Seeing that all markets are down and the fact transportation of Gold itself will seize due to Covid restraints. Hence me shorting the stock
2-3 years down the track i can see Gold making a rise again. So for now a re-accumulation phase must kick in.
I strongly believe that Crypto Assets will be the Hedge for the entire market during this time of uncertainty for many reason why Cypto has exploded.
Oil is another Asset in its similar Class, i believe that the bull run for Oil will remain on Top this year and sharing the spot with Crypto as i can see smart money moving between both assets.
I appreciate your feedback and comments.
Thank you and trade safe.
2-3 years down the track i can see Gold making a rise again. So for now a re-accumulation phase must kick in.
I strongly believe that Crypto Assets will be the Hedge for the entire market during this time of uncertainty for many reason why Cypto has exploded.
Oil is another Asset in its similar Class, i believe that the bull run for Oil will remain on Top this year and sharing the spot with Crypto as i can see smart money moving between both assets.
I appreciate your feedback and comments.
Thank you and trade safe.
Comment:
If this does not pint, then the entry will be the retest of the break
Comment:
i did say crypto will be hedge, but i was wong. it will be the entire Energy sector people will pour $$ into. trade well and short the entire crypto market
Comment:
15 or 14 area i'll take profits