{"id":16603,"date":"2012-09-22T10:13:56","date_gmt":"2012-09-22T08:13:56","guid":{"rendered":"http:\/\/bontrade.org\/blog49\/16603\/weekly-fundamentals-gold-has-further-to-go-after-consolidation\/"},"modified":"2012-09-22T10:13:56","modified_gmt":"2012-09-22T08:13:56","slug":"weekly-fundamentals-gold-has-further-to-go-after-consolidation","status":"publish","type":"post","link":"https:\/\/bontrade.org\/blog49\/16603\/weekly-fundamentals-gold-has-further-to-go-after-consolidation\/","title":{"rendered":"Weekly Fundamentals &#8211; Gold has Further to Go After Consolidation"},"content":{"rendered":"<p>Profit-taking was seen last week after the market digested the Fed\u2019s QE3 announcement and the ECB\u2019s new plan to buy bonds. In the commodity sector, the outperformer was gold which stayed firmly above 1750 and managed for record gain for a 5th week. We expect the yellow metal has the potential to rise further, reaching 2000 or above next year as global central banks retain easing bias and interest rates would remain low.<\/p>\n<div>\n<a href=\"http:\/\/feeds.feedburner.com\/~ff\/OngFocus?a=NN7uciQmbu0:6Oz_FU_j20A:yIl2AUoC8zA\"><img decoding=\"async\" src=\"http:\/\/feeds.feedburner.com\/~ff\/OngFocus?d=yIl2AUoC8zA\" border=\"0\"><\/img><\/a> <a href=\"http:\/\/feeds.feedburner.com\/~ff\/OngFocus?a=NN7uciQmbu0:6Oz_FU_j20A:V_sGLiPBpWU\"><img decoding=\"async\" src=\"http:\/\/feeds.feedburner.com\/~ff\/OngFocus?i=NN7uciQmbu0:6Oz_FU_j20A:V_sGLiPBpWU\" border=\"0\"><\/img><\/a> <a href=\"http:\/\/feeds.feedburner.com\/~ff\/OngFocus?a=NN7uciQmbu0:6Oz_FU_j20A:F7zBnMyn0Lo\"><img decoding=\"async\" src=\"http:\/\/feeds.feedburner.com\/~ff\/OngFocus?i=NN7uciQmbu0:6Oz_FU_j20A:F7zBnMyn0Lo\" border=\"0\"><\/img><\/a> <a href=\"http:\/\/feeds.feedburner.com\/~ff\/OngFocus?a=NN7uciQmbu0:6Oz_FU_j20A:qj6IDK7rITs\"><img decoding=\"async\" src=\"http:\/\/feeds.feedburner.com\/~ff\/OngFocus?d=qj6IDK7rITs\" border=\"0\"><\/img><\/a> <a href=\"http:\/\/feeds.feedburner.com\/~ff\/OngFocus?a=NN7uciQmbu0:6Oz_FU_j20A:l6gmwiTKsz0\"><img decoding=\"async\" src=\"http:\/\/feeds.feedburner.com\/~ff\/OngFocus?d=l6gmwiTKsz0\" border=\"0\"><\/img><\/a> <a href=\"http:\/\/feeds.feedburner.com\/~ff\/OngFocus?a=NN7uciQmbu0:6Oz_FU_j20A:gIN9vFwOqvQ\"><img decoding=\"async\" src=\"http:\/\/feeds.feedburner.com\/~ff\/OngFocus?i=NN7uciQmbu0:6Oz_FU_j20A:gIN9vFwOqvQ\" border=\"0\"><\/img><\/a>\n<\/div>\n<p><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/feeds.feedburner.com\/~r\/OngFocus\/~4\/NN7uciQmbu0\" height=\"1\" width=\"1\" \/><\/p>\n<p>Read the original here:<br \/>\n<a target=\"_blank\" href=\"http:\/\/feedproxy.google.com\/~r\/OngFocus\/~3\/NN7uciQmbu0\/\" title=\"Weekly Fundamentals - Gold has Further to Go After Consolidation\">Weekly Fundamentals &#8211; Gold has Further to Go After Consolidation<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Profit-taking was seen last week after the market digested the Fed\u2019s QE3 announcement and the ECB\u2019s new plan to buy bonds. In the commodity sector, the outperformer was gold which stayed firmly above 1750 and managed for record gain for a 5th week. We expect the yellow metal has the potential to rise further, reaching 2000 or above next year as global central banks retain easing bias and interest rates would remain low. <\/p>\n","protected":false},"author":24,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-16603","post","type-post","status-publish","format-standard","hentry","category-welcome-start-here-tradecrudeoilchatroom"],"_links":{"self":[{"href":"https:\/\/bontrade.org\/blog49\/wp-json\/wp\/v2\/posts\/16603","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bontrade.org\/blog49\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bontrade.org\/blog49\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bontrade.org\/blog49\/wp-json\/wp\/v2\/users\/24"}],"replies":[{"embeddable":true,"href":"https:\/\/bontrade.org\/blog49\/wp-json\/wp\/v2\/comments?post=16603"}],"version-history":[{"count":0,"href":"https:\/\/bontrade.org\/blog49\/wp-json\/wp\/v2\/posts\/16603\/revisions"}],"wp:attachment":[{"href":"https:\/\/bontrade.org\/blog49\/wp-json\/wp\/v2\/media?parent=16603"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bontrade.org\/blog49\/wp-json\/wp\/v2\/categories?post=16603"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bontrade.org\/blog49\/wp-json\/wp\/v2\/tags?post=16603"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}