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Commodities Briefing - Categorized | Metals and Minerals, Trends more

Is the final capitulation in precious metals coming?

Posted on 24 June 2013

Our recent calls for a bottom have been proven wrong as precious metals plunged to another new low. Two trading rules we have is to always use a 20 percent stop and never add to a losing position. Note our previous article in which we said use the late May low for a stop.
This helps minimize risk and potential losses, though we have a handful of small losses trying to anticipate the coming rebound. We always admit mistakes to subscribers and we never blame manipulation. That is just unprofessional. All being said, a close examination of history tells us that this could be the final capitulation that would lead directly to a huge rebound in the ensuing months………………………………………..Full Article: Source


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This post was written by:

VRS - who has written 36729 posts on Opalesque Commodities Briefing.


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