- Joined
- 3 May 2019
- Posts
- 6,200
- Reactions
- 9,702
Gold indicie XGD is showing a bullish surge, Friday was over 5% today 2%Yeah I'm glad I've been patient and held on to BGL, and didn't act on my previous mini-panic
It looks like it's trying to breakout.
BGL and most Goldie's are showing the same traits, obviously some better than others.
To my amateur eye, BGL is set to benefit from TA angle.
Reiterated, and timing will be key, and may or may not be worth it based off pos size & brokerage.
It may provide an exit and re-entry trade, if one is still happy with FA.
The current surge could well indicate a potential pending announcement, however am not following this on FA to know if anything could be expected.
(Am considering I have missed the boat for now. If a position is available and a pullback does play out, I'm in)
Cheers.
(Can't post charts ATM, phone memory full...have cleared it but hasn't registered, restart hopefully will fix?)