Hi Xerxes
wondering whether to take profits today or hold on til tomorrow
If US drops rates as expected tonight will POG rise again?
My take is yes.
any views? do I sell today or tomorrow or next week?
do you recall what happened earlier this year when the US bailed out the market with a rate cut? wasn't there a fall in the US$ and a bounce in gold?
HUI down and downtrend in pog still seems to be in place but short term volatility in pog and ncm is good.
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