Will Gold stay the stable investment in future? XAU/USD vision
Hi there!
I want to show some critical points to Gold investors which they can face in 5 years period.
There are no reasons to analyze, either Gold will rise eternally or not. Anything has a beginning and an end. Until this fiat system is existing, gold will always stay as a defensive asset to inflation. Only black swan can destroy this hundred years building. Gold as the rest of the assets which showed a huge rise before is keeping to rise only on people's faith. It is like a default setting for each person to realize from childhood that gold is something valuable.
Just think, who could imagine a year before that we would pray for digital pictures (NFT) , spending millions on them. It's ridiculous, isn't it? (Maybe no, yet haha) .
So I won't discourse what will happen, as I am a trader, not an employee department of economic forecasting Goldman Sachs.
Technically: the point of ascending wedge after the fifth wave growth is put on a graph. Mostly it is the place with the biggest trade volume, placed ob graph as well.
The more reasonable act for now with gold, even including the situation in Ukraine (where I am from and stay now by the way) is to observe and wait for long-term short.
Stay safe! Bye!
I want to show some critical points to Gold investors which they can face in 5 years period.
There are no reasons to analyze, either Gold will rise eternally or not. Anything has a beginning and an end. Until this fiat system is existing, gold will always stay as a defensive asset to inflation. Only black swan can destroy this hundred years building. Gold as the rest of the assets which showed a huge rise before is keeping to rise only on people's faith. It is like a default setting for each person to realize from childhood that gold is something valuable.
Just think, who could imagine a year before that we would pray for digital pictures (NFT) , spending millions on them. It's ridiculous, isn't it? (Maybe no, yet haha) .
So I won't discourse what will happen, as I am a trader, not an employee department of economic forecasting Goldman Sachs.
Technically: the point of ascending wedge after the fifth wave growth is put on a graph. Mostly it is the place with the biggest trade volume, placed ob graph as well.
The more reasonable act for now with gold, even including the situation in Ukraine (where I am from and stay now by the way) is to observe and wait for long-term short.
Stay safe! Bye!
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.