Gold - I am pretty bullish for all of the 2024, I am pretty bullish for all of the crypto(my fav are: BTC, ETH, LINK, SOL). I am pretty bullish for all of the stock market - I really like NVDA and AMD plays for swing and daytrades
Few fundamental reasons why I buy GLD:
- Banks and goverments are buying a lot of gold from 2020 till now, and we still have very cheap price for gold
- a lot of conflicts, possibility of new conflicts(Taiwan, Gyjana)
Technical resons:
- 5 min.m 8/34 emas crossed on 5m.chart
- we are above 200 ma
- we tried to break 191 level, we still need break and hold hear and next level - 193-193.25
- we tried to break 2000 on gold a lot of times, once it will break and hold will see gold 2500-3000 per unce in 2024
- Its only 1 of my few ideas right one in the market
the idea is not financial advice for entertainment only...
Few fundamental reasons why I buy GLD:
- Banks and goverments are buying a lot of gold from 2020 till now, and we still have very cheap price for gold
- a lot of conflicts, possibility of new conflicts(Taiwan, Gyjana)
Technical resons:
- 5 min.m 8/34 emas crossed on 5m.chart
- we are above 200 ma
- we tried to break 191 level, we still need break and hold hear and next level - 193-193.25
- we tried to break 2000 on gold a lot of times, once it will break and hold will see gold 2500-3000 per unce in 2024
- Its only 1 of my few ideas right one in the market
the idea is not financial advice for entertainment only...