Post

Anyone willing to buy gold in the 4063–4080 range is betting that the momentum from NFP night hasn’t faded yet. Gold has surged so hard that a pullback is an opportunity to get in. Set your stop at 4020; if it breaks, take the loss. As for sector rotation, safe-haven funds have indeed been shifting into precious metals lately. No need to rush to a conclusion—let’s see how things play out. If you’re watching, keep an eye on #Gold.

View Original
post-image
This page contains third-party content and does not constitute any advice, nor does it represent Gate's endorsement of such views. For details, please see disclaimer.
GLDXGLDX-0.40%
PAXGPAXG+0.37%
XAUXAU+0.38%


Add a comment
Add a comment

Comment 6
OpportunityAccountant
I did the math: the opportunity cost of this $17 upside is enough to make me miss two waves of memes
BitByBitBenny
In the 4063–4080 range, my checklist will say, “Split it into three buys and add once for every $5 drop”; don’t try to guess the bottom; just execute
RoyaltySamurai
避险如武士之盾,然盾亦有轻重之分,阁下可曾称量
DCADog
A small position lets you watch the show; a large one keeps you up at night
LiquidityCatcher
When a new pool launches, with volatility like this, impermanent loss could hit before the stop-loss