Taking Profits Off When You Can
Just an update on my trade on $Barrick Gold(GOLD.US$.
Took profit off positive Earnings Results as well as short term concerns on High Oil Prices which is a huge cost factor for Gold Producers like Barrick.
My anticipated Gold Rally also didn’t happen for the second year in a row as Gold Prices didn’t increase as much due to seasonal demand.
Took profit off positive Earnings Results as well as short term concerns on High Oil Prices which is a huge cost factor for Gold Producers like Barrick.
My anticipated Gold Rally also didn’t happen for the second year in a row as Gold Prices didn’t increase as much due to seasonal demand.
Where should my next dip be? ![]()
![]()
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
Read more
Comment
Sign in to post a comment
TRIUMPHANT RETURNS : if oil price are high , gold miners will pass that down the supply chain...GOLD rises becos of demand for SAFETY not becos of supply n costs.