GOLD 0.51% $1,391.7 gold futures

gold, page-1462

  1. 2,403 Posts.
    lightbulb Created with Sketch. 58
    Hmmm... I 110% understand where you are coming from. It's definitely the most conservative approach. However, I still think I'll take a small position on my hunch. And, if I'm wrong, I'll get out on Friday. The risk to reward looks good IMO. I stand to make a bunch, but not lose a lot on my hunch. Perhaps I'll buy GDXS - take a look... It's been in a strong, strong down trend since early Feb. However, it's not as volatile as DUST. Saying that, I know its risky betting on a falling knife, but I think we could start to see a reversal in fortunes - especially if Fed leans towards a June rate rise.

    BTW, where do you see support?
    Last edited by UnclePanda: 04/05/16
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.