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RE: It's a good time to buy Gold

in #money7 years ago

UPDATE: As I said, I bought on Monday and things are moving nicely so far

It's important to get the best entry price and not give in to the emotion that you might be missing out. There's always another opportunity in the markets, so long as you protect your capital by keeping your risk small. Sometimes that means not trading.

So my advice at this point is not to chase and see how this move develops. The price almost certainly will pull back and give you another chance to enter, if you're looking at a longer term position like me.

I'll keep post fresh updates and charts next week.