Gold Futures - Dec 24 (GCZ4)Gold futures indicated a spike in price at 14:30 after Fed interest rate decision to cut 50 BPS. Alot of gold companies mirrored this move in the commodity price. Calibre followed this move.
Calibre will follow gold's move to the upside. However, investing in gold companies comes with a lot of volatility and swings in price in both directions.
Please do you own DD as nothing goes straight up.
Good luck in your trading.
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