As you can see on the chart, it is about time the bear trader losing its power and momentum. No more chinese gold selling.
It is time for more demand for the sentiment which is trader eager to purchase more with the expensive amount. Gold mining activities shows clearly on the demand to dig dig and dig more gold while the production gold line is right now i heard busy to produce more gold bar in the market. Apparently, the supply of gold is not much right now and it is limited from days to days production compare to the demand of the world.
Political uncertainty and late cycle concern will likely support investment demand for bullion as a DEFENSIVE ASSET.
Everything that you do on bullion, just BUY and BUY and BUY. Sooner or later, fiat currencies in the world will collapse with 0 value and this is what is happening to EU and people will need a stable currencies with the value that cant be printed or manipulated in gold.
This is why the debate as bitcoin cryptocurrencies as a safe heaven asset is not really practical. For me, bitcoin is just like the same of the fiat currencies which is non-physical and digital. For the longer-term future that wanting the bitcoin to be the safe heaven in the world will be likely to be manipulated in digital terms.
It is about time to purchase the gold and it is around the corner by this week to buy on the breakout. While other trader right now already buying gold in spot currencies as price of the gold will never turning back at the moment to the lower key level on 1400.00 anymore. All the major political highlight now with the trade war, hongkong protester and coronavirus are just the indicator fundamentally which the gold will rallies. This is the catalyzer. Anything happen in the world on the news, will only make the gold stronger because poeple will buy and buy gold and the demand strengthen.
Who ever elected beside the Trump on this presidential election will only support the gold to rise and will not ever decrease its value.
I am seeking the gold will be higher towards this key level 1625.25.
By Zezu Zaza
It is time for more demand for the sentiment which is trader eager to purchase more with the expensive amount. Gold mining activities shows clearly on the demand to dig dig and dig more gold while the production gold line is right now i heard busy to produce more gold bar in the market. Apparently, the supply of gold is not much right now and it is limited from days to days production compare to the demand of the world.
Political uncertainty and late cycle concern will likely support investment demand for bullion as a DEFENSIVE ASSET.
Everything that you do on bullion, just BUY and BUY and BUY. Sooner or later, fiat currencies in the world will collapse with 0 value and this is what is happening to EU and people will need a stable currencies with the value that cant be printed or manipulated in gold.
This is why the debate as bitcoin cryptocurrencies as a safe heaven asset is not really practical. For me, bitcoin is just like the same of the fiat currencies which is non-physical and digital. For the longer-term future that wanting the bitcoin to be the safe heaven in the world will be likely to be manipulated in digital terms.
It is about time to purchase the gold and it is around the corner by this week to buy on the breakout. While other trader right now already buying gold in spot currencies as price of the gold will never turning back at the moment to the lower key level on 1400.00 anymore. All the major political highlight now with the trade war, hongkong protester and coronavirus are just the indicator fundamentally which the gold will rallies. This is the catalyzer. Anything happen in the world on the news, will only make the gold stronger because poeple will buy and buy gold and the demand strengthen.
Who ever elected beside the Trump on this presidential election will only support the gold to rise and will not ever decrease its value.
I am seeking the gold will be higher towards this key level 1625.25.
By Zezu Zaza
