Thank you for taking the time to read my idea, your support is appreciated by a thumbs up.
Gold is in a clear uptrend channel and has just touched support.
This bodes well for a continuation plus an entry area for new longs.
Stepping up and healthy pullbacks followed by another step up....and so on.
Long term bulls have known precious metals would begin this phase for a long time and
have endured all sorts to this first ignition point.
Many believe gold and silver are overbought....when something is undervalued and unloved so much like silver for instance...you buy it.
You are going against the grain and the very early bird gets the biggest feed.
$10k is a minimum.
Gold and silver have a very long way to go...bumps and emotional tests will come.
FEAR is fast approaching again and like never seen before.
Gold is in a clear uptrend channel and has just touched support.
This bodes well for a continuation plus an entry area for new longs.
Stepping up and healthy pullbacks followed by another step up....and so on.
Long term bulls have known precious metals would begin this phase for a long time and
have endured all sorts to this first ignition point.
Many believe gold and silver are overbought....when something is undervalued and unloved so much like silver for instance...you buy it.
You are going against the grain and the very early bird gets the biggest feed.
$10k is a minimum.
Gold and silver have a very long way to go...bumps and emotional tests will come.
FEAR is fast approaching again and like never seen before.
Note
Gold has decided to hit a bump and the action the past few weeks looks now to have topped.This correction could be anything...but it will only serve as a launch pad for the next phase.
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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.
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.