Osborne Adams
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- Dec 12, 2025
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Hello Carigold members,
I am Osborne Adams. I have spent 25 years in investment banking in Hong Kong and Germany, and I want to share my view on the massive move we are seeing in Gold (XAU/USD) today.
What is happening?As of today (Friday, Dec 12), Gold has broken the resistance and is trading around $4,330 - $4,340.Many of you might be asking: Is it too high? Should I short?
My Advice: Do NOT Short this trend.
The Reason:
Happy trading and Selamat Maju Jaya!
I am Osborne Adams. I have spent 25 years in investment banking in Hong Kong and Germany, and I want to share my view on the massive move we are seeing in Gold (XAU/USD) today.
What is happening?As of today (Friday, Dec 12), Gold has broken the resistance and is trading around $4,330 - $4,340.Many of you might be asking: Is it too high? Should I short?
My Advice: Do NOT Short this trend.
The Reason:
- US Data: The US Jobless Claims report today (220k) shows the US economy is getting weaker. This means the US Dollar (DXY) will likely get weaker, and Gold will get stronger.
- Asian Demand: We are seeing huge buying pressure from Central Banks in Asia.
- Crypto Correlation: Even Bitcoin has recovered to $92,500, showing that investors want "hard assets," not paper money.
Happy trading and Selamat Maju Jaya!
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