I like huge charts. They can tell you when to pay attention. Dollar dying and gold rising? Maybe it's good to be not so sure yet.
Nota
Some people compare it with Bitcoin but the chart is not like Bitcoin. Bitcoin is losing momentum on the macro chart. It feels like Bitcoin needs a reset. A new cycle based on a huge macro bottom.
But Gold is different. Looks like Gold is in a cooldown mode after the CRAZY run between 2001-2011.
That makes you think one thing you know. Big crisis happens and people realize money should be scarce. So, maybe Gold is super bullish on the macro.
Nota
I'm considering to sell my gold soon. Fast move with strong narrative. I'm not a fan. I wouldn't short yet but...Nota
Sold today.Nota
I've just put an insanely bullish possibilty here but I still have no exposure to Gold :D More confidence...Trade attivo
I just opened a long position @1876. Not a long-term position. Just a degen try. Stop @1855.Nota
I mean it's so eye-catching that it can be even used as a bait :D But we'll see.Nota
Lol came very close to my stop. I increased size here. Stop same.Nota
Wow ok. stopped out. bought some spot gold though. I'll continue to buy over a long period. This is serious weakness. But.. I can't see reasons.Nota
I believe ~1830 is important. If we lose that there is a very good chance we see range bottom. Long accumulation phase will be needed in that case. I don't wanna see that to be honest. But bullish until we lose that too.Nota
I mean there is TA about 1830 but not about V recovery. It's hit just now. So we will have to see.Nota
Bought a lot of gold ~1830. I can consider sell some of it in case of good bounce.Nota
Looks like I was wrong as hell :D I mean ok it's gonna be a big thing.Nota
Honestly after that equal high, after studying the macro gold chart for some time, after this manipulative move, nothing can make me sell my gold. I'll just buy more in time.Nota
My best guess is that gold needs a sideways period of maybe a few months. I don't believe this is just a correction to the dump. Yet.Nota
I think this is where it can struggle to break. It came even faster than I thought. For support, it'd be nice to hold 1900. But I'm OK with another test of 1800. With a little bit of panic under it.Nota
Gold has every right to go up only. So I won't be begging for a pullback. Already bought a fair amount. If it goes up only I'll buy higher.Nota
It would be great to see gold become completely de-correlated with DXY. That is my expectation.Nota
Pullback looks real. I buy some around 1900 and 1870. If it comes.Nota
Commodities probably turned bearish this week. Possibly a recession thing. But gold is not your average commodity. I believe in diverging gold.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.
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.