What a new low. Jialat.08062026 MII 9.17
I sell my other half last Friday waiting to see the sold monies is how much. Hopefully break even or lose a bit. Imagine those monies earlier I put in Chocolate Finance I am green green colorWhat a new low. Jialat.
080626 MIG NAV Price is 0.9683 (-0.0417).080626 LBMA Gold Price AM is 4280.60.
080626 estimated NAV Price of MIG is around 0.9686 (-0.0414).
Announce tomorrow afternoon in MIG.
Ultimate all time low record for MIG, previous all time low was 230326 at 0.9720.
See my calculation above, it’s around there, my calculation estimation 0.9686 (-0.0414), actual is 0.9683 (-0.0417), 0.0003 variance.I am 11% negative in MIG , hope their ai automated systems r doing the maths right , heartpain lol
Now!What's a good support level to dca into gold?
After next week fed meeting, roughly ~4kUSD, so 5% more drop to go!What's a good support level to dca into gold?
yeah , now below $4200 alr , below 200 days moving average , GOLDen opportunity to DCA.Now!
the theory of dca is to buy regardless of up or down.There r support levels and these r meant to be broken , just like other support levels so far , below 200D MA doesnt gurantee wont go below 300D , 400D MA
But just like there is a theory to DCA on the way up , there is also a theory to DCA when prices on the way down haha.
We also never know what would be the bottom before it rebounds. So indeed seems a GOLDen opportunity to DCA daily rather than 1 lumpsum at the bottom
but maybe can also buy a bit more when it's downthe theory of dca is to buy regardless of up or down.
ya lor , especially the bull run metals had of more than 100% in a couple of years , so hard to align or go by the historical trends.the theory of dca is to buy regardless of up or down.
Dollar-Cost Averaging (DCA) is an investment strategy where you divide your total intended investment amount into smaller, fixed increments and invest them at regular intervals (e.g., weekly or monthly) regardless of price fluctuations.but maybe can also buy a bit more when it's down
Above in bold will only see some light when that eat full nothing to do backside itchy man stop all his nonsense. First is dunno impose what tax then chase ppl out of US then go hoot ppl etc causing world mayhem.once the iran conflict settles (or becomes accepted as “new normal”), CenBanks hoarding of gold will continue > past 3mths some sold to pay for energy, defend their currency and/or pay for (expected) increased defense spending
I would put in the same every month but buy more on a down market.the theory of dca is to buy regardless of up or down.