rafa1239

Gold, nice setup. Buy or wait for a last retracement.

Long
TVC:GOLD   CFDs on Gold (US$ / OZ)
Objective is 2200 USD, the all time high adjusted for inflation between 2013 and 2020 (being conservative) .

Another way to profit from this setup would be to buy "leveraged paper gold", in other words buying gold stocks...
In this case it would qualify it as an excellent "buying and hold" opportunity for the coming years, mostly as a great and reliable inflation edge.

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.