Gold – Long Term Price Action

FX:XAUUSD   Gold Spot / U.S. Dollar
Having taken a long position for a long-term trade, I feel a bit suspicious on this decision.

I came to read an article noting that the gold miners would have been well prepared for a decrease down to 1120 level.
They might be, but I am not actually prepared for this financially .

On the other side, speculative short positions already equaled long positions.

Any ideas for a long-term positioning in gold?


I miss you:)
Hi CitRoN_RouGe! Please not over trade it, use stop loss and use small position. We may confirm it after this month close.
I think 1150 area is a very good place to buy with very low risk
Home Stock Screener Forex Screener Crypto Screener Economic Calendar About Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter
Profile Profile Settings Account and Billing Referred friends Coins My Support Tickets Help Center Private Messages Chat Sign Out