My Trading Adventure

Mining Stocks : Recovery of GOLD?

CP TEH
Publish date: Sun, 23 Oct 2016, 08:51 PM
CP TEH
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All the writings in this weblog are mainly for PLEASURE reading purposes. I am in NO position to recommend a call(BUY/SELL). Please check with those know-hows before you make a decision. Yes, I am just a learner, with only five years experiences in KLSE. So, please BEAR with me.
Following Message




Listening to clips related to mining-stocks ... checking some of the stocks.


GDX is an ETF tracking gold-mining stocks which has bottom out ... and recently pullback to current support at USD23 . A good look into gold-mining stocks would be a good trading idea as prices of gold would recover from here.

One could LONG gold or buy gold's ETF (such as GLD). Or perhaps check on some of the gold-mining stocks trading in HKSE.

This is my tonight's homework before determining which to buy(and hold for positional trade).

TEH
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Discussions
Be the first to like this. Showing 2 of 2 comments

shareinvestor88

Many gold mining stocks listed on ASX. But i feel not the time tobuy.

2016-10-23 22:23

alvinchiam

buy

2016-10-24 05:42

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