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Letter "Y" » Yingxi Yu Quotes
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«The downside is largely capped at $535.»
Author: Yingxi Yu
«This has the potential to push prices higher. Gold has always had a traditional role as an asset which holds its value in times of uncertainty.»
Author: Yingxi Yu
«Impressive gains are seen in platinum and palladium, which are rising strongly above their recent ranges.»
Author: Yingxi Yu
«We will not rule out the possibility of further weakness and prices are likely to remain volatile in a broader range.»
Author: Yingxi Yu
«There is no market-specific impetus for fresh long positions to be established at present. Sentiment has been weakened by weakness across commodities over the past few days and the dollar is holding up well.»
Author: Yingxi Yu
«We see some positive factors that could potentially bring prices near the top of this range.»
Author: Yingxi Yu
«The weaker (gold-dollar) correlation late last year and early this year was due to the overwhelming enthusiasm among the speculative community to drive prices higher.»
Author: Yingxi Yu
«We see potential for further downside pressure over the near term, but the market generally appears well supported at the moment. So any weakness is unlikely to be very violent or major.»
Author: Yingxi Yu
«Interest still exists even at such high prices.»
Author: Yingxi Yu
«We have not seen evidence of good physical demand at lower levels. Prices have been primarily driven by funds and, therefore, are vulnerable to sell-offs, should funds decide to exit the market.»
Author: Yingxi Yu
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