◾goldbees is consolidating in a narrow range between two trend lines in black color
◾Buy goldbees @CMP
◾If it give close below the lower black trend line on weekly basis...Then exit
◾Risk reward + safety is very favourable
Enter in GOLDBEES between 42 and 40....wait for reversal with volume on lower TF........ No sl as it was for investment purpose....... Immediate target for swing traders will be around 49,53.5 and long term above 60+ easily......levels are marked........ best buy if goes around 35
The Goldbees company is a gold exchange traded product that also is an invested ETF.
In the 1990s, the price for 1 kg gold was equivalent to a maruti 800 and over the years the same amount equals to the cost of a high end BMW car.
Gold is the same, but the value increases.
Similarly, if bought now as goldbees specifically is in a dip but gold is a...