Is there still demand for gold by central banks around the world, and is gold heading for a correction? We will look into some data on the central banks' interest in this precious metal and discuss how to trade gold during this period. Micro Gold Futures & Options Ticker: MGC Minimum fluctuation: 0.10 per troy ounce = $1.00 Disclaimer: • What...
❤️❤️Thanks for boosting 🚀 and supporting us! 📈We are in pattern , and by break pattern = 70% profit in next level. 🔗 For more communication with us, In the footnote and send a message in TradingView. 👨🎓 Experience and Education: Our trading team has five years of experience in financial markets, especially cryptocurrencies.
Long gold from Fed Interest Rate Decision. Be careful, high volatility. Very high risk.
Buy no matter what. I'm in with 40k shares, plan to buy much more for long term ( 5-10 years)
Let’s see if we can break uptrend here... I think we might. *** not financial advice***
This type of company have the power to change this era. I'm in with 10k shares, plan to buy more for long-term (5-10 years).
Gold charts generated an Extreme Turn BUY SIGNAL at a nice confluence of our tLine Trend indicator and prior structure resistance. We'll express this trade with options: GLD Dec 167 / 172 Bull Call $1.92 Debit We're also long the MGC Futures contracts
For active traders, the market action in the metals has been tremendous over the past month. We posted a short idea yesterday in copper HGU2020. The market is higher than our entry. The 7-day ATR in the GC is over $55 and we saw a nearly 4% decline in today's session. BTC and cryptos followed along lower. We're entering a long position MGCZ2020 based on a Ext...
Definitely looks like a break out, though volume is a tad underwhelming. Fundamentals for gold however, given the central bank flailing occurring globally, could not be stronger. Still a long position here looks promising but beware another margin call type event if we have a repeat of March!
Looking at past trends, we can see that a major fall in price a few months ago was a result of it breaking a mini support line. It has one now, does this hold or does something happen that can potentially see prices crash? I'm only very new to this, this probably has no correlation... amy corrections/advice would be appreciated.