MARI invest

Mr.Canberra

Mr.Canberra

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lazy999 said:
Gold lose stream liao...Dropping
=(
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Mr.Canberra said:
No point chasing the high. After a catalyst event the near term upside is limited also. When traders take profit you may get stucked for a while.

USD strengthened a lot today.

Gold previous close was $5247. The gap up may be covered within 48 hours.
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See my above post from 2 Mar.
 
Mr.Canberra

Mr.Canberra

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Gold extremely overbought on the monthly chart.

Unless you are intraday trader, better not touch for the next 2 weeks. A matter of time will get one big dump again. Although will not be as dramatic as the 2 Feb crash.

For those punting MIG use $1.1576 (4 Feb NAV) as a safer entry guide.

PS: Not vested in MIG. Only vested in other gold related assets.
 
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pratik28

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Mr.Canberra said:
Gold extremely overbought on the monthly chart.

Unless you are intraday trader, better not touch for the next 2 weeks. A matter of time will get one big dump again. Although will not be as dramatic as the 2 Feb crash.

For those punting MIG use $1.1576 (4 Feb NAV) as a safer entry guide.

PS: Not vested in MIG. Only vested in other gold related assets.
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seems like the big dump is here alr , spot gold price just now $5034 alr.

What other Gold assets you vested in ah , haha
 
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pratik28

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wow spot gold has a Low of below $5000 alr , but why , isnt geopolitical tension ppl buy more leading to price go up....
 
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pratik28

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Mr.Canberra said:
Nothing wrong being patriotic.

Support SG and PAPaya and pump up the rubbish STI! Hahaha. 🤣
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haha no lah , not about patriotic. Just newbie to these investments thingie and relatively risk averse too ,
dont understand foreign stocks and forex too , dont dare too as well haha.
 
Mr.Canberra

Mr.Canberra

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pratik28 said:
haha no lah , not about patriotic. Just newbie to these investments thingie and relatively risk averse too ,
dont understand foreign stocks and forex too , dont dare too as well haha.
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One way or the other will have pay tuition fees to learn from mistakes.

I have paid my fair share. Luckily never went bankrupt. 🤣

Want to play Forex and Commodities on margin trading just be prepared to lose money.

Just have to remember the higher the returns, the higher the risk will be. No such thing as easy money drop from the sky.
 
Shion

Shion

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MII now 9.51. Continue to hold first ?

I switched from their FD to MIS as well.
 
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