Technical Analysis

January 08, 2024

Gold trend 08/01

Gold pulled back from its recent high last week, rejected by 2078 early during Monday’s US session. It cleared the 2050(1) support on Wed., triggering a round of selling and falling to an early weekly low of 2030. The price stayed within the range of 2035-2050, waiting for the release of US job data. When the data was announced, there was an increase in volatility; however, the closing price didn’t show any significant changes.

1-hour chart – Gold price is still fluctuating within the range of 2035-2050 after the US job data. In the past 48 trading hours, an S-T support has formed, and traders can consider utilizing the triangle pattern(2). Expect a breakout within the next 24 hours. The key event for this week will be the release of US core inflation data on Thursday.

Daily chart – A strong US job data last Friday has led to a strong US dollar punching the gold prices lower. On the other hand, it also reinforced expectations of an early interest rate cut, indicating a potential “soft landing” for the US economy, lifting the gold price up. The market as a result still lacks a clear direction. The 20-day MA(4) remains critical; and the previously mentioned upward support line (6) is still valid, and attention should be given to the larger triangle pattern on the daily chart (5) this week. Within the next 5-7 days, it is crucial for gold to break above the resistance zone of 2070-2080; if it fails to do so, the price will escape the upward support (6), and the overall structure on the daily chart will enter a sideways pattern.

S-T ressitance 3

2055-1

S-T ressitance 2

2050

S-T ressitance 1

2046

Market price

2045

S-T support 1

2044

S-T support 2

2039-40

S-T support 3

2035

P. To

Risk Disclosure: Gold Bullion/Silver (“Bullion”) trading carries a high degree of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. This article is for reference only and is not a solicitation or advice to trade any currencies and investment products . Before deciding to trade Bullion you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment or even more in extreme circumstances (such as Gapping underlying markets) and therefore, you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with trading Bullion, and seek advice from an independent financial advisor if you require. Client should not make investment decision solely based on the point of view and information on this article.

場外式黃金/白銀交易的風險:
Service relating to Over-the-counter (OTC) Gold Bullion/Silver trading is provided by MOL. OTC Gold/Silver Bullion trading carries a high degree of risk and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. OTC Gold/Silver Bullion is not regulated by the Securities and Futures Commission (""SFC"") and therefore trading OTC Gold/Silver Bullion will not be subject to rules or regulations promulgated by the SFC. Before deciding to trade OTC Gold/Silver Bullion you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain losses in excess of your deposited fund or even more in extreme circumstances and therefore, you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with trading OTC Gold/Silver Bullion, and seek advice from an independent financial advisor if you require.

Technical Analysis

January 02, 2024

0

Gold trend 2/1

Expect the price to consolidate further in S-T before the trading volume returns from the holiday.

1-hour chart – Gold prices reached a recent high of 2088 in early trading last Thu. However, it failed to hold above 2080. After the price escaped from the uptrend channel(1) at the end of last week, gold formed an S-T downward channel(2) in the past 48 trading hours. The price has departed from the downward trend (2) early in the Asian session today, indicating an S-T rebound. After touching 2070, expect the price to be bounded by 2050-70.

Daily Chart – The overall trading volume in the gold market has been low since Dec. 20th. Without significant trading volume driving, the gold price failed to hold above 2081(4), and experienced a round of profit-taking during this holiday period. The resistance zone remains between 2070-2075. Unless the price can clear this resistance, we can expect the price to consolidate further. Support levels to watch below include the 20-day MA(5) and the support line (6). Gold needs to wait for a high-volume environment in order for it to surge higher. Keeping an eye on the release of US employment data at the end of this week.

S-T ressitance 3

2080-1

S-T ressitance 2

2075

S-T ressitance 1

2070-72

Market price

2069

S-T support 1

2060

S-T support 2

2055

S-T support 3

2050

P. To

Risk Disclosure: Gold Bullion/Silver (“Bullion”) trading carries a high degree of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. This article is for reference only and is not a solicitation or advice to trade any currencies and investment products . Before deciding to trade Bullion you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment or even more in extreme circumstances (such as Gapping underlying markets) and therefore, you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with trading Bullion, and seek advice from an independent financial advisor if you require. Client should not make investment decision solely based on the point of view and information on this article.

