View: Weak Gold

Friday 7 January 2011

Weak Gold

Same goes for Gold too.
5th Jan call for a weaker Gold price can be seen happening as well.

Yesterday I mentioned about weakness in Spanish IBEX.
We can see that in the chart below.
This market seems to be heading lower.
Finally sometime this year it will take out its 2009 lows.

Wait and watch...

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About Me

My name is Sameer Saifan and I am based in London, UK. After completing BEngg [Mechanical] from India I came to the UK to do a MSc Operations Research from the London School of Economics.

I have spent the last decade working for multi-billion dollar Fund of Hedge Funds based in London. My last role was Head of Risk Management and Quantitative Research at a $10 billion Wealth Management firm based in London.

My skills sets include an understanding of Statistics, Behavioral Finance, Technical Analysis, Global Financial Markets, Hedge Funds and Wave Theory. My work is related towards Risk Management and Global Tactical Asset Allocation.

The aim of this blog is to help people understand my view of Global Financial Markets. I aim to combine behavioral aspects of human nature , sentiment measures that reflect the herd-like behavior of the crowd and its impact on Global Financial Markets across all asset classes.

My next assignment takes me to the Middle East where I will be involved in [Multi Asset Class] Risk Management for a multi billion dollar SWF.

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