Possible Long Term buy Opportunity for GOLD and SILVER
Gold and Silver has had a pretty strong run so far this year.
As both precious metals are stores of value and have an ever dwindling supply (until we can mine asteroids for minerals), we can hope for the value to contiinue going up.
Based on this pretty wide Fundamental analysis:
https://mises.org/library/gold-money#:~:text=It%20remains%20a%20store%20of,their%20money%20beyond%20a%20point.
We can count on this metals to be perform pretty well in the Long Term, so I have identified an area where the ROI could be signifanctly better for an investor looking to get into this markets.
With a pretty strong support created by previous highs and lows, the 100 MA and the Ichimokou cloud all acting in concert, this a pretty strong area for buyers to step in and avoid further downturns.
As both precious metals are stores of value and have an ever dwindling supply (until we can mine asteroids for minerals), we can hope for the value to contiinue going up.
Based on this pretty wide Fundamental analysis:
https://mises.org/library/gold-money#:~:text=It%20remains%20a%20store%20of,their%20money%20beyond%20a%20point.
We can count on this metals to be perform pretty well in the Long Term, so I have identified an area where the ROI could be signifanctly better for an investor looking to get into this markets.
With a pretty strong support created by previous highs and lows, the 100 MA and the Ichimokou cloud all acting in concert, this a pretty strong area for buyers to step in and avoid further downturns.