$PHYS (better than $GLD) Looks like Gold is Breaking Out!
I've been looking at a gold play for awhile now. $PHYS seems to track "real gold" better than $GLD. I just opened a new position as it both had broken the down trend line but I also wanted it to retake the 200 DMA. I've got a tight stop on this. You can see my entry and stop on the chart. I'm looking to gold / $PHYS as a hedge on the inflation headlines. Ideas, not investing / trading advice.
Ideas I publish are my own. They are not meant to be investment / trading advice. You are encouraged to do your own due diligence.
I may or may not take any trade published and I am under no obligation to post any action or update to any idea.
I may or may not take any trade published and I am under no obligation to post any action or update to any idea.