Sentiment Long
I hope you are all doing well in these trying times.
This is my first of many ideas in the market but based on my learning, my analysis indicates a short term buy since this analysis indicated above is only looking back 24 hours into the markets. Considering the havoc this pandemic is wreaking on Governments Larger players will most likely look toward gold as a safe haven as nations begin printing money and jobless claims skyrocket. US/Oil will feel these repercussions as well which will then, in turn, cause the U.S. economy to fail further.
This is my first of many ideas in the market but based on my learning, my analysis indicates a short term buy since this analysis indicated above is only looking back 24 hours into the markets. Considering the havoc this pandemic is wreaking on Governments Larger players will most likely look toward gold as a safe haven as nations begin printing money and jobless claims skyrocket. US/Oil will feel these repercussions as well which will then, in turn, cause the U.S. economy to fail further.
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