Long
GOLD long position
Gold is on a strong supply. It was at this price in December. Given the ever-higher bond prices and the weakening dollar, it would be logical to invest in gold. Why gold is "uninteresting" in the current situation. It's easy many investors have focused on Bitcoin, Ethereum and other altcoins. But gold, in my opinion, is still a good store of value in these uncertain times.
I give TP for a nice round amount of 1850 which is also the previous support resp. recent resistance.
It's just my opinion don't take it as an investment recommendation
I give TP for a nice round amount of 1850 which is also the previous support resp. recent resistance.
It's just my opinion don't take it as an investment recommendation
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Disclaimer
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.