I'm very long GDXU here, gold++

Discussion in 'ETFs' started by KCalhoun, Sep 12, 2022.

  1. KCalhoun

    KCalhoun

    not a reco, but gold is bouncing, im in gdxu
     
    #1     Sep 12, 2022
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  2. SunTrader

    SunTrader

    GCZ22 looks like a false breakout.
     
    #2     Sep 12, 2022
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  3. mason macgregorson

    mason macgregorson

    This is you a just few month ago...
    upload_2022-9-12_18-12-45.png

    but then this:
    upload_2022-9-12_18-15-8.png

    nice to see you back
     
    #3     Sep 12, 2022
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  4. nitrene

    nitrene

    Maybe short term it will rise, but with higher dollar & rates it seems unlikely to maintain it. Silver was up like 5% a few days ago but it was probably shorts covering. SLV & GLD already down 4% since Monday's high.

    edit:

    I think the time to buy GLD is after the Fed signals rate hiked are over.
     
    #4     Sep 15, 2022
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