My systems detected significant buying on #GOLD. I have positions that will benefit if gold goes higher or if it does not trade lower from last week’s low. Near 1700 on front-month futures. Pay attention to the USD as well
GERMANY The 10-year yield is 1.60. Germany 10-year is -0.51. You give them money for 10-years and get back less – and that doesn’t even consider inflation. You have to pay Germany $0.06 for every $1 you lend them. USA During the crash in ’87. That Monday of the crash Stocks were looking real bad
Target Reached on #GOLD in 13 days. Time to manage the position. Cutting some risk now and placing trailing stops. Fib 38.2% is near 1300 Here you can review the entry. https://www.mariorandholm.com/2017/12/13/closing-short-in-gold-and-adding-long-exporure/
Mario Randholm Blog. Mario is the founder of Randholm & Co. S.A.C., an investment management company dedicated to producing superior returns for its clients and employees by adhering to mathematical and statistical methods.