/metals triggered by US bombing of iran. gold stabilised currently, silver looks to have further downside. Platinum freefall continues.

objectively the near term looks more range-bound for gold. It is currently oversold according to RSI so probably wont drop much more - at most 3.8kUSD though currently 3.9k floor seems firm.

also little near-term upside given alternative assets like bonds, tech equities are more attractive.

those who are down on MIG will either have to wait it out long term or cut loss if no holding power (or to buy the dip on equities, tech, bonds). Those with little or no allocation and longer time horizon can consider adding a small portion 5-10% of port at current levels.
 

pratik28

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I wonder if world will be peaceful anytime soon , especially with AI replacing pple , its costs , cyberattacks , etc
and the whole cycle of how people getting relatively poor coz of job loss and its impact on their investing power.
Let alone uncle Trump & FED impact on all the asset classes haha
 

lousylah

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objectively the near term looks more range-bound for gold. It is currently oversold according to RSI so probably wont drop much more - at most 3.8kUSD though currently 3.9k floor seems firm.

also little near-term upside given alternative assets like bonds, tech equities are more attractive.
Oops. Seems i spoke too soon.

somehow democratic party strength at the elections is seen as bearish for USD so gold modestly picking up.

the expected (now confirmed) blue wave is seen to be bad overall for business due to increased scrutiny and regulations > DCs, AI, crypto, banking, oil, etc will have less free-hand to build/expand. Therefore not great overall for equities maybe also less free-hand for trump to trigger happy on iran > cheaper oil > less demand for USD, blah blah.

One would have thought all the above be priced-in given the weeks of falling poll numbers for trump. it shows no way to time the market and diversification is important!

I wonder if world will be peaceful anytime soon , especially with AI replacing pple , its costs , cyberattacks , etc
and the whole cycle of how people getting relatively poor coz of job loss and its impact on their investing power.
Let alone uncle Trump & FED impact on all the asset classes haha
 
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