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30th December
2011
written by spread bettor

Even though Gold finishes this year 10% up, it plummeted in December and 19% off its high level reached in September.

Many analyst now argrue if a big correction is underway or it’s just a great buying opportunity. Would be interesting to hear everybody’s thoughts.

I, personally, just bought into gold with IG at 1547 (£20 per point) and will review the performance at 1700 or 1200… I currently have no stop loss attached to it and I will add to the position when it reaches 1200 level.

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