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WKMAnalytics
22 de Jul. de 2020 21:12

Long Gold Largo

Gold/U.S. DollarFXCM

Descripción

My favourite asset so far. Macro context is very supportive for higher prices (money printing, political instability, health and economic crisis...)

My only two doubts are how high it will go and how long it will take.

My estimates are 1900 in August and potential pullback to 1750$ in September (in case we have a vaccine).

On any pullback, load the truck.

Comentarios

Going parabolic, much better than expected. I think it will pull back at 2100$ and rest for a few months.

Same as gold miners. Buy at every dip or consolidation. Dont expect more than a 5-10% pullback.
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