I have been watching gold closely for years. I had positions in
GOLD and NEM until recently. I sold them both for good profits. I
had a 10% of portfolio position in GLD, which has been reduced to
3%. I am not a trader. I typically invest for longer terms. I find
breakpointtrades.comto ge a
great guide to both longer term and short term setups. My concern
now is that you could be correct. $GOLD could form an inverse head
and shoulder pattern, Actually i think that is likely. But to do
so, it could take 1 to 2 more years, and we could experience some
more downside while we wait. In the end I think $GOLD goes much
higher. It is simply a question of "sooner or later".
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2200.00 by December i will
Fantastic chart and commentary about the potential 10 year {H&S} ...
Posted by RP on 28th of Sep 2020 at 08:54 am
2200.00 by December i will be very happy camper!
I have been watching gold
Posted by pkrsek on 28th of Sep 2020 at 11:14 am
I have been watching gold closely for years. I had positions in GOLD and NEM until recently. I sold them both for good profits. I had a 10% of portfolio position in GLD, which has been reduced to 3%. I am not a trader. I typically invest for longer terms. I find breakpointtrades.comto ge a great guide to both longer term and short term setups. My concern now is that you could be correct. $GOLD could form an inverse head and shoulder pattern, Actually i think that is likely. But to do so, it could take 1 to 2 more years, and we could experience some more downside while we wait. In the end I think $GOLD goes much higher. It is simply a question of "sooner or later".