Good morning and good evening everyone !
Lets talk about Gold. On the graph we can see Gold is very close to the 200SMA chances are this is a good time to buy into Gold for the long term. The 200 day moving average often provides a good idea of when to buy into a stock/commodity when you believe in the underlying fundamentals.
This is potentially not a bad time to buy into gold stocks. I'm personally thinking of adding to my gold positions $GOLD $NEM here.
What do you think will do in the current climate and why ?
Thank you for your time.
If you like my ideas or like the discussion please give me a follow.
Here is a peak at my public portfolio;
www.etoro.com/people/samboly/portfolio
Lets talk about Gold. On the graph we can see Gold is very close to the 200SMA chances are this is a good time to buy into Gold for the long term. The 200 day moving average often provides a good idea of when to buy into a stock/commodity when you believe in the underlying fundamentals.
This is potentially not a bad time to buy into gold stocks. I'm personally thinking of adding to my gold positions $GOLD $NEM here.
What do you think will do in the current climate and why ?
Thank you for your time.
If you like my ideas or like the discussion please give me a follow.
Here is a peak at my public portfolio;
www.etoro.com/people/samboly/portfolio