I can hardly believe how much Gold has been pumped up the past 18 hours, especially during Australian trading today, following okay inflationary data last night in the USA, the night before the data was too hot. Figure.
Gold is moving inversely to the US dolIar, $ goes down & gold shines & vice versa. I have lost money & made money but I am long gold, & silver is probably even a slightly better bet. But if you trade CFD gold like I do take care as there is a lot of volatility, price can move incredibly fast. Never buy high, wait for a retrace, buy low. (This is investment advice but it's not) Take care trading.
Take care trading.
