illuminating_trade

bull with gold

Long
TVC:GOLD   CFDs on Gold (US$ / OZ)
2000 is my target for the gold.

WHY? because I see some volatility from current market.

Much volatility means much safe haven.

investors will invest into gold more with this circumstance.

technically this bottom line above is remarkable bottom for the gold also.


Trade active:
let's get some
Trade active:
bull is on charge with gold again
Comment:
sell dollar and buy gold
Trade active:
buy buy buy
Comment:
Despite the market. Gold is strong. it means market's money is incoming
Trade active:
buy buy buy
Comment:
Strong gold means positive signals for the stock market equities
Comment:
Gold is hot
Comment:
Shinning Yellow! Buy gold
Trade active:
people misunderstand that Gold is the safe haven.

My answer is 'no'...

Because Gold rises when equities are rising.

I have no idea how this idea came.

Gold was strong when equities are weakening because of gold standard era.

But it is dollar standard era right now.

so strong gold means strong equities.
strong dollar means weak equities.
Trade active:
who said this is wrong analysis ?!
Trade closed: target reached:
delicious profit. I will update more next time
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