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 • Price Of Gold FINALLY Breaking Out (W... . 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:
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Gold Investing Strategy:
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Another Gold Analysis (Before Breakout):
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Watch video Should You Buy Gold Now (AT $2000) Or Wait For a PullBack? | GOLD Technical Analysis online without registration, duration hours minute second in high quality. This video was added by user Figuring Out Money 05 August 2020, don't forget to share it with your friends and acquaintances, it has been viewed on our site 8,536 once and liked it 322 people.