Take the money and run
Is my strategy, at least for now. I have taken a look of the charts again and decided to SELL my higher leveraged package, i still have package with lover leverage, what i tend to keep for a while. So why did i sell? I think the 1535$ is a key value and this is why:
Chart from Goldprice.org
I have drawn some blue lines what i believe to be the trend and i think if we fall below 1525$ we will not stop until 1500$ and i cant take that risk. Gold prices climaxed lately so i think smaller drop will occure, long term i am definitely bullish, but i think we are in for a wild ride and high violitility, i think everyone should choose a leverage according to hes comfort level.
I will have my eyes open, when to move back in, with the higher leveraged package.
Questions:
Do you own gold or silver?
Have you ever thought trading on Forex market?
Did you like the movie Goldfinger?
