Gold has finally begun a profit-taking price break to alleviate the overly bullish Gold Bugs. But, the FOMO traders are already clambering to buy this first price break. Patience, Grasshoppers.
Many traders/investors are still on the sidelines waiting to buy gold. But when is a good time? The first option is to wait for a pullback in price. Or, the second choice, the Fear of Missing Out (FOMO),...
If you listen carefully, you can hear the gold bugs beginning to chatter about higher gold prices. And this time, they may be correct. But have a little patience before loading the boat with gold products....