Bailed out of 7 gold positions which I'd been holding a while, on ASX open today. I've turned bearish, not super bearish on gold, but enough that I wanted to protect my profits. I'm calling a slide down on gold price from here, no targets, just going down imo.
I looked all the charts posted at thread and my eyes are saturated. I think that while more simple and clear be trading, it's bette
Gold looking bullish atm but I'm out other than for a couple of insignificant penny stocks. My opinion atm, the water is murky, I'm getting conflicting signals, dunno whether I'm Arthur or Martha, so for the meantime will stand aside. My opinion there may be chop ahead which is going to make calls difficult as bulls and bears get into a fight for supremacy. The bulls have the Fed on their side. My short term bias beliefs are bearish on the general stock market, but I'll remain uncommitted to trading anything for the meantime.