All Gratitude and Praise eternally is entirely and exclusively for the All Knower, Who Has Blessed me with His Knowledge and giving me the ability to spread to His people
I have humbly warned you about these price levels on Gold. In my forecast posted on 02-07, I stated that price and time shall top here (on yesterday close of SPDR Gold – GLD). Gold is down over 1% today, with gap down.THE MOST ACCURATE FORECASTING OF FINANCIAL MARKETS
http://trade-in-harmony.blogspot.com/
I hope the gold trade works for us.
Right now it is UP.
Be well
Susan B.
Personally, I don't believe carrying positions over the weekend, thus, it reduces great amount of risk, due to any unexpected news or manipulations due to the governments' interference.
I agree. Time decay over the 3 day weekend will erode a lot of option value too. But I think we will make a low on Tuesday, then go up into Wed. Possibly still sideways next week, though we might get bigger swings.
I had not seen prior to this that your trades were closed out on weekends.
Some of us may have carried the short gold and silver trade, and would appreciate guidance.
At this juncture gold and silver do look higher.
thanks
quite interesting post. I would love to follow you on twitter.
I consider closing the options' trade on the long weekends.
I shall post my take on Gold and Markets shortly.
Gold correction from Dec, seem completed recently. Confirm there is consensus on this ?