"Money is made from sitting, not trading. Rare is the man (or woman) that can be right and sit tight" - Jesse Livermore
Wednesday, December 18, 2013
Before & After Fed Policy Announcement - Gold and Silver Spot Price - The Expected Taper
Every trader was probably ready to pounce.... just to be whipsawed. The cool headed stays away in period of high volatility and let market participants digest the news and the trend to show itself.
GOLD SPOT, chart courtesy of Dukascopy
SILVER SPOT, chart courtesy of Dukascopy
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