ridethepig | Buying Gold For Valentines Day...
Updated
Here adding to longs as the swing towards 1600 looks only a few sessions away, well done those riding this leg from the previous 1550 positions. Risk is not showing signs of abating via coronavirus, inflation is back with a vengeance and it's time to continue working the bid in Gold.
Fir the portfolio: BUY GOLD 1575 | TP 1600 | STP 1565
On the Technical flows tactically bidding 1575 and looking for 1600 makes sense, there is a lot of room still left to the topside as can be found in the medium-term charts:
Continue to ride the pig towards 1600 and beyond. I find a lot of comfort leaning on the reflationary price drivers and with the caveat being risk via coronavirus slowdown also being bullish for Gold it makes sense to me/
Thanks as usual for keeping the support coming with likes and comments.
Fir the portfolio: BUY GOLD 1575 | TP 1600 | STP 1565
On the Technical flows tactically bidding 1575 and looking for 1600 makes sense, there is a lot of room still left to the topside as can be found in the medium-term charts:
Continue to ride the pig towards 1600 and beyond. I find a lot of comfort leaning on the reflationary price drivers and with the caveat being risk via coronavirus slowdown also being bullish for Gold it makes sense to me/
Thanks as usual for keeping the support coming with likes and comments.
Note
You can also track the risk-off flows in CHF Trade closed: target reached
$1600 Cleared... Happy Wife... Happy Life !!
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