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| 1 ounce of gold |
XAUUSD = price of 1 ounce of gold vs US Dollar
Gold Price is now $1206 (02/12/2014). Look at its all time price chart. Gold all time peak is at $1920.70 (01/09/2011) and $1795.50 (01/10/2011) when it started its drop.
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| All time gold vs USD chart (as in 01/12/2014) |
My gold investment project is to buy smallest lot size which is 0.01 for each trade.
buy 0.01
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buy 0.01
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buy 0.01
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buy 0.01
Taking advantage of the up and down consolidation of the market. But need to carefully calculate the total cost that you are able to hold. Probably until gold drop to $500 for the worst case scenario.
1 month progress (28/10/2014 - 28/11/2014)
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