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Gold

5.00 star(s)
The only way gold is going to fall is if interest rates in the USA rise really fast to seriously big numbers, government pay off all their debts and everything is rosy in the world again.

Not likely. More likely is the gold price doubling by end of next year.


Lesson of the day: How to call out the bulls.


Any more hot tips?





HyqIgflk
 
Last edited: 10:03
That chart, over the past month, doesn't look as unhealthy as most other asset classes (including crypto).
 
That chart, over the past month, doesn't look as unhealthy as most other asset classes (including crypto).

Have a closer look... Gold just formed a Gravestone DOJI + bearish engulfing candle.

In my opinion gold will be downward trending until Spring of next year to $700.
 
Thanks for bringing this thread up, really enjoyed reading it again.

Valuable lessons can be learned. This time it's different™
 
It is interesting how many folks were bullish on the shiny metals yet bearish on Stocks (myself included) - never underestimate the power of uncontrolled central banks.

Have learned to take notes against my trades since that time. Without note taking, I've no idea what my thinking was at the time of the trade.
 
It is interesting how many folks were bullish on the shiny metals yet bearish on Stocks (myself included) - never underestimate the power of uncontrolled central banks.

Have learned to take notes against my trades since that time. Without note taking, I've no idea what my thinking was at the time of the trade.

I know my thinking everytime I trade something.

"This cannot fail, this time next year I will be a millionaire!"
 

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