ARESABI

Where to buy GOLD for a MID-TERM hold!

Long
FX_IDC:XAUUSD   Gold Spot / U.S. Dollar
Hello everyone,

please use this chart to verify a great entry for $GOLD during december.
The key zone, which is also our entry, is located at $1750.00. I'm expecting the price to reach this level
during the current sell-off or after 3-4 weeks of accumulation. The price is also at the MA200 & Oversold on the RSI .
We've seen this at the peak of the COVID19 pandemic already and as you can see, $GOLD resumed the uptrend and bounced of the Moving Average.

$GOLD performed great during this year and is up 18%. Therefore we might see fundmanagers taking profit at the end of december,
which is a great opportunity to make some proper gains throughout 2021.

cheers,
AREABI

Trade active: as planned
Comment: Everything worked out perfectly :-)
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