Gold

Gold is entering bearish phase. It next support level will decide whether it moving side way or downward. MA 200 has been breached twice. High chance gold will move side way until QE3 is materialised. Otherwise, i believe wealth will slowly creeping back to economy. No matter how pathetic is world economy growth range 2 - 3% at least still growth. But gold does not give any return. Honestly i think gold has been overvalued.

The fear is somehow subdue, the market only jitter for one two days longest one week whenever bad news emerged from Euro Zone. Probably people has been immune to this virus since 2008. People is started get used to crisis nowadays.