Morning All,
As expected, we now have a pull back that we had to have, so my trading strategy will revolve around strict risk management and limited exposure at any one time.
As stated by others, GOLD is back in favour and will be my focus for today, with particular emphasis on the gold juniors with potential.
There are two shares in particular which fall into this category with great potential today. This is on the back of positive announcements yesterday, which the market may look at favourably. These are OGC and PRU.
Also watching IRN today. Expected postive ANN regarding their Indonesian Copper play. Xtrata has a 19.9% interest in them, so it may attract some interest from the market today.
I will also be trading COI today.
Good luck to all.
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