sometimes, it doesn't pay to be stubborn. i was holding gold from 1200+ for about 3 months. from then, i was betting about greece crisis and fed will not raise rate. i thought to myself that gold production is 1200 and it is unlikely it will fall further. i have been looking at the chart and following gold news, all point to bearish point of view.
i was wrong until yesterday, all have been sought out, issues in greece and yellen sounded hawkish about america's economy. i call it quits and cut my loss yesterday.
i was wrong until yesterday, all have been sought out, issues in greece and yellen sounded hawkish about america's economy. i call it quits and cut my loss yesterday.