Gold is known as a hedge against Inflation and currency devaluation. It is following the Time Cycle very well as u can see in this chart. Accumulating gold at current levels and on dips a can be a good strategy to ride the trend towards 70000 levels as long as 62000(cycle low) is held on the downside.
הערה
Gold crosses 6500 in just 2 days book part, trail rest, n accumulate on dip, view bullish towards 70000עסקה סגורה: היעד הושג
הערה
70000 done
כתב ויתור
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כתב ויתור
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.