Back in May 2021, I posted this chart SPX priced in Gold was hitting a potential area of reversal.
Fast forward to today and sure enough, it is rolling over after slightly breaking previous highs.
This chart gives us a good idea of how exposed to gold we should be. I have been asked on several
occasions about Gold. My reply has been the same when gold breaks out you won't need to ask me.
I hope my answer makes sense now. :) Investing in trading is not about guessing. It's about risk-reward.
Fast forward to today and sure enough, it is rolling over after slightly breaking previous highs.
This chart gives us a good idea of how exposed to gold we should be. I have been asked on several
occasions about Gold. My reply has been the same when gold breaks out you won't need to ask me.
I hope my answer makes sense now. :) Investing in trading is not about guessing. It's about risk-reward.
Real Macro Economic Investing
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