XAUUSD GOLD buying on the dips for next year.
Updated
End of year, volume stacking up. Seems like 2018 could be a good year for GOLD, Crypto's bloodbath could turn some attention back to gold. PMI inflation heading higher, rate hikes totally absorbed and fulfilling market expectation. PE ratios in stocks at insanity levels, bonds market HUGE fragility.
My strategy this coming year will be building my LONG positions as I see good prices. Via buy stops (currently a new order at 1260 if price corrects), or via market orders whenever I'm trading actively at the computer (upon news or some sort of special moment). I'll be buying per ounce, so to have margin available in case price corrects until 1200, 1180. 1120.
Have a nice xmas and wonderful end of year!
Cheers
My strategy this coming year will be building my LONG positions as I see good prices. Via buy stops (currently a new order at 1260 if price corrects), or via market orders whenever I'm trading actively at the computer (upon news or some sort of special moment). I'll be buying per ounce, so to have margin available in case price corrects until 1200, 1180. 1120.
Have a nice xmas and wonderful end of year!
Cheers
Trade closed: target reached
BANG!
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.