SabahEquityResearch

Shiny Yellow Metal To ATHs ?

Long
TVC:GOLD   CFDs on Gold (US$ / OZ)
Given the uncertainty in the equity markets, the big unknown in terms of the Hamas/Israel ceasefire along with upcoming recession, and the weakness in growth names this week, perhaps gold deserves a second look as a hedge against further downside for economy.


what do you think ? let me know about your thoughts on this shiny metal.

Not a financial advice I could be wrong.




Comment:
when I go long I will post it here
Trade active:
my order has been filled at 1950 , hopefully it wont hit my stoploss.
Comment:
if you are in this for the short run the earliest place you can take profit is when this hits ATHs.
Trade closed: target reached:
take your profits and run away for some time
Comment:
looks bullish short term

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