Long Entries Do Not Get Much Better Than This.. Gold to 6k

Made this call a while back when the entry was about 0.00001% as good as this one. Had you entered, you'd likely be a pissed-off pig.

That is, until now.

Long gold for 6k+.

-GoldenPigPeg


GOLD
GLD
GDX

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Even if gold gets pushed down again on Monday, it will in the next few sessions, reverse violently higher.

It is not the best practice to average cost down like this, but it is the correct way to play it. If you are not invested beforehand, the initial move higher will be too fast to enter with any sort of comfort. There will be no pullback opportunities either until the high gets tested again.

The best trades feel uncomfortable and this one will do everything to shake weak hands. If you hold strong over next couple sessions, it will be worth the trouble.

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Fully in, lets ride

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FYI, GLD 181-185 calls for next friday are where im situated. Good luck.

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The probability that a tech stock selloff leads to Bitcoin safety flee: 0 percent.