By: Scott Redler
We had a lot of interest in our position management post and how to tier into positions. Tier management provides us an opportunity to minimize our risk and push our reward when we have confirmation in our idea. Today on CNBC’s Squawk Box, I outlined a strategy on tiering back into the long Gold trade. Between Friday and today, we have seen a sharp pullback in the price of gold, yet I do not believe the trade is over just yet.