Long

Gold the train leaving the station?

Updated

Gold has formed a tripple top, usally all tripple tops get broken.
This is a golden opportunity to look at not only gold but gold stocks.
They are depressed and have huge potential. If Energy stay stable and gold price
increase then miners have huge proffit margins. Also alot of nations are buying gold
now insted of US treasury because of the US policy of sanctions.

Note

Note

This has been a perfect trade for us.
We called the structure, long before anyone on trading view.
Look my idea from march this year pointing this out.

Its almost year end and we had alot more winners then looser this year, we stayed away from many bad trades prserving our cash when alot of guys on tradingview makes ideas and dont understand bigger picture.

This trade is closed now. But gold/silver/copper minners are stil undervalued and thats the best opportunity, right now. If in some years commodity prices are higher, then these stocks will be cashcows or have valuable rescources.
Look up Brixton Metals on youtube, alot of informative videos on the stock,
its a good crazy low priced today and the potential is big.
As always make your own calcualtion and desicions.

I am a long term trader, and dont do daytrading, thats in reality a fast way to the poor house. Fallow and like for more ideas.

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Masterpice. Setup created by my cycle work. Target reached.

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Longerterm its a bumpy road, price will test key areas and bounce from there.
If it dont bounce from key areas of support, then we must reconsider our approch.

TradingIsNotGambling

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