Risk/Reward Ratio 4.5 !! - Opportunity to retest support range
Ever since the FOMC meetings were published, and the governor publicized his statement about the interest rate, hikes investors now are capable of having better future speculation of the market performance, when comparing the quarterly revenue generated by big blue chip companies.
Investors are reassessing the rewards ratio of having money at the bank, versus buying gold for the long-term versus investing in cheap undervalued stocks right now and having above 25% CAGR return on investment 6 to 7 years from now.
It’s something to think about.
Selling gold, beginning of next week makes sense because most major companies, individuals and loan owners seek to pay the loans and do some major investment decisions. Therefore, the demand on gold will go down. Furthermore, we’re looking at some indicators and take me to dances. We can see that gold what has the rejected from me EMA When we testing resistance and if it breaks the short term, bullish channel it can go back down to retest previous support 1945$.
This is not a financial support, but a personal opinion publicized. It’s something to think about when considering several economic reports that are being revealed to the public.
Investors are reassessing the rewards ratio of having money at the bank, versus buying gold for the long-term versus investing in cheap undervalued stocks right now and having above 25% CAGR return on investment 6 to 7 years from now.
It’s something to think about.
Selling gold, beginning of next week makes sense because most major companies, individuals and loan owners seek to pay the loans and do some major investment decisions. Therefore, the demand on gold will go down. Furthermore, we’re looking at some indicators and take me to dances. We can see that gold what has the rejected from me EMA When we testing resistance and if it breaks the short term, bullish channel it can go back down to retest previous support 1945$.
This is not a financial support, but a personal opinion publicized. It’s something to think about when considering several economic reports that are being revealed to the public.