Basically i would be on board with a combination (although not thought through details) and would increase position (as a leverage to gold price play).
Out of the 5 instruments in the metals asset class, gold ended up ranking 2nd for the day in terms of price change relative to the previous day.
Out of the 5 instruments in the metals asset class, gold ended up ranking 3rd for the day in terms of price change relative to yesterday.
Relative to other instruments in the metals asset class, gold ranked 4th since the previous day in terms of percentage price change.
Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience and risk appetite….
Usd/jpy’s bounce loses still in asia on thanksgiving day, as the bulls lack follow-through amid holiday-thinned market conditions….
The difference between the amateur & pro is the ability of the pro to bet against themselves.
I know how governments & their mob run democracies work.
With the above said and noted, we are looking for a short-term rally in the days ahead, coming from the 20-day cycle, though – due to the position of the larger 72-day wave – the probabilities tend to favor that rally to end up as countertrend, giving way to a drop back to or below the lows into mid-to-late december….
For additional context, note that price has gone up 5 out of the past 10 days.