If you learn something that tell you that was a mistake and I need to get out of if...GET OUT OF IT...take your loss or take your profit and move on...because there are plenty of other opportunity...
China & US will be meeting for another round of Phase 1 Trade Deal which Trump accused China of breaching the Terms Of Agreement of Non Compliances on Saturday.US will definetely inflate USD and big corrections coming.
Gold price in 2008 is USD 900-1000/oz ... people thing is expensive ... after 10 yrs it double USD 1900-2000/ oz. If the price drop ... chance to collect at a lower price.
At this point it's quite volatile so there's no good answer here except to hold if you think it's gonna go up in the long run but if you're very unsure and you wanna preserve capital then just cut loss if it hits your CL threshold.
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....
Legend
4,119 posts
Posted by Legend > 2020-08-20 13:27 | Report Abuse
I think gold will pull back to 1850...