PRINVST Financial Research Group

Gold spot prices are affected by complex factors such as treasury, money index, and the strength of the USD. Ever since Covid-19 happened, the FED reserved is being bloom and washed in approx 1.5 years.

We can see the gold price at end of 2019- mid-2020 ranging from MYR 175-270 then slightly declining in 2021 range at MYR 220+ and now fluctuating at MYR240+
There is a time for the gold spot price to hit high is to have support on AUD/USD on mining activities and EUR/USD start overtaking the mining industry.

Unfortunately, for now, the USD currency keeps rising, that's might be a bubble as nothing solid inside, US has a low reserve while the currency value is hiked, almost equivalence to Euro at 1:1.
So, there is no best time to buy gold but buying at low or buying early is a good choice and that ensures u earn in terms of units of gold, in long run, gold values will be increasingly higher than your buying price. What we had performed for the past few months is we hedge the gold spot exchange from 2,000 to 1900 then 1900 to 1800, and open TP to a lower position while moving SL to 1,799. At the meantime, whatever ever left in a physical manner, will remain in the vault, minus the maintenance fee, the net is still positive.

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Gold has been a recognized status for the millennia. It reflects the current situation of the financial markets globally. It is one of the precious commodities applied in economic capitalism for centuries until the repeal of the Gold standard and the creation of a fiat currency system in which paper money does not imply backing with any physical content towards monetization [1].

AU = Gold on the Periodic table of elements.
It is evaluated in USD. Thus the common yardstick for measuring Gold is denoted as XAU/USD.

Current GOLDSPOT price (XAU/USD) analysis
*** SUPPORT & RESISTANCE
S1 = 1918 [ # # #], R1 = 1959 [xx]
S2 = 1891 [xx], R2 = 2001 [xx]
S3 = 1828 [x], R3 = 2050 [ # # #]

[ # # #] STRONGEST strength

FYI, the Gold declined more about 1.5% to below $1,900 for an ounce on Monday, 25APR2022, closed at its lowest level in 2 months. This due to the FED policy tightening continued to support the USD and US Bond while denting demand for bullion [2].

There was a meeting hosted by IMF last week; the FED chair said there is a 50-basis point, commonly known as 50% increment, on the table for May and committed to "front-end loading" inflation-fighting efforts [3].

The dollar index broke a 2-year new highs record, followed by the benchmark 10-year US yields held near 3-year highs. Meanwhile, many investors, fund managers, and traders have remained cautious about the risk of stagflation and geopolitical uncertainties. The claim was calling for everyone to drive safe towards the demand and support for gold prices.

As discussed throughout my morning's commentary: quant trade had executed multiple SCALPING and closed for short term buy from 1891 to 1899. Micro-Lot Buy Stops strategy is applied over h1, performed on m5 timeframe. The output is convincing. All the entries had TPs or hit our BEs (SL closed).

However, we cannot be denied that the Gold delivered extra decline, which I was talking about. Personally, my formula points out that the SHORT sequence is far from over, and 1915 Support break can extend the decline towards 1900 barrier. The implementation is always

I have closed my Selling order Intra-day ( #1915 - 1900) on a fine 150+ pips, extending my Profits to last buy stops from 1891 - 1899.

Below are the analysis of using

Based on today's GOLDSPOT price analysis, you can see that the OVERALL trend = DOWN, Strength JPY-USD-CAD stay strong, > 5.00 currency strength.

However, the candle is falls in BUY REGION, chances towards LONG is preferred, ref chart [0].

Next, by using the PRINVST basic entry template, we can observe the gap of G-R is still big, FLOATING or SCALP is still possible, but the overall trend is still reflected as BEAR. MACD signal and its components tell the trend of change that will be happened, stay tuned for dy/dx =0. reversal shall happen. For the LONG direction, RSI should aim at 0-30. Signal now floating at 30-70. Gold will take a little float before it bull.

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REFERENCES

[1] "Gold or Bitcoin? The world's top crypto looks soft in the era of hard assets to hedge inflation
", Bloomberg, 20 Apr 2022, retrieved from: https://gulfnews.com/your-money/cryptocurrency/gold-or-bitcoin-the-worlds-top-crypto-looks-soft-in-the-era-of-hard-assets-to-hedge-inflation-1.1650435058383 (accessed on 26 Apr 2022).

[2] "Has the Federal Reserve Lost the Fight Against Inflation?", Bloomberg, 07 Apr 2022, retrieved from: https://www.bloomberg.com/opinion/articles/2022-04-07/has-the-federal-reserve-lost-the-fight-against-inflation (accessed on 26 Apr 2022).

