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Global Investment Update: Fluctuation & Forecast for May 24

Stay informed with the latest updates on gold, commodities, tax credits, and global economic trends. Explore reasons for fluctuations, market forecasts, and valuable insights. Follow the impact of Greek worries, eurozone news, and US tax policies.

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Global Investment Update: Fluctuation & Forecast for May 24

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  1. First united global INVESTMENT 24 MAY 12

  2. content • Fluctuation Previous Session • Update Information • ​​ Forecast for today trading

  3. Fluctuation 1568.40 1562.00 1568.20 1533.40

  4. Fluct range $3500

  5. Reason • Gold falls over $30 as Greek worries lift dollar • Gold futures fell more than $30 an ounce Wednesday with investors headed for the perceived safety of the U.S. dollar as concerns about a potential Greek exit from the euro took center stage once .

  6. Update info • Gold and other commodities • Comex Gold Sells Of With Declines In Euro, Crude Oil • Sharp declines in the euro and crude oil prompted a sell-off in Comex gold in heavy volume, says George Gero.“Many reasons for sellers: • Few for buyers now,” he says. • He cites a slowing Chinese economy, looming eurozone economic weakness, downgrade of Japanese debt, upcoming three-day holiday weekend in the U.S., uncertainty about Greece and hopes that Iran may agree to nuclear inspections, which is adding to the pressure in crude oil.

  7. Update info • USA • Do Tax Credits Encourage Work? • This refundable federal income tax credit of a few thousand dollars a year is paid to families with positive but low earned income (that is, wages or salaries) for a calendar year.

  8. Update info • Euro and Others • EU hopes for the best, prepares for the worst on Greece • While renewed worries over a possible Greek exit weighed on Europe's stocks, top EU politicians vowed solidarity with Greece but urged the country to live up to its promises. • The officials from the other 16 eurozone member states were instructed this week to "reflect" on what an exit would mean for their economies. • BOJ Shirakawa says monetary easing to continue • to keep its monetary policy unchanged. • Shirakawa suggested the bank will continue its virtual zero-interest rate policy and asset-buying program to provide liquidity in the financial markets.

  9. Forecasting $4000 1580 1540

  10. suggestion SL 1595 Sell 1580 TP 1545 TP 1560 Buy 1540 SL 1525

  11. Thank You For Your Attention !!^_^!! Welcome For Questions

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