cozzamara

GOLD: Three months of downhill

TVC:GOLD   CFDs on Gold (US$ / OZ)
Hallo Tradingviewers, it has been a while since my last publicaction and I hope you are all right. It was the 30th of April when I read this article on Bloomberg by Tamim Elyan and Manus Cranny ( https://www.bloomberg.com/news/articles/... ). When this article was published, GOLD just hit the $1.300 per ounce support for the last time. Two weeks later, on the 15th of May, GOLD broke this support, tested it and on the 15th of June commenced the dive that took it where we are now: $1.227 (and going down at the time of writing). OK, $1.300 wasn't the best entry to target $1.800 but where is it? On the 29th of May “In Gold we Trust 2018” was published (http://www.acting-man.com/blog/media/201...) but it didn't help the precious metal to climb back above the $1.300. And so on the 15th of June it “crushed”. As a quick reference you may want to watch the short review made on youtube by Boubin2 and published on the 16th of June.

In conclusion: Stay alert, be carefull and know what you do!

Please note that I am not a professional trader and these are my personal ideas only.
***This information is not a recommendation to buy or sell. It is to be used for educational purposes only.***
Thank you for following and for sharing your ideas.

Disclaimer:
The information contained in this presentation is solely for educational purposes and does not constitute investment advice. The risk of trading in securities markets can be substantial. You should carefully consider if engaging in such activity is suitable to your own financial situation. Cozzamara is not responsible for any liabilities arising from the result of your market involvement or individual trade activities.
Comment: This is an interview of Ronni Stoeferle, author of "In Gold We Trust 2018 (https://www.youtube.com/watch?v=0KDqQFkj...) published on 12th June on Youtube.
Comment: Please also have a look at Rob Reynolds' view:
Comment: If you remember how it started this post, this article may be a good way of closing it. Have a good read. https://www.bloomberg.com/news/articles/...

GOLD: Three months of downhill....in trade for 3+ years uptrend is gonna be real nice.
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