[3] "Powell: '50 Basis Points on the Table at May Meeting'", Mark Kolakowski, 21 Apr 2022, retrieved from: https://www.investopedia.com/powell-50-basis-points-on-the-table-at-may-meeting-5248267 (accessed on 26 Apr 2022).

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This is advertisement material. PRINVST & the group shall not be held liable to the investors for any damage, direct, indirect, or consequential losses, including profit loss, claims, actions, demands, liabilities suffered by the investors or proceedings and judgments brought or established against the investors and costs, charges and expenses incurred by the investors or for any investment decision that investors have made as a result of relying on the content or information in this advertisement material.

It was not surprising that the RUB/USD is actually parallel to the effect of Brent Oil (LCO) and Crude Oil (CL).

That also implies that Russia's GDP growth and the effect of its economy throughout the revolution processes, wars, political influences, the oligarch and things just get well in Putin's era.

List of potential 5G Counters [OVERVIEW] after the PM had proposed that our country will roll in huge money in digital infrastructure involves investment by the public and private sectors – 12th Malaysia Plan (12MP).

^^ Improve EXISTING 4G Network (aim 100% 4G coverage in populated areas), allocated RM 28 Billion.

^^ Expedite the implementation of 5G nationwide (+RM 15 Billion invested by Private Sector)

*** HIGHLIGHT ***
$$ 100% 4G coverage in populated areas.
$$ Wider 5G coverage.
$$ Speed of mobile broadband more than 100Mbps.
$$100% of households subscribing to the internet.
$$ 9 million premises passed for fixed broadband service.
$$ All students have internet connectivity and access to digital devices.

We provide a list of sectors/companies that had not been analyzed, you can put this on your screener/watchlist for a more detailed private analysis.

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This is advertisement material. PRINVST & the group shall not be held liable to the investors for any damage, direct, indirect, or consequential losses, including profit loss, claims, actions, demands, liabilities suffered by the investors or proceedings and judgments brought or established against the investors and costs, charges and expenses incurred by the investors or for any investment decision that investors have made as a result of relying on the content or information in this advertisement material.

S&P 500 strike a historical new high 4347.46 again in JULY 2021. So what exactly is it? S&P 500 is the abbreviation of Standard and Poor's 500. It is a stock market INDEX that tracks the 500 public-traded domestic companies in the US. So far, it is the best INDEX performance in the stock market.

S&P 500 launched on a small scale in 1923, formerly called the Composite Index, which tracked 90 stocks in 1926 and expanded to 500 in 1957, which Malaysia had achieved its independence. S&P 500 is different than Dow Jones Average, DJIA @ US30. S&P 500 is a computed weight average of stocks constituting the index. As a result, meaning company market capitalizations are adjusted by the number of shares available for public trading.

The S&P 500 uses a market capitalization weighting method, giving a higher percentage allocation to companies with the largest market capitalizations.
{Company Weighting in S&P} = (Company Market Cap) / SUM(Total of all market Caps)
As a result, it formed a float-weighted index.

Some of the top-weighted companies in the index include General Electric Company, Microsoft Corporation, Citigroup Inc., and Exxon Mobil Corporation. Holding companies and real-estate stocks are not eligible for the list.

What is the exciting parts of the S&P 500?
1) it is the market-cap + float-weighted index of 505 large-cap U.S Stocks.
2) It has a trailing of 38.8% in 1 year of total return.
3) There are several good S&P 500 ETF with low fee.
4) The highest liquidity ETF is currently SPY.

There are 4 ETFs Tracking of S&P 500 which can be considered:
A) SPDR PORTFOLIO S&P 500 ETF *** Director's Holding
B) VANGUARD S&P 500 ETF
C) ISHARES CORE S&P 500 ETF
D) SPDR S&P 500 ETF TRUST

Note that index-tracking ETFs follow the performance of the S&P 500 index. Thus, one of the most critical determinants of long-term returns is how much a fund charges in fees.

::: References :::
1. YCharts. "Financial Data." Accessed June 3, 2021.
2. ETFdb.com. "SPLG SPDR Portfolio S&P 500 ETF." Accessed June 3, 2021.
3. ETFdb.com. "Vanguard S&P 500 ETF." Accessed June 3, 2021.
4. ETFdb.com. "iShares Core S&P 500 ETF." Accessed June 3, 2021.
5. ETFdb.com. "SPDR S&P 500 ETF." Accessed June 3, 2021.
6. https://www.investopedia.com
7. https://www.tradingview.com
8. https://finance.yahoo.com/

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This is advertisement material. PRINVST & the group shall not be held liable to the investors for any damage, direct, indirect or consequential losses, including profit loss, claims, actions, demands, liabilities suffered by the investors or proceedings and judgements brought or established against the investors and costs, charges and expenses incurred by the investors or for any investment decision that investors have made as a result of relying on the content or information in this advertisement material.