Gold

[yabz]

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https://twitter.com/x/status/1092384157949411328

"

Hopefully they won't be dumb enough to store their gold at the Bank of England like Venezuela....

 

[themickey]

Its gone up 3% from my buying price.
The trend is confirmed and I'm buying more. Its now my biggest position.

How's that working out for ya?

 

[maxinger]

quite a nice down movement past few days.

 

[yabz]

quite a nice down movement past few days.

With gold its best to look at longer term trends, lasting months or even years, rather than trying to day trade it....IMO

 

[themickey]

With gold its best to look at longer term trends, lasting months or even years, rather than trying to day trade it....IMO

Last 3 years there has been no money in trading gold.
https://www.barchart.com/stocks/quo...=false&axis2=false&axis3=false&isComparison=1

 

[maxinger]

down it goes again.

In fact, past few days, gold, US T bonds / notes, Germany bonds move in tandem.

 

[maxinger]

Well. yesterday 25 points day range (2%) was rather unexpected. anyway that's very good day range.