Should You Buy Gold Now (AT $2000) Or Wait For a PullBack? | GOLD Technical Analysis
Should you buy gold now after the massive breakout to an all time high of $2000, or should you wait for a pullback? In today's gold technical analysis we look at the weekly timeframe and daily to go over that question in more detail.
I map out support and resistance levels and discuss a gold buying strategy that you can use if you do not want to miss out on the current bullish move.
Overall Gold has made a huge run up since my last technical analysis video https://youtu.be/7go2D-j4ZSQ . The move can be considered over extended, so you are going to have to ask yourself what your goal with a gold trade is going to be. Are you planning on holding for 5 - 10 years, or are you planning on making this a short term gold trade?
Dollar (DXY) Technical Analysis:
https://youtu.be/T8EMZLmwEQc
Gold Investing Strategy:
https://youtu.be/kVQdVAv8vSk
Another Gold Analysis (Before Breakout):
https://youtu.be/wcMgRq1m-sk
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DISCLAIMER: I am not a professional investment advisor, nor do I claim to be. All my videos are for entertainment and educational purposes only. This is not trading advice. I am wrong all the time. Everything you watch on my channel is my opinion. Links included in this description might be affiliate links. If you purchase a product or service with the links that I provide I may receive a small commission. There is no additional charge to you! Thank you for supporting my channel :)
#Gold #TechnicalAnalysis
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