This is a long term investment strategy but off course we are not without a plan for the short-mid term.
I think that 1700s will the perfect buying spot as the 18 months moving average would coincide the 0.618 Fibonacci retracement it it plays out in the next 2-3 months. TVC:GOLD moved very quick and unsustainably decoupled from the 18 Monthly moving Average. The rally can continue only by multiple corrections to the 18 MMA . Long talk short, we are taking partial profits here and wait for the above scenario play out.
My Long term (years) price target is 3525 USD/ounce as is the price target of the gigantic cup & handle .
I am not a professional technical analyst. My analysis are not trade or investment advice.
We can never know what the market needs or wants. It does its thing, then we reevaluate.
I think that 1700s will the perfect buying spot as the 18 months moving average would coincide the 0.618 Fibonacci retracement it it plays out in the next 2-3 months. TVC:GOLD moved very quick and unsustainably decoupled from the 18 Monthly moving Average. The rally can continue only by multiple corrections to the 18 MMA . Long talk short, we are taking partial profits here and wait for the above scenario play out.
My Long term (years) price target is 3525 USD/ounce as is the price target of the gigantic cup & handle .
I am not a professional technical analyst. My analysis are not trade or investment advice.
We can never know what the market needs or wants. It does its thing, then we reevaluate.
Thông báo miễn trừ trách nhiệm
Thông tin và ấn phẩm không có nghĩa là và không cấu thành, tài chính, đầu tư, kinh doanh, hoặc các loại lời khuyên hoặc khuyến nghị khác được cung cấp hoặc xác nhận bởi TradingView. Đọc thêm trong Điều khoản sử dụng.
Thông báo miễn trừ trách nhiệm
Thông tin và ấn phẩm không có nghĩa là và không cấu thành, tài chính, đầu tư, kinh doanh, hoặc các loại lời khuyên hoặc khuyến nghị khác được cung cấp hoặc xác nhận bởi TradingView. Đọc thêm trong Điều khoản sử dụng.