Be the men who love Gold

Aktualisiert
After more than 3 months of waiting, it seems Gold may be ready to breakout of its flag
pattern.

Get ready to buy when it breakout.
Anmerkung
marketwatch.com/story/gold-rises-as-metal-breaks-out-above-point-of-resistance-at-1480-technical-analysts-says-2019-12-23

In less than 6 weeks from now, ethnic Chinese across the globe will be celebrating the Chinese New Year. And during this festive season, many will be purchasing gold bars, necklace, accessories, etc to give to family members or for safekeeping. This will inevitably drive the demand up and thus push the price up as well. After today, we will initiate a position
Anmerkung
Praise Lord and congrats to those who believed and traded with us.
Anmerkung
We are expecting some resistance at 1515.85 level so you can take some partial profits and let the remaining run. Congrats to those who trade gold
Anmerkung
Praise Lord. The metal that glitters continue to shine brightly ahead. In theory, there should be a correction at 1550 level but instead it went up all the way. Those who have yet to get in, do not rush in to buy now as a correction is round the corner.

Those who bought can take some partial profits and adjust SL.
Anmerkung
Please refer to my comments on Silver, it applies for Gold as well.
Anmerkung
markets.businessinsider.com/commodities/news/gold-price-undervalued-coronavirus-hedge-funds-elliott-management-2020-5-1029166586

Ah, nice, now we can leverage on the big boys and hopefully continue to ride the trend higher. Who's in ?
Chart PatternsTrend Analysis

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