A golden opportunity? I should say so.
Let’s look at the technical side of things first……
buy_gold_as_an_investment
As far as a “technical set up”goes……it really doesn’t get much better than this. Gold and the entire complex has essentially broken out of the long-term downtrend of the past “years” ( yes I said years ) then pulled back in a “huuuuuuuuge” way – now sitting at the “perfect place” to consider this as an “investment”.
Don’t f^&k around here……these kinda things don’t come about every day of the week. You don’t have to rush into anything but if I was you….I’d be inching into gold and gold/silver miners here pronto ( if not already….as I have ) with consideration of a much longer term trade than I would normally consider.
My goal here is simple.
Take a fixed amount considered an “investment” – let’s say 25-30k and just start pounding away with small orders over the next couple of weeks. Find the trade at break even / somewhat in profit in coming weeks…..move stops to break even and don’t look at it again forever.
This is “investment talk” not trade so………don’t confuse the two.