Short Term Trading Week Starting: 24 Feb, page-149

  1. 3,305 Posts.
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    Aye, trying to wrap my head around the way goldies are getting absolutely routed today when the gold price has been pretty stable these past few days. Pondering whether I move into gold and take the bet this is well overdone. I mean the XGD is down almost 9% and gold has gone nowhere. I'm sure there is an angle I am missing that starting me right in the face.

    https://hotcopper.com.au/data/attachments/2013/2013680-7d0310f349d3a08f2f87beb5cb9eedd0.jpg

    AUD Gold.

    https://hotcopper.com.au/data/attachments/2013/2013688-a9ce55b6276f74eebcfb8c0b8f68c0d0.jpg


    Beats me. Panic makes people do illogical things. The trick is identifying what is just panic and what is justified, that part has never been easy.
 
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