Keith Richards
Merrex Gold Inc.
MXI-X
WAIT
Apr 18, 2016
He just cut his positions in gold in half. He is reasonably okay on gold for the long run, however. There is some resistance coming up at $0.24. He may be tempted to take some profit in case it pulls back. Gold broke out of its downtrend at the beginning of this year. It went parabolic and got overbought. It is pulling back now.
He just cut his positions in gold in half. He is reasonably okay on gold for the long run, however. There is some resistance coming up at $0.24. He may be tempted to take some profit in case it pulls back. Gold broke out of its downtrend at the beginning of this year. It went parabolic and got overbought. It is pulling back now.