The 3 Reasons To Buy Gold

 These past few days have been very
stressful

And i recently got my hands on a weekly
time table

which i am trying my best to follow
so that i can study more about
the financial markets

And read more books
because next year i intend to go all in on
the Bitcoin market

Honestly i have no clue how i survived the
Bitcoin market crashes

Because for me
i view market crashes as

an opportunity to buy

The stock market is quiet
but the commodities markets
are on fire with

Gold XAUUSD about to gap
up in an uptrend

The Bitcoin BTCUSD mania has slowed down.
Because there was a flash crash

And many people lost money on their
options trading accounts

Because of lack of risk management

Gold is a great buy
at this position

because it follows the rocket booster strategy

So what is the rocket booster
strategy?

It has 3 steps:

• #1-The price has to be above the 50 EMA
  
• #2-The price has to be above the 200 EMA
  
• #3-The price has to gap up in an trend
  

If you want to buy bitcoin BTCUSD
go ahead because full disclosure
that the asset class i trade.

To learn more rocket boos this content

Disclaimer:
trading is risky please learn risk
management

and profit taking
strategies

and feel free to use
a simulation trading to practise
before you trade with real money

 

 

The 3 Reasons To Buy Gold by lubosi on TradingView.com

The #1 Reason Why Buying Gold Is Hard Right Now

 Buying gold is a bit of a challenge for me
because I am so used to buying bitcoin
But what i have noticed is that

When bitcoin goes up gold goes down
and vice versa..
so my idea of buying gold

Is to buy it at the same time as bitcoin
but account for the drawdown of about 5%
its not pretty but it will work in the long
run

Again am not a fun of trading gold GC1!
With margin

but its a good one to consider right
now that the market is quiet from good entries

and we are standing on the sidelines
during this crazy market mania.
Even though am thinking

You can still buy Bitcoin
but look at the stochastic RSI below

the chart you can see the moving
averages crossing.

The only challenge with trading
Gold and silver is the volatility is
crazy so if you dont mind the ride

Then you can take it
just remember to use the
stochastic rsi as your

guide to know whether the price is
cheap or not.

Personally, i have re-entered the
Bitcoin BTC1! price action,

It may crash next week

But at least your Bitcoin Buy
should sustain you with
some profit.

So for this one Buy Gold, silver and
Bitcoin

according to this chart Buy Gold
using the daily stochastic rsi chart after

the Bitcoin buy signal

Also, this price action follows
the rocket booster strategy

To learn more about this strategy
check out
the references below

Remember to rocket boost this
content to learn more

Disclaimer: Trading is risky
please learn risk management and profit-taking
strategies. Because you will

Lose money whether you like it
or not.

The #1 Reason Why Buying Gold Is Hard Right Now by lubosi on TradingView.com