Precious Metals
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Seconds In March selldown, AU fell from about 1702 down to 1452 or 14.6%. In the current selldown, on the cusp of the Dec event, we had a recent high of 2072 and today hit about 1770 +/-. That also amounts to a drop of 14.57% . Seasonally, AU does well now into the Holidays and January. This selldown has been accelerated to match up with the paper market delivery dilemma, methinks. Had been waiting to open a position in PHYS and started a little early, last week, increasing now with the daily selloffs. Eating Tday leftovers for lunch and adding PHYS, Monday next could be the last 'buying opportunity', who knows, but may the odds be ever in your favor. |
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Msg # | Subject | Author | Recs | Date Posted |
226299 | Re: Seconds | Traderjacks | 1 | 11/27/2020 4:33:41 PM |