GLD showing signs of Bull trend
not only is the weekly in reverse H&S but in breakout mode as well
volatility is up and Bitcoin is Bearish , retreating thus breaking the link with Gold
as a hedge
not only is the weekly in reverse H&S but in breakout mode as well
volatility is up and Bitcoin is Bearish , retreating thus breaking the link with Gold
as a hedge
Comment:
GLD Long
it has been a year since i recommended the bull trend and i have not been disappointed the pull back in GLD is only temporarily as it is earnings season
i expect some volatility but gold should end this year up.
DRD Gold is my favorite for a breakout due to no dept. and lower procurement costs?
it has been a year since i recommended the bull trend and i have not been disappointed the pull back in GLD is only temporarily as it is earnings season
i expect some volatility but gold should end this year up.
DRD Gold is my favorite for a breakout due to no dept. and lower procurement costs?
Trade active:
GLD Long
Has seen a rollercoaster movement up from my last recommendation.
and has consolidated since April 2023 I anticipate further movement up
now that we have broken out.
Has seen a rollercoaster movement up from my last recommendation.
and has consolidated since April 2023 I anticipate further movement up
now that we have broken out.
Comment:
GLD Long
I also hold DRD Gold shares i bought in 2019 at R2.42
It has been a while since my last update
i still believe we will breakout again to the upside
2024 will be the year we leave stocks behind while we shoot the moon?
I also hold DRD Gold shares i bought in 2019 at R2.42
It has been a while since my last update
i still believe we will breakout again to the upside
2024 will be the year we leave stocks behind while we shoot the moon?
As a hedge gold has done its job
yes it retreated as all shares did
so where to next I see gold bull market build up starting August 2022
this includes oil and gas