XAO 0.77% 8,633.1 all ordinaries

Yes, USD Gold trend broken, and don't want to be just relying on...

  1. 19,194 Posts.
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    Yes, USD Gold trend broken, and don't want to be just relying on just AUD weakness, been a good 3 months ride..
    I thought I'd blown it selling 1/2 RMS at 60c just because it hit 50% target.
    Sold all goldies now.
    Lost on GCY, got caught holding on a bad Jan report. and I don't want to have the risk if trend has reversed on any marginals.

    Been a great few trades, but can't stay in commodities long, trade with the trend.
    Did see a gold chart recently which showed trading gold last 7 years has been great from this same period DEC-MAR
    But be out by May/June, can't find it now. 

    Nothing much catching my eye right now.
 
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