I sold mine already, plan to buy back on Monday if gold price increase. The gold market very volatile. I play safe. Btw, I did the same thing yesterday. Buy at 0 12, sold 0.23.
all gloves investors running now, due to superman QR on monday. they scare later like Harta didnt meet expectation, will cause big drop in share prices.
One positive thing we can take from this is that eventhough it falls down quite heavily from 0.53, but at least NICE is still above its opening price, which suggests it might still be in play next Monday.
"Gold remains extremely overbought on a near to medium term basis but in our view, once any near term corrective move/profit-taking plays out, we still believe that the fundamentals on gold will underpin for a stronger gold price in the coming months. Loose global monetary policy for many months (and possibly years) to come, will keep real yields subdued/negative and should continue to mean gold is attractive. Subsequently, this is still a good environment to be buying gold into supported weakness."
Positive thing for this is that there will be more room to go higher than 0.53.. imagine if today hit limit up.. suspension like Tomei mb happening to this counter...
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
Fishningen2
413 posts
Posted by Fishningen2 > 2020-08-07 15:53 | Report Abuse
Koyak siot