pierreradjudin

pierreradjudin Updated 

trade is war, stay alive!

pierreradjudin

My prediction is that gold will still go down towards the psychological support level, good fundamental sentiment regarding the economy is likely to be detrimental to gold.

pierreradjudin

gold is still being fried to maintain the performance of world stock indices, rogue bookies manipulate gold price movements to erode retail traders' funds. be careful, don't buy gold when the world stock index is down.

pierreradjudin

I think the price of gold is still being manipulated in order to maintain the performance of the stock index. technically, the bullish trend is still strong, last Friday's downtrend was only as a profit taking action by speculators. Be careful, do not buy gold if the stock index goes down!

pierreradjudin

be careful, the price of gold is deceitful. Gold was deliberately raised to erode retail funds so that cunning people on the stock market can maintain the market's performance. don't be a victim! make dow jones a reference, don't buy gold when dow jones fall.

pierreradjudin

Bullish confirmation, use 5:10 ratio or use trailing stop with 30% of your portfolio, i think 2080 tonight.

pierreradjudin Updated 

The price of gold has hit an all-time high. The spot price of gold reached a record of $1,944.71 an ounce, well above its previous high in 2011. It later pulled back slightly. Gold traditionally surges in times of turmoil. In this case, the economic impact of the COVID-19 pandemic and US-China tensions are sending investors to this safe haven.

pierreradjudin Updated 

My personal estimate related to the movement of gold, gold will try to break the support of 1764, (if it fails) will try again resistance at 1770-1772, (if it fails) will try again to support 1759.