Gold shows increased volatility (see ATR). However, I still believe it is worth to open a long position. Stochastic Oscillator just touched the over-sold limit and PMO is around zero (usually PMO fluctuates in the -2.5 and +2.5 range).
Geopolitical tensions are driving current price. However, they are just one of the factors that will move Gold in 2020.
Disclosure: My articles contain statements and projections based on assumptions on capital markets, and therefore inherently subject to numerous risks and uncertainties.
Before buying or selling any stock you should do your own research and reach your own conclusion or consult a financial advisor. Investing includes risks, including loss of principal.
I am not a financial advisor
Geopolitical tensions are driving current price. However, they are just one of the factors that will move Gold in 2020.
Disclosure: My articles contain statements and projections based on assumptions on capital markets, and therefore inherently subject to numerous risks and uncertainties.
Before buying or selling any stock you should do your own research and reach your own conclusion or consult a financial advisor. Investing includes risks, including loss of principal.
I am not a financial advisor
