Loading ...If gold breaches 1950 by much I’m getting out and maybe pick up some shorts. I heard Apple is pulling out of China. I got a message on ameritrade that there is things in the works about freezing anything Russian, even mutual funds. So that’s probably affecting the market. Then we have the Fed raising rates coming up and will they try to prop up the market or curb inflation and make it higher than expected?
Gold/ Silver will be forming a head and shoulders if it drops below support. There no reason not to be worrying long but I try to stick to a certain percentage of loss and sell than waiting for it to recover especially in commodities it works better that way. I can then buy more on the dip.
Gold dropped to 1952 and recovered. Practically right on the line.
Buygold 15:09
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