S&P 500 IndexShort
S&P 500 Priced In Gold Update.
Back in May 2021, I posted this chart SPX priced in Gold was hitting a potential area of reversal.
Fast forward to today and sure enough, it is rolling over after slightly breaking previous highs.
This chart gives us a good idea of how exposed to gold we should be. I have been asked on several
occasions about Gold. My reply has been the same when gold breaks out you won't need to ask me.
I hope my answer makes sense now. :) Investing in trading is not about guessing. It's about risk-reward.
Fast forward to today and sure enough, it is rolling over after slightly breaking previous highs.
This chart gives us a good idea of how exposed to gold we should be. I have been asked on several
occasions about Gold. My reply has been the same when gold breaks out you won't need to ask me.
I hope my answer makes sense now. :) Investing in trading is not about guessing. It's about risk-reward.
Real Macro Economic Investing
patreon.com/Realmacro
patreon.com/Realmacro
Related publications
Disclaimer
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.
Real Macro Economic Investing
patreon.com/Realmacro
patreon.com/Realmacro
Related publications
Disclaimer
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.