Short and continous long

29. Nov. 2020

Short for now until possibly 1650 region support, once there, looking to go long, as per my previous post in 2019, gold will go long forever as long as there's market instability or mistrust of some sort, gold will always be the backup. Furthermore, gold is going short in respect of the vaccine that just came about. Once the vaccine hype is over, gold will go long as most economies are still in recovery, and to produce and distribute the vaccine will take long as well...so 2021 will be the 1st year of vaccine distribution, which is also bound for small failures from a logistics point of view, product suitability point of view, and certain countries have not secured enough vaccine as of yet. So long position is still the best position, overall my prediction is that Gold will reach 2500$ mid or end of 2021.