daytrading august 16 morning, page-52

  1. 32,602 Posts.
    Goldies have been a bugger. Espc on days like this when you can't get in. But PIR for eg has been up to 1.20 recently and fallen back to 91c. So if you missed that fall you gotta cop missing these bounces as well.

    I might take a helicopter view of gold price from now on and just look at the range from $1200 to $1500 and compare to relative SP of goldies as to whether they are a buy or sell.

    Gold is still in the lower price range atm. But whether it's cheap, that's another matter?
 
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