Long

Gold could start an uptrend soon.

Updated

If we can stay above the daily ema's i think Gold has a bright future in the comming recession.
I am still waiting with the buying. As there could be 1 more potencial nuke before starting an uptrend.

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Bids have been placed in the $1810 area. If we dip below the EMA's I will sell. There is a chance that the uptrend could start very soon.

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Gold is starting a bull trend IMO.
It would be a good choice to start DCA'ing into it.
Almost all of the EMA's and MA's on the Daily timeframe started to cross to the upside.

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I sold 50% of my gold and silver portfolio. S&P is looking it could start an uptrend.
Looking at individual stocks for a potencial buy.

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Will reevaluate if we can get above 1880$.

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Back to Gold. Only if the Federal Emergency Fund bails out all the banks, then gold will take a dip again. They have the $$ printer, which allows them to do whatever they please.
But they are this time dealing with inflation, so they are pushed into the corner.

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Still 70% of my portfolio is in Gold. The rest is in Nvidia.

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Gold started a downtrend on the 4h chart. Sold 50% and moved the $$ to AI stocks.

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Seems like this was a good decision. Will probably sell even more gold and move to AI stocks.

Titans_Trading

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