GoldSilverAnalyst

THE GOLD AND SILVER HARSH BREAKDOWN IS ABOUT TO COME

Short
FX_IDC:XAUUSD   Gold Spot / U.S. Dollar
Our previous comments still valid

Having expertise of trading precious metals from more than 11 years gives you immense knowledge about the market,on the basis of current market scenario we know one thing which is very certain,whenever fear enters the market, gold -0.40% -0.76% , and silver -0.21% -0.14% or PMs makes incredible rally-we have seen this market behavior over and over again in our trading carrier but what happened this time? If this is THE SELL-OFF OR THE BIGGEST EQUITY CRASH WE NEVER SAW IN OUR LIFE WHICH REPUTATED MEDIA OUTLETS ARE REFERRING TO THEN WHY GOLD -0.40% -0.76% AND SILVER -0.21% -0.14% IS BEHAVING WEIRD THIS TIME?

Remember if investors were really fearful due to the recent downside price action which we witnessed in equities then price of gold -0.40% -0.76% and silver -0.21% -0.14% (PMs) should have skyrocketed till now
we have written this two days ago that we think the move which we are witnessing is purely price and technical based and not even close to a fear-based move. In other words, our advanced 2.00% 1.50% price analysis suggesting that this small correction soon coming to the end and a major sell-off in PMs will start again.

we believe 2019-2020 could give you your lifetime chance to accumulate substantial wealth by investing in precious metals but we certainly don't think this THE SELL OFF we are waiting for

The upcoming move in PM sector seems to be extremely bullish but before that happens it's very critical to understand that gold -0.40% -0.76% -0.34% 0.07% and silver -0.21% -0.14% -1.15% -0.20% didn't reach their potential bottom yet, those who will miss it will regret it for coming months and years so I hope you guys have positioned yourself and risked enough from which you'll be able to generate substantial profits

PLEASE NOTE-Silver(the Bigger part of my portfolio is dedicated to my silver -0.21% -0.14% investment and we are going to allocate approx 20kUSD when PMs will reach its bottom in near future, However, we will keep you informed

OUR 4 TRADING POSITIONS ARE ACTIVE

Related Ideas

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.