Commentaries

Market Says Be Patient With Entry Points For Gold

We own gold, like gold, and plan to buy more gold, but the market is telling us to be patient for a while longer in terms of looking for a good risk-reward entry point for GLD (gold ETF). Numerous short-term indicators are still flashing some “be careful” signals.

Gold Risk Reward Analysis 1 of 2

These charts are as of November 23rd at 2:05 p.m. EST (USA).

Gold Risk Reward Analysis 2 of 2

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