場外式黃金/白銀交易的風險:
Service relating to Over-the-counter (OTC) Gold Bullion/Silver trading is provided by MOL. OTC Gold/Silver Bullion trading carries a high degree of risk and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. OTC Gold/Silver Bullion is not regulated by the Securities and Futures Commission (""SFC"") and therefore trading OTC Gold/Silver Bullion will not be subject to rules or regulations promulgated by the SFC. Before deciding to trade OTC Gold/Silver Bullion you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain losses in excess of your deposited fund or even more in extreme circumstances and therefore, you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with trading OTC Gold/Silver Bullion, and seek advice from an independent financial advisor if you require.

Technical Analysis

December 18, 2023

0

Gold trend 18/12

After the Fed. Meeting last week, gold climbed above 2000, while the market refocused on an early rate cut next year. Powell’s dovish comments further tuned the market’s sentiments; the latest CME FedWatch tools indicate that there is currently a close to 70% chance of a 1/4 basis point rate cut next March, while there is almost 95% chance of a 1/4 basis point rate cut in May next year. On the day of the Fed meeting, gold prices rose nearly $50(1), and technically, it is currently neutralizing the selling pressure that occurred from the 2146 drop on December 4th.

1-hour chart – In the past 48 hours, gold prices have been oscillating within the 2020-50 range(2). There hasn’t been a significant trading volume that would lead to a breakout from the range. Until gold can break free from this range, take advantage of the S-T range(2). There haven’t been any important economic data releases at the beginning of this week. However, if further consolidation occurs later this week, the next range to watch out for would be between 2000-20(4). The descending trend line(3) still needs confirmation but can still serve as a reference for S-T strategies.

Daily chart – Currently, gold prices are finding support at 2017 – 20 MA(5). There is still relatively strong selling pressure around the 2035-47 range (6). For S-T trading on the daily chart, 2017-47 should be the range for now. If the gold price can close within or above the 2035-47 range by the end of this week, it would be the first signal that gold prices are preparing to test a new high.

S-T ressitance 3

2015

S-T ressitance 2

2010

S-T ressitance 1

2007

Market price

2002

S-T support 1

2000

S-T support 2

1994-5

S-T support 3

1990

P. To

Risk Disclosure: Gold Bullion/Silver (“Bullion”) trading carries a high degree of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. This article is for reference only and is not a solicitation or advice to trade any currencies and investment products . Before deciding to trade Bullion you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment or even more in extreme circumstances (such as Gapping underlying markets) and therefore, you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with trading Bullion, and seek advice from an independent financial advisor if you require. Client should not make investment decision solely based on the point of view and information on this article.

場外式黃金/白銀交易的風險:
Service relating to Over-the-counter (OTC) Gold Bullion/Silver trading is provided by MOL. OTC Gold/Silver Bullion trading carries a high degree of risk and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. OTC Gold/Silver Bullion is not regulated by the Securities and Futures Commission (""SFC"") and therefore trading OTC Gold/Silver Bullion will not be subject to rules or regulations promulgated by the SFC. Before deciding to trade OTC Gold/Silver Bullion you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain losses in excess of your deposited fund or even more in extreme circumstances and therefore, you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with trading OTC Gold/Silver Bullion, and seek advice from an independent financial advisor if you require.

Technical Analysis

December 11, 2023

0

Gold tend 11/12

The downward trend is still dominating. Keep an eye out this week for the US CPI and the Fed. Meeting.

Gold took advantage of better-than-expected employment data in the US market last Friday, finally escaping the 2020-40(1) zone. The price hit a daily low of 1994 and closed at 2004 before the weekend, experiencing a $24 drop throughout the day.

1-hour chart – After experiencing extreme volatility last Monday, gold prices have been claimed throughout last week. Following the 2020(1) support level breach, prices have stepped to the next range of 2000-20(2). The support level is now at 2000, with a short-term rebound target around 2018-20. Until a bottoming signal emerges, the initial downside target is around 1980, with the key focus on Wed’s Federal meeting.

Daily chart – After breaking out of the ascending channel (4) last Friday, we can expect a round of selling in S-T. The resistance is currently at 20 MA(5), while the downside target is around 1978(7) for a 50% retracement. Last Monday’s topping signal(6) continues to dominate the daily chart trend and needs to be digested further in the market. The basic structure needs to be adjusted toward near 1910-40.

