There was no doubt in mind when I wrote that post and others predicting violent movements in gold price, that I would see that happening.
Psychology was one of my favourite subject and studying human behaviours, major investors behaviour and sentiment playing a big part in my investment decisions and the timing to buy.
It is also my strategy to buy big at the lowest point and only buy at the highest if I feel the timing is right.
The poster who increased his holdings today played the game very well, because he saw a clear signs that the momentum is maintained.
BDR forum is great because it has people like Atomic/Riskwards with positive sentiment for long term investment and experienced traders, V for day trading and others from local and international brokers for giving tips one way or another.
Reading all of the posts, analysing them help to add to your analysis.
Can I say $1314 before it retrace to $1207 tonight is highly possible.
Have a good night and sweet dreams.
Sydney
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