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Gold/Mining/Energy : Gold Price Monitor -- Ignore unavailable to you. Want to Upgrade?


To: Sun Tzu who wrote (115216)11/11/2021 5:58:30 PM
From: Rarebird  Respond to of 115389
 
Message 33570175



To: Sun Tzu who wrote (115216)11/23/2021 8:52:40 AM
From: Rarebird1 Recommendation

Recommended By
rdkflorida2

  Read Replies (2) | Respond to of 115389
 
So, what do you do in a situation like this where it appears that Gold is back below its old trading range ( pending the close, of course) after recently breaking out? Do you sell or hold?

There needs to be a time line for a break out to be considered a true break out. Lots of stocks temporarily break out of their range and then reveal that it was a fake out a few days or a week later.