S-T ressitance 3

2047

S-T ressitance 2

2038-40

S-T ressitance 1

2030-31

Market price

2021

S-T support 1

2017

S-T support 2

2007-10

S-T support 3

2000

P. To

Risk Disclosure: Gold Bullion/Silver (“Bullion”) trading carries a high degree of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. This article is for reference only and is not a solicitation or advice to trade any currencies and investment products . Before deciding to trade Bullion you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment or even more in extreme circumstances (such as Gapping underlying markets) and therefore, you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with trading Bullion, and seek advice from an independent financial advisor if you require. Client should not make investment decision solely based on the point of view and information on this article.

場外式黃金/白銀交易的風險:
Service relating to Over-the-counter (OTC) Gold Bullion/Silver trading is provided by MOL. OTC Gold/Silver Bullion trading carries a high degree of risk and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. OTC Gold/Silver Bullion is not regulated by the Securities and Futures Commission (""SFC"") and therefore trading OTC Gold/Silver Bullion will not be subject to rules or regulations promulgated by the SFC. Before deciding to trade OTC Gold/Silver Bullion you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain losses in excess of your deposited fund or even more in extreme circumstances and therefore, you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with trading OTC Gold/Silver Bullion, and seek advice from an independent financial advisor if you require.

Technical Analysis

October 31, 2023

0

Gold Trend 31/10

The price of gold fluctuated within a narrow range yesterday. It opened at 2006, last Friday’s closing price. In the early Asian session, it had fallen below 2000, and the rest of the day the price stayed within a tight range between 1990 and 2000 throughout the rest of the day.

1-hour chart – The uptrending momentum has slowed down. The price broke out from the upward channel (1) yesterday. Expected the price to fluctuate between 1980 and 2020. Pay close attention to the US Fed meeting meeting, the next major move should occur after the announcement.

Daily Chart – The upward trend that originated from 1809 has slowed down in the last few trading days. Before the breakout, traders can take advantage of the 1955-97(3) range.

S-T Resistances:
2020
2008-10
2000

Market price: 1995

S-T Supports:
1990
1985
1980

Risk Disclosure: Gold Bullion/Silver (“Bullion”) trading carries a high degree of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. This article is for reference only and is not a solicitation or advice to trade any currencies and investment products . Before deciding to trade Bullion you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment or even more in extreme circumstances (such as Gapping underlying markets) and therefore, you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with trading Bullion, and seek advice from an independent financial advisor if you require. Client should not make investment decision solely based on the point of view and information on this article.

場外式黃金/白銀交易的風險:
Service relating to Over-the-counter (OTC) Gold Bullion/Silver trading is provided by MOL. OTC Gold/Silver Bullion trading carries a high degree of risk and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. OTC Gold/Silver Bullion is not regulated by the Securities and Futures Commission (""SFC"") and therefore trading OTC Gold/Silver Bullion will not be subject to rules or regulations promulgated by the SFC. Before deciding to trade OTC Gold/Silver Bullion you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain losses in excess of your deposited fund or even more in extreme circumstances and therefore, you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with trading OTC Gold/Silver Bullion, and seek advice from an independent financial advisor if you require.

Technical Analysis

October 19, 2022

0

Gold Trend 19/10

Gold traded in a tight range yesterday. The overall daily movement was pretty much like the day before – pulling back before the day’s end.; the price climbed to the day-high 1660 in the early session and retraced back to the opening price of 1650 before the day’s end.

The S-T trend is still controlled by the S-T downtrend resistance (1.1) that was mentioned yesterday. Overall, the market is bearish. However, the short-selling before 1650 is still relatively weak. Due to the lack of momentum, expect the price to remain within 1640-65(2) until it escapes.

The pullbacks before the day’s end on the second consecutive day have created another bearish signal on the daily chart. Wait for the signal; a new round of selling should only begin if the price close below 1650 on the daily chart; before that, the price should continue to wander around 1650.

S-T Resistances:
1665
1660
1655

Market price: 1651

S-T Supports:
1650
1645
1640

Risk Disclosure: Gold Bullion/Silver (“Bullion”) trading carries a high degree of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. This article is for reference only and is not a solicitation or advice to trade any currencies and investment products . Before deciding to trade Bullion you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment or even more in extreme circumstances (such as Gapping underlying markets) and therefore, you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with trading Bullion, and seek advice from an independent financial advisor if you require. Client should not make investment decision solely based on the point of view and information on this article.

