To buy or not to buy Gold ?

2023年12月26日

If you have already longed Gold at around 1700 price level, congratulations. You can either take profits or wait out. But if you have not long Gold this year, I suggest you take a break and wait for the signals. We can see that it is at the resistance level at 2075 price level and while the last few weeks have been bullish, we never know what's going to happen in the future for sure.

So, let the price breaks out and shows evidence of a continued rally before going LONG or it could retrace within the bullish green line before going up or down.

Please DYODD

2月27日

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yawning..........

3月5日

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could this time breaks above the resistance point ?

3月26日

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bearish pin bar, short term traders can take profits

5月9日

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cnbc.com/2024/05/08/gold-is-selling-like-hot-cakes-in-koreas-convenience-stores-vending-machines.html

5月15日

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added more

5月23日

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Praise God. Congrats to those who followed

6月11日

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sg.finance.yahoo.com/news/bofa-gold-etf-flows-turn-180702220.html

7月11日

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added more last night

7月24日

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a bearish pin bar, expect profit taking

9月9日

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IF a recession does come next year along with the rates reduction, this asset class may have more room to go

10月2日

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The war will help to accelerate the gold price so not selling nor taking profits yet.....