Lets talk about Gold. On the graph we can see Gold is very close to the 200SMA chances are this is a good time to buy into Gold for the long term. The 200 day moving average often provides a good idea of when to buy into a stock/commodity when you believe in the underlying fundamentals.
This is potentially not a bad time to buy into gold stocks. I'm personally thinking of adding to my gold positions GOLDNEM here.
What do you think will do in the current climate and why ?
Thank you for your time.
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