The #1 Reason Why Buying Gold Is Hard Right NowBuying gold is a bit of a challenge for me
because I am so used to buying bitcoin
But what i have noticed is that
When bitcoin goes up gold goes down
and vice versa..
so my idea of buying gold
Is to buy it at the same time as bitcoin
but account for the drawdown of about 5%
its not pretty but it will work in the long
run
Again am not a fun of trading gold COMEX:GC1!
With margin
but its a good one to consider right
now that the market is quiet from good entries
and we are standing on the sidelines
during this crazy market mania.
Even though am thinking
You can still buy Bitcoin
but look at the stochastic RSI below
the chart you can see the moving
averages crossing.
The only challenge with trading
Gold and silver is the volatility is
crazy so if you dont mind the ride
Then you can take it
just remember to use the
stochastic rsi as your
guide to know whether the price is
cheap or not.
Personally, i have re-entered the
Bitcoin CME:BTC1! price action,
It may crash next week
But at least your Bitcoin Buy
should sustain you with
some profit.
So for this one Buy Gold, silver and
Bitcoin
according to this chart Buy Gold
using the daily stochastic rsi chart after
the Bitcoin buy signal
Also, this price action follows
the rocket booster strategy
To learn more about this strategy
check out
the references below
Remember to rocket boost this
content to learn more
Disclaimer: Trading is risky
please learn risk management and profit-taking
strategies. Because you will
Lose money whether you like it
or not.