expired Posted by Deltabasangler • Last Wednesday
Apr 16, 2025 1:36 AM
Item 1 of 4
Item 1 of 4
expired Posted by Deltabasangler • Last Wednesday
Apr 16, 2025 1:36 AM
Costco - Gold Bars and Coin from $3279.99 to $10,699.99
Costco Wholesale
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Gold is severely overbought now. But the market can be irrational longer than I can be solvent.
If you're talking about technicals and price, spot and futures appear to be on a bull run and respecting two standard deviations on the daily, weekly and monthly. If you use TV, check out gold vs any equities index chart (XAUUSD/SPX, for example, to compare gold in USD vs the S&P500 then zoom out). At the end of the day, there's both a bull and bear case depending on timeframe.
Are you shorting with stops, playing spreads, buying/selling physical, or sitting on your hands and watching?
Good luck and wish you all the best whichever way you play it.