FYI: Leveraged Etf’s Born Losers, Or Just Misunderstood Pt
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Gold’s price action in the past 5 months has frustrated many traders. Especially those who have difficulty making money during consolidation periods which are in. The past couple months are consistently the weaker months for gold prices year after year. That being said August through year end have been consistently strong for trading gold and gold ETF’s.
Chart 1 – Gold Spot Price, you will see that gold found support at the 50 exponential m (more…)