TradingView
JBPip
Aug 15, 2020 11:53 PM

Warren Buffet just made a historic mistake! QWAnalysis Short

GoldOANDA

Description

I don't know if you follow the news, but this one is important. Buffet announced that he bought an incredible amount of gold, which for me, would generate losses in the short term, but INCREDIBLE long term gains, because according to my analysis, after the gold reaches 1700, it would take off towards 3k+.

I analyze:

Bollinger bands.
Fib time-zone.
Fib Wedge.
Fibonacci retracements.
Elliot waves.
Market geometry.

I was kind of bored and entertained myself with this. LOL.




Comments
EmptyEternity
Buffet is a big fan of selling puts to enter a position - "you profit when you buy, not when you sell." I expect short term losses before long term gains around the election..
JBPip
@EmptyEternity, interesting, thanks for sharing your opinion.
Rasquinard
In what of his trades, Buffett looks for short term investment?

Short term decrease possible but any bad news on the virus or the central bank intervention will turn the tables. Going short in here will be very risky.
JBPip
@Rasquinard, thanks for commenting.
samimikaelfx
Up we go
More