Golden opportunity?

GazFx

Banned
Nov 13, 2012
478
73
74
62
Melbourne, Australia
www.youtube.com
Here's an extract from Kitco News, November 3, 2017:

Bill Baruch, president of Blue Line Futures, said that one of the reasons the gold market has been so quiet is because risk aversion sentiment and geopolitical uncertainty have fallen off the radar; however, he added that this could be the time to buy gold and expects to see investors buy on dips.

“You want to buy gold now because when volatility picks up and gold catches a bid, it will be too late. You will end up chasing the market,” he said.

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GazFx

Banned
Nov 13, 2012
478
73
74
62
Melbourne, Australia
www.youtube.com
This is why I am still bullish on gold. Price respects support, gold-oil ratio looks set to fall below the signal line, and I am just waiting for MRSI to cross above the 0.25 level to trigger my buy entry. Potential between an entry now and next resistance level is around $45 per oz.

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