Gold: Potential daily/weekly/monthly rally
Gold is now rallying sharply and above the mode of these 3 timeframes, already triggered a daily rally, will confirm a weekly uptrend on close this week, and can trigger a monthly uptrend next month.
I'm holding physical and paper positions, and looking to add periodically when viable. This trade is meant as both a hedge for my equity positions, and also a take profit from cryptocurrencies after massive gains this year.
Best of luck if following this idea and my previous gold long reccomendations.
Cheers,
Ivan Labrie.
I'm holding physical and paper positions, and looking to add periodically when viable. This trade is meant as both a hedge for my equity positions, and also a take profit from cryptocurrencies after massive gains this year.
Best of luck if following this idea and my previous gold long reccomendations.
Cheers,
Ivan Labrie.
Comment:
$XAUUSD trend signals
We will add on dips next week. Enjoy the weekend!
Comment:
Gold acts well, we can hold our position
If we break the resistance and rally all week, we can see a big move.
Comment:
Trade active:
Adding to physical positions, and futures.
Also in miners (ARNGF, BVN, GDXJ)
Also in miners (ARNGF, BVN, GDXJ)
