TradingView
Shortmetina
Aug 30, 2019 3:34 AM

Should you buy GOLD? Is it a good hedge? 

SPDR Gold TrustArca

Description

GOLD broke out of multi-year resistance in August of 2019
Showing extreme strength
Recently ran into secondary resistance of around $142-$144
If we surpass $144, GOLD can see levels it hasn't seen since 2011
Between 2011-2012, GOLD traded between 150s-180s.
Comments
Bullandbeartrading
Great ranging box buddy.
More