yasser_Hamadeh

Don't bet against Gold on Long runs

Long
TVC:GOLD   CFDs on Gold (US$ / OZ)
The bullish trend since 2018 is not going to reverse course soon , with the Fed sleeping on massive unpayable debt and the dark scene threating the US financial system with a huge collapse and the Stubborn inflation which is here to stay , it is a wishful thinking to assume Gold going back under 1620 $ and maybe we have already established the new possible lows at 1800 $ , generally speaking selling gold on low prices close to 1800 $ is becoming more and more dangerous while buying gold on these levels is looking more and more as the right wise decision .
Comment:
it is been almost 1 year since i shared this idea , which proved the theory that gold is a must buy asset after any 150-200 $ correction
so what's next for gold after weekly closing above 2175 $
we shall discuss that later as the Dynamics of the gold Market is changing significantly .
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.