I too have been away. Yes... There is the possibility of a further correction especially in today's climate.
Yet. There are long term holders and plenty of countries waiting to swoop in at lower prices.
So a selloff although technically bad for positions (long term) and the value of our physical holdings also opens up a new buying opportunity and will allow new large and small cap investors to enter this somewhat saturated market.
Yet. There are long term holders and plenty of countries waiting to swoop in at lower prices.
So a selloff although technically bad for positions (long term) and the value of our physical holdings also opens up a new buying opportunity and will allow new large and small cap investors to enter this somewhat saturated market.
DislikedHey XTrade! Thanks for passing by. I have been away for a while working on and studying a new concept. I am bearish your favorite shiny metal if it breaks and holds below 1525, we could see a serious sell off.Ignored
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XAU-XAG/USD_Gold n Silver Trader's Thread = Technicals, Fundamentals & News