by springrain » Mon Sep 09, 2019 9:17 pm
But Gold had gone about as low as it could go. A few months of realignment hardly constitutes a 'bull run'. It is merely a temporary correction and will fluctuate slightly between narrow bounds. Even so far this month, it has dropped from a high of around 1550 to about 1508 USD/OZ. (9PM Monday, 9th September, 2019.) I'd order a short position at 1598 in case it goes for a tip & run.
But Gold had gone about as low as it could go. A few months of realignment hardly constitutes a 'bull run'. It is merely a temporary correction and will fluctuate slightly between narrow bounds. Even so far this month, it has dropped from a high of around 1550 to about 1508 USD/OZ. (9PM Monday, 9th September, 2019.) I'd order a short position at 1598 in case it goes for a tip & run.