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SabahEquityResearch
Nov 7, 2023 1:56 PM

Shiny Yellow Metal To ATHs ? Long

GOLD (US$/OZ)TVC

Description

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
Comments
CzarDarius
good call!
PIPPINTRADER
Awesome analysis...I'm looking at 1880 price levels.
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