場外式黃金/白銀交易的風險:
Service relating to Over-the-counter (OTC) Gold Bullion/Silver trading is provided by MOL. OTC Gold/Silver Bullion trading carries a high degree of risk and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. OTC Gold/Silver Bullion is not regulated by the Securities and Futures Commission (""SFC"") and therefore trading OTC Gold/Silver Bullion will not be subject to rules or regulations promulgated by the SFC. Before deciding to trade OTC Gold/Silver Bullion you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain losses in excess of your deposited fund or even more in extreme circumstances and therefore, you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with trading OTC Gold/Silver Bullion, and seek advice from an independent financial advisor if you require.

Technical Analysis

October 18, 2022

0

Gold Trend 18/10

Gold had pullback before the day’s end yesterday. The market opened at 1642 back from the weekend. The price has kept moving higher in the Asian and European sessions. It hit the day-high 1668 at the US session opening, then the price retraced. The day ended at 1650, up by USD8 after all.

The downtrend on the 1-hour chart slowed down yesterday after the price jumped above the trendline(1), shifting the S-T downtrend from (1) to (1.1). Before the next break, expect the price to settle in between 1640-65(2) for now.

Overall the trend is still bearish, and a new bearish signal(3) has appeared after the pullback from 1668 yesterday. The resistance at 1665(4) & the 20 days MA(5) are blocking all the climb for now. Once the price clears the support at 1640, gold should be able to consolidate further.

S-T Resistances:
1670
1665
1660

Market price: 1659

S-T Supports:
1655
1650
1645

Risk Disclosure: Gold Bullion/Silver (“Bullion”) trading carries a high degree of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. This article is for reference only and is not a solicitation or advice to trade any currencies and investment products . Before deciding to trade Bullion you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment or even more in extreme circumstances (such as Gapping underlying markets) and therefore, you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with trading Bullion, and seek advice from an independent financial advisor if you require. Client should not make investment decision solely based on the point of view and information on this article.

場外式黃金/白銀交易的風險:
Service relating to Over-the-counter (OTC) Gold Bullion/Silver trading is provided by MOL. OTC Gold/Silver Bullion trading carries a high degree of risk and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. OTC Gold/Silver Bullion is not regulated by the Securities and Futures Commission (""SFC"") and therefore trading OTC Gold/Silver Bullion will not be subject to rules or regulations promulgated by the SFC. Before deciding to trade OTC Gold/Silver Bullion you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain losses in excess of your deposited fund or even more in extreme circumstances and therefore, you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with trading OTC Gold/Silver Bullion, and seek advice from an independent financial advisor if you require.

Technical Analysis

September 21, 2022

0

Gold Trend 21/09

Awaited Fed. rate decision, gold prices remained stable yesterday. The day began at 1675, where the price overall was trending downward throughout the early Asian and European sessions. It cleared the S-T trendline(1) at the US session and traveled all the way to 1660, the daily low from the day before. The day ended at 1664, down by USD 19.

1660-80(2) can be used as an operating range before the US Fed. An announcement later on today.

Since gold cleared the 1680 support, the downward resistance line(5) is dominating the daily chart trend. The S-T support 1665(4) is still in effect. The Fed. announcement will take over the next major movement.

S-T Resistances:
1687-90
1680
1670

Market price: 1666

S-T Supports:
1665
1660
1650-52

Risk Disclosure: Gold Bullion/Silver (“Bullion”) trading carries a high degree of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. This article is for reference only and is not a solicitation or advice to trade any currencies and investment products . Before deciding to trade Bullion you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment or even more in extreme circumstances (such as Gapping underlying markets) and therefore, you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with trading Bullion, and seek advice from an independent financial advisor if you require. Client should not make investment decision solely based on the point of view and information on this article.

場外式黃金/白銀交易的風險:
Service relating to Over-the-counter (OTC) Gold Bullion/Silver trading is provided by MOL. OTC Gold/Silver Bullion trading carries a high degree of risk and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. OTC Gold/Silver Bullion is not regulated by the Securities and Futures Commission (""SFC"") and therefore trading OTC Gold/Silver Bullion will not be subject to rules or regulations promulgated by the SFC. Before deciding to trade OTC Gold/Silver Bullion you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain losses in excess of your deposited fund or even more in extreme circumstances and therefore, you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with trading OTC Gold/Silver Bullion, and seek advice from an independent financial advisor if you require.

