To buy or not to buy Gold ?

26 Dis 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 Feb

Nota

yawning..........

5 Mac

Nota

could this time breaks above the resistance point ?

26 Mac

Nota

bearish pin bar, short term traders can take profits

9 Mei

Nota

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

15 Mei

Nota

added more

23 Mei

Nota

Praise God. Congrats to those who followed

11 Jun

Nota

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

11 Jul

Nota

added more last night

24 Jul

Nota

a bearish pin bar, expect profit taking

9 Sep

Nota

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

2 Okt

Nota

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