I have 2 positions on gold:
- Short term where I entered very close to stop
- Long term with a wider stop but not that wide
In the short term gold has really gone. I'll cut to the chase now I am trailing it with a $20 stop.
The price is going vertically, and often once it retraces it can retrace hard.
Maybe my $20 stop is too wide and I will give back profit.
I...