What does that mean one should buy Gold at this level and enter for a long position or wait for a mild to big correction to come down then buy gold ??? or one should short gold at this level
sfmqrb
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@meeturvish, it depends on how much time does someone want to invest in gold.
in long term(more than 2 - 3 years) buying gold is definitely a good trade.
Actually buying gold in this century has performed better than S&P 500 and it will continue.
but in very short-term(1-2 week) if I were you I would wait until some correction occurred and then long.