I always prefer to look at GOLD chart at the bigger time frame. It gives me a better picture. Let’s have a look at Spot GOLD (XAUUSD). Here is the Daily chart of Spot GOLD (XAUUSD). It is trading slightly below 1300 area. My immediate upside target is around the 1337ish which is also the […]
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Technical view of Gold, and long term investment thoughts
In addition to spot Gold and Silver trading, I have been looking at some long-term Gold investment possibilities. The idea is to apply long-term trend following approach by holding physical Gold (or Silver), while continue short-term speculative trading of these precious metals in spot or futures markets. According to a report on Bloomberg, Gold price […]
