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/biz/ - Business & Finance


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54472295 No.54472295 [Reply] [Original]

It is way too overbought
Keep enough margin incase it scam pumps to ~2075 (huge resistance)

>> No.54472334

>>54472295
Gold is going up less in inflation than fiat dollars and other countries are in talks of returning to a gold standard to fight inflation.

Paper trading has neutered the real price action of tangible gold so people don't cash out on their fiat. Ain't no way I'm better against one of the only real historic stores of value in a time of economic turmoil.

>> No.54472363

>>54472334
Short term scalp until it retraces.
Not gonna be shorting it longer than a week or two.

No one is retarded enough to bet against gold in the long term.