Hi readers~ sorry for let this site idle for more than half a year. As long as you and me do not let gold not be part of your financial portfolio, its good enough! :) As for now, let's have a look at gold price trend so far, and what opportunity do we have...
This is a daily chart on gold price. The two blue parallel line are trend line which indicate the expected price movement. The above is resistance level and the below known as support level. It is to be noted that for the last 4 days, the gold price was moving below the support line based on few fundamental news especially lingering around the US economy.
What that supposed to mean? As for me, it has been 4 "opportunity" days for us to buy gold as it reaches the support line before it bounces back towards the higher price. The market's sentiment is still bias to uncertainty by virtue of near dojis for the last 2 days and the trend seems to continue today.
Regardless of chart or technical note above, buying and saving gold is still considered as safe haven for a long run. In short, just buy it and wait until you reach your objective in gold saving to sell it back to the market. In this sense, your knowledge in determining genuine and true business is important. Invest also in gaining knowledge to save your portfolio. As for me, I choose Public Gold to buy and sell my gold. You want to know why? Contact us A.S.K. Profit Minds at 019-9830250 or 013-2352426
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