Technical Analysis

September 20, 2022

0

Gold Trend 20/09

Gold was steady yesterday near the 2-years low yesterday. The market opens at 1657 back from the weekend. The price was rejected by the key resistance 1680 early in the Asian session, and the price kept moving lower toward the day-low near 1659 until the US session turned active. The day ended up closing at 1675, unchanged from the trading day before.

The downtrend originated from 1730 last Tuesday has completed after gold cleared the resistance from trendline(1) last Friday, and it is now officially bounded by the range 1650-90(3). A triangle pattern(2) has been formed in the past 48 hours while the market is now waiting for the announcement from US Fed. Meeting.

The gold price failed to move below 1650 after it cleared the critical support of 1680. A structural bottom is forming on the daily chart as the buying support below 1665(4) has been strong in the past 48 hours. The US Fed. The meeting will be the turning point; if the price fails to go below 1650 after the US Fed. announcement, the structural bottom will form. After the price clears the 1680 resistance, the upside target can be around 1730.

S-T Resistances:
1697-1700
1687-90
1680

Market price: 1673

S-T Supports:
1670
1660
1650-52

Risk Disclosure: Gold Bullion/Silver (“Bullion”) trading carries a high degree of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. This article is for reference only and is not a solicitation or advice to trade any currencies and investment products . Before deciding to trade Bullion you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment or even more in extreme circumstances (such as Gapping underlying markets) and therefore, you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with trading Bullion, and seek advice from an independent financial advisor if you require. Client should not make investment decision solely based on the point of view and information on this article.

場外式黃金/白銀交易的風險:
Service relating to Over-the-counter (OTC) Gold Bullion/Silver trading is provided by MOL. OTC Gold/Silver Bullion trading carries a high degree of risk and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. OTC Gold/Silver Bullion is not regulated by the Securities and Futures Commission (""SFC"") and therefore trading OTC Gold/Silver Bullion will not be subject to rules or regulations promulgated by the SFC. Before deciding to trade OTC Gold/Silver Bullion you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain losses in excess of your deposited fund or even more in extreme circumstances and therefore, you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with trading OTC Gold/Silver Bullion, and seek advice from an independent financial advisor if you require.

Technical Analysis

September 16, 2022

0

Gold Trend 16/09

Gold cleared the 1680 major support yesterday. The market opened near 1697, and the price had already sunk below 1690(1) early in the Asian session. Before the US session got active, it bounced between 1685-90. Once it cleared the critical support supprot later in the US session, the price went to a new 2-year low near 1660. The day ended at 1664, down by USD 32.

Gold finally escaped the 1690-1730(3) range yesterday, with an initial expectation of a 1:1 movement; the following trading range should be between 1650-90(3). The S-T trend will remain downward unless the price can jump above the S-T resistance line(2) that we mentioned yesterday. The S-T downside target can be set at 1650 for now.

The overall structure shifted from previously sideway to downward for now, as it is the first time in 2 years that the gold price closed below 1695. Expect the price to stay bearish until the US Fed. Meeting next week.

Unless the price can climb above 1700 in the next 2-3 weeks, a double-top pattern(4) in the weekly chart will be formed. The price is currently running in Wave 5(5), expecting the bottom to occur around the US Fed. Meeting.

S-T Resistances:
1680
1670
1665

Market price: 1660

S-T Supports:
1650-52
1645
1640

Risk Disclosure: Gold Bullion/Silver (“Bullion”) trading carries a high degree of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. This article is for reference only and is not a solicitation or advice to trade any currencies and investment products . Before deciding to trade Bullion you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment or even more in extreme circumstances (such as Gapping underlying markets) and therefore, you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with trading Bullion, and seek advice from an independent financial advisor if you require. Client should not make investment decision solely based on the point of view and information on this article.

場外式黃金/白銀交易的風險:
Service relating to Over-the-counter (OTC) Gold Bullion/Silver trading is provided by MOL. OTC Gold/Silver Bullion trading carries a high degree of risk and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. OTC Gold/Silver Bullion is not regulated by the Securities and Futures Commission (""SFC"") and therefore trading OTC Gold/Silver Bullion will not be subject to rules or regulations promulgated by the SFC. Before deciding to trade OTC Gold/Silver Bullion you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain losses in excess of your deposited fund or even more in extreme circumstances and therefore, you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with trading OTC Gold/Silver Bullion, and seek advice from an independent financial advisor if you require.