Gold: Lose a Battle to Win the War :: The Market Oracle ::
Gold scored some victories over the past days, but it’s playing a risky game. One misstep and the yellow metal might lose the war. Sometimes, a good strategist needs to give up a few battles to eventually win the war. Or, at least, convince their enemy that they’re defeated while preparing a counterattack. Just the same, a chess player may need to sacrifice a piece in order to checkmate a king. Sun Tzu has spoken, and the Art of War translates well here. In the world of trading, the same rules often apply. A good investor needs to give up a few unfavorable days to eventually ...
Source: marketoracle.co.uk