Frank Holmes Blog | Why Buy The Dip And Sell The Rally? | TalkMarkets
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Frank Holmes is the CEO and chief investment officer of U.S. Global Investors. Mr. Holmes purchased a controlling interest in U.S. Global Investors in 1989 and became the firm’s chief investment officer in 1999. In 2006, Mr. Holmes was selected mining fund manager of the year by the Mining ...more

Why Buy The Dip And Sell The Rally?

Date: Tuesday, August 7, 2018 6:47 PM EDT

There’s a saying in the trading world: professionals buy pullbacks and sell rallies, while novices buy breakouts and sell breakdowns. Mike Matousek, head trader at U.S. Global Investors, discusses this idea and applies it to the gold price, which is resting near the midpoint of the five-year range. Through a series of charts, Mike shows the current gold price trend and explains what it means for both short- and long-term traders.

For Mike’s full explanation, watch the video here!

For the latest updates on the gold market, subscribe to the weekly Investor Alert Newsletter by clicking here.

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