When do we hear from all the GURUS who have been so strangely and eerily quiet???????
HUI and GOLD have crossed 200dma. Going to have GOLDEN CROSSES soon. Then everyone wakes up, rushes into the market, and drives prices higher and higher, while we early investors look on in wonderment. Hey, I like that story.
I love this price action. But hear me out – in the short term its starting to feel a little overdone.
I bought physical a few weeks ago at 1205ish/ 17.05ish which was coincidentally the recent low. For 3 weeks straight price has gone up almost every day. The RSI, bollinger bands are confirming. Im long term bullish and so happy the big long term triangle patterns broke to the upside.
I guess my point is that the short term risk reward seems about even at this point. But long term, BOOYAH
Lucky you. Short term bull cart full throttle. No corners ahead….. yet
test