GOLD ( long term investment)
As you see in monthly chart for XAUUSD, we have 12 years resistance.
I know how’s your feeling about breaking such a static trend line.
Well , why we expect this static trend line will break:
Fundamental( Covid-19 and new version- new policy from central Bank of USA- more and more demand in China and India- low risk investment- bearish market for crypto and …..)
Technical (the bigger pattern the stronger reversal)
Why I wrote long term investments, when you have an chart with 12 years resistance, it means you must keep minimum 4 years for maximum gain.
Gold target in coming years: $2500,$3000,$3500,$4000
It could be one of the best investment in your life.
I know how’s your feeling about breaking such a static trend line.
Well , why we expect this static trend line will break:
Fundamental( Covid-19 and new version- new policy from central Bank of USA- more and more demand in China and India- low risk investment- bearish market for crypto and …..)
Technical (the bigger pattern the stronger reversal)
Why I wrote long term investments, when you have an chart with 12 years resistance, it means you must keep minimum 4 years for maximum gain.
Gold target in coming years: $2500,$3000,$3500,$4000
It could be one of the best investment in your life.
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