To buy or not to buy Gold ?

26 gru 2023

If you have already longed Gold at around 1700 price level, congratulations. You can either take profits or wait out. But if you have not long Gold this year, I suggest you take a break and wait for the signals. We can see that it is at the resistance level at 2075 price level and while the last few weeks have been bullish, we never know what's going to happen in the future for sure.

So, let the price breaks out and shows evidence of a continued rally before going LONG or it could retrace within the bullish green line before going up or down.

Please DYODD

27 lut

Uwaga

yawning..........

5 mar

Uwaga

could this time breaks above the resistance point ?

26 mar

Uwaga

bearish pin bar, short term traders can take profits

9 maj

Uwaga

cnbc.com/2024/05/08/gold-is-selling-like-hot-cakes-in-koreas-convenience-stores-vending-machines.html

15 maj

Uwaga

added more

23 maj

Uwaga

Praise God. Congrats to those who followed

11 cze

Uwaga

sg.finance.yahoo.com/news/bofa-gold-etf-flows-turn-180702220.html

11 lip

Uwaga

added more last night

24 lip

Uwaga

a bearish pin bar, expect profit taking

9 wrz

Uwaga

IF a recession does come next year along with the rates reduction, this asset class may have more room to go

2 paź

Uwaga

The war will help to accelerate the gold price so not selling nor taking profits yet.....