On december, i said that gold, could rally under the theory that there is a lot of uncertain in the world, for the first time, the inversion of the yield curve happen on friday, if you look this look in the channel, they coudnt break support $121.00, I expect GLD Tobe above $125, in the next weeks, for get about the dollar, if you notice people have being accumulating gold since october when the market meldown and it was $1180. now is $1315, easily could go to $1350, Im gonna buy OTM Calls April 28 Strike 25,holding period 1 or 2 weeks, depend on your risk tolerance. GL to everyone.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.