Shortmetina

Should you buy GOLD? Is it a good hedge?

AMEX:GLD   SPDR Gold Trust
GOLD broke out of multi-year resistance in August of 2019
Showing extreme strength
Recently ran into secondary resistance of around $142-$144
If we surpass $144, GOLD can see levels it hasn't seen since 2011
Between 2011-2012, GOLD traded between $150s-$180s.

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