GOLD a possible inflation bet
After giving a breakout in the 2nd week of Feb this year, GOLD rallied near its lifetime high.
It can be seen it retested a lower range of trendline in last week and again bouncing.
Maybe in the short term volatility will be there, for a conservative investor it's a good price and time to accumulate.
- Not a short-term advice/trade.
- Historically other assets like treasury yield outperformed gold in some instances, so one can think another way.
* Happy trading!!! *
It can be seen it retested a lower range of trendline in last week and again bouncing.
Maybe in the short term volatility will be there, for a conservative investor it's a good price and time to accumulate.
- Not a short-term advice/trade.
- Historically other assets like treasury yield outperformed gold in some instances, so one can think another way.
* Happy trading!!! *
Nota
On crucial support now, 1760 will act as resistance.Nota
The view went wrong completely.
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Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.