I wasn't actually buying on any formations. Moreso sensing that late last week we are finally at a major capitulating moment.
I'm now holding the most BDRs I've ever had at present so if POG continues to fall from here I will take a pretty big hit.
It really would have been more sensible to look for more strength in the charts first but these levels I'm pretty happy buying at, assuming we get a bounce soon of course!
I expect the dollar to finally halt its launch into the stratosphere now, and POG has been all down since trump. That's overdue for a bounce too.
Not recommending anyone do the same as the last two days have gone way lower than I expected. There's still risk of further downside but I'll keep my sentiment as buy for now.
BDR Price at posting:
23.5¢ Sentiment: Buy Disclosure: Held