If we can stay above the daily ema's i think Gold has a bright future in the comming recession.
I am still waiting with the buying. As there could be 1 more potencial nuke before starting an uptrend.
I am still waiting with the buying. As there could be 1 more potencial nuke before starting an uptrend.
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Bids have been placed in the $1810 area. If we dip below the EMA's I will sell. There is a chance that the uptrend could start very soon.
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Gold is starting a bull trend IMO.
It would be a good choice to start DCA'ing into it.
Almost all of the EMA's and MA's on the Daily timeframe started to cross to the upside.
It would be a good choice to start DCA'ing into it.
Almost all of the EMA's and MA's on the Daily timeframe started to cross to the upside.
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I sold 50% of my gold and silver portfolio. S&P is looking it could start an uptrend.
Looking at individual stocks for a potencial buy.
Looking at individual stocks for a potencial buy.
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Will reevaluate if we can get above 1880$.
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Back to Gold. Only if the Federal Emergency Fund bails out all the banks, then gold will take a dip again. They have the $$ printer, which allows them to do whatever they please.
But they are this time dealing with inflation, so they are pushed into the corner.
But they are this time dealing with inflation, so they are pushed into the corner.
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Still 70% of my portfolio is in Gold. The rest is in Nvidia.
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Gold started a downtrend on the 4h chart. Sold 50% and moved the $$ to AI stocks.
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Seems like this was a good decision. Will probably sell even more gold and move to AI stocks.