Very well so far. I bought DUST @28, then doubled down @22 and @20.
It's @30 right now, and gold just began breaking down 2 days ago. My position still has a good amount of room to go up before I sell it all.
Gartman says gold is going loooooower
- Thread starter stock777
- Start date
Very well so far. I bought DUST @28, then doubled down @22 and @20.
It's @30 right now, and gold just began breaking down 2 days ago. My position still has a good amount of room to go up before I sell it all.
What level you want to sell your DUST at an enormous profit?
Broke down out of the range it was in but the trend reversed mid March.
Anyhow can't argue with a winning trade but I personally only add to winners and cut down my size or outright exit when it moves against me.
My bet is on GDX to make a new low sometime in june or july. If gold miners make a new low around $18-19, then DUST may be in the $40-50 range. I will look to sell at that point.
Gold follows oil, so if oil goes higher . . .
You should have sold yesterday and been happy to get out with a profit.....
About 1/3 oil trading is WTI and 2/3 oil trading around the world is Brent price.
