Time for gold to take a breathe. Will definitely return again. A TP gain of 3%+ from hedging gold is considered good enough for me. Now time to rotate the funds back to more promising counters.
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
Read more
FollowsThatRainbow
OP
Green Leaf Froggie
:
Don't need USD account. That's why I suggest O87(US$) using SG broker. If buying using USD$ account, then go for SPDR GOLD (GLD). Tracking and liquidating GSD sometimes troublesome coz you need to convert. Its okay for me to let the broker earn the forex exchange for simplicity and liquidity.
FollowsThatRainbow
OP
Green Leaf Froggie
:
Also don't kan chiong in to hit the price. I'm always patience waiting for discount when it dips because I don't have so much spare bullets.
FollowsThatRainbow OP : Can't believe I am getting more and more attention from the BBs. I sold my gold, they also follow me..
Green Leaf Froggie : Buying now in SGD 329.30 as i don’t have any USD account
Green Leaf Froggie : Middle East war on hold .. but US escalating war in Ukraine vs Russia which will spike up gold as a safe haven
FollowsThatRainbow OP Green Leaf Froggie : Don't need USD account. That's why I suggest O87(US$) using SG broker. If buying using USD$ account, then go for SPDR GOLD (GLD). Tracking and liquidating GSD sometimes troublesome coz you need to convert. Its okay for me to let the broker earn the forex exchange for simplicity and liquidity.
FollowsThatRainbow OP Green Leaf Froggie : Also don't kan chiong in to hit the price.
I'm always patience waiting for discount when it dips because I don't have so much spare bullets.