Everything is happening as anticipated: Rising oil prices >> rising gold prices >> strengthening commodity currencies. BDSI is closing its up-gap on Apr 25. Today's low: 4.81; Apr 24 range: 4.51 - 4.76; Apr 24 close: 4.64.
If BDSI keeps trending down with low volume like it has been in the last ten trading sessions or so, any price below 4.50 is a good entry price, technically. Fundamentally, though, the company doesn't have much to offer in terms of value.
Spot XAU/USD 687.90 - 688.30. My average price 686.07. Down 218 PIPs. However, with my cash reserve (standing at 60% of my portfolio now), I'm ready to sell more gold to bring the average price up. If need be, I'll liquidate my USD/CAD and GBP/USD positions.
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