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$1,391.7 gold futures

"Like i stated i had purchased BDR for 13c and sold for...

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wombat53

7,702 Posts.

11

25/05/16

22:48

Post #: 17868239
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Originally posted by petg ↑

I personally like looking at correlations of past movements in Gold with events such as rate rises or other FED influences that can effect Gold.
Like i stated i had purchased BDR for 13c and sold for 32.5c.... protecting profits was a must.

I think we could go sideways for a while now but i have faith that it will rise again end of June start of July. Gold doesn't rise $200 USD for nothing, to me it states the USD is weaker regardless of what USDX is showing because it is in a basket with other currencies which are actually weaker than the USD.

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"Like i stated i had purchased BDR for 13c and sold for 32.5c.... protecting profits was a must."
That was a great trade . I came very late to the stock....got tired on the sideways range of 29.5-31.5 c, and sold it today.
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0 Great analysis

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