GOLD on BREXIT
Updated
Brexit happened. I believe it was a surprise. After some short term volatility, over time I think Gold and safe havens will do very well. On top of that, the charts have been very strong for Gold and I've been trying to get a position for a while, but lacked a decent dip.
Today gold is up 4%, BTG up 9% and EGO up 5%.
My BTG and EGO positions have turned green. I'm doubling up on them and will have a break even stop.
Today gold is up 4%, BTG up 9% and EGO up 5%.
My BTG and EGO positions have turned green. I'm doubling up on them and will have a break even stop.
Trade closed manually
Sold BTG today at $3.48Nice ride, it could still go higher, as gold appears to be early in a new DC.
But hey, nearly 50% gains. Chart looks extended. Taking profits here and will wait and see what happens.
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.