I do not like the fact that GOLD cannot overcome resistance easily. It might anytime but as of now i booked the profits, if and when Gold goes down a bit more or overcomes that resistance, see the blueline on the GLD chart, I will buy it again.
This way I free up capital , only thing is sometimes GOLD can jump huge overnight but is can also fall huge. With the recent happenings in Europe region I do not think those currencies will strengthen up soon and so the US$ will remain strong and thus GOLD might tend to be weak, or at least rejested at resistance.
But if it breaks resistance, in a few minutes or a few days or weeks, I will buy it.
RTO Gets Serious: October 1
-
If ever a week was ripe for delaying your return to the office, it was
this one. Hurricane Idalia cleared out the weather up and down the coast,
brin...
1 year ago
No comments:
Post a Comment