LAST CALL FOR THIS TRAIN. CHOOSE YOUR BUBBLES. STRATEGY IS HOLD THROUGH AUGUST, IGNORE 1920 AND DEMAND 2025, 2040. THIS IS GOING TO TO TAKE 7 BEAUTIFUL WEEKS.
Just don't get too crazy and start demanding 2100, bc a major retrace is going to happen to retest the breakout. You should be stingy as a trader. But now is not the time to wait for 1792 or even 1810. I have to believe that 1825 is a deal. The reason is gold is taking too long to retrace. Prior to MAJOR TOPS, you really don't get THAT BIG DISCOUNT.
FUNDAMENTALS
I usually don't play this game much but consider the following:
We are in a great stretch of seasonality for gold in any year, BUT ESPECIALLY IN ELECTION YEARS DURING GOLD BULL MARKET. Will the FED tighten? Against 35 million unemployed? That's a cold day in hell. What about COMEX & LBMA, word on the Street is that they are facing historical highs in delivery demand. This fall has a the atmosphere of a Gold run on physical gold banks. You can't paper over a physical gold run. Silver put all the shorts 6 feet under the last week thanks to Sprott and Rick Rule, blah blah blah. Just buy it.
Just don't get too crazy and start demanding 2100, bc a major retrace is going to happen to retest the breakout. You should be stingy as a trader. But now is not the time to wait for 1792 or even 1810. I have to believe that 1825 is a deal. The reason is gold is taking too long to retrace. Prior to MAJOR TOPS, you really don't get THAT BIG DISCOUNT.
FUNDAMENTALS
I usually don't play this game much but consider the following:
We are in a great stretch of seasonality for gold in any year, BUT ESPECIALLY IN ELECTION YEARS DURING GOLD BULL MARKET. Will the FED tighten? Against 35 million unemployed? That's a cold day in hell. What about COMEX & LBMA, word on the Street is that they are facing historical highs in delivery demand. This fall has a the atmosphere of a Gold run on physical gold banks. You can't paper over a physical gold run. Silver put all the shorts 6 feet under the last week thanks to Sprott and Rick Rule, blah blah blah. Just buy it.
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免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。