I tried to look at gold which has plunged quite deep which is one of the deepest plunge last week since 1980s. And I see the opportunity to re-entry gold is quite close now...
Gold seems to be having its support at around 1500, clearly after finishing the double top pattern which targeted at $1492.75, in my chart I see that the Gold price seems to have its support at around 1487.68-1493.41, which is close to that figure at 1492.75. Now, what I think I can do is to manage a portion of my fund, to enter at that price, if it bounces at that level, I'll average up in order to ensure the profit.
Rating: Hold
Happy Investing^^
Disclaimer ON!!!
