Gold near support ?

By Samboly
Good morning and good evening everyone !

Lets talk about Gold. On the graph we can see Gold is very close to the 200SMA chances are this is a good time to buy into Gold for the long term. The 200 day moving average often provides a good idea of when to buy into a stock/commodity when you believe in the underlying fundamentals.


This is potentially not a bad time to buy into gold stocks. I'm personally thinking of adding to my gold positions GOLD NEM here.

What do you think will do in the current climate and why ?

Thank you for your time.

If you like my ideas or like the discussion please give me a follow.

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etoro.com/people/samboly/portfolio
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