Gold(en) Opportunity
Public Service Announcement
Apologies for the clickiest of clickbait titles, but if you want to help people, you have to get their attention!!
If you have never bought gold or a gold miner! Just think about why you would do it now.
I have a sneaky feeling it is because the chart has done this.
Probably because the chart has done this, everyone is talking about. For the gold bugs that snuck in, remember when you laughed at the crypto bros for doing victory laps?
I posted in my subscriber channel that GLD had broken what I use to define “Trend”.
I was a true Financial Guru for 33 hours then it flew in my face!
Just like when I let people know about the USD. I looked like a loser for more than a week.
Look at us now…
This is a chart of GVZ which is the VIX for gold. Peaks in GLD normally come on a crescendo of call buying perpetuated by upside volatility.
I am not cherry picking those points on a chart they come from this below.
No, I am not cherry picking from here either.
Well, what magic is this?
I tracked momentum and then drew some arrows on a chart.
This shit gets people invited on podcasts I will have you know!
Anyway. The price might go up, but how much more up is left?
Why are you buying it now?
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