Is It Too Late To Buy Gold?

Discussion in 'Commodities Forum' started by longtermbull, Nov 7, 2016.

  1. hniresearch

    hniresearch Member

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    According to my opinion, it is never too late to buy Gold. Investing in Gold is the right decision. It may be the case when you feel feared after analyzing the Gold market these days, but the prices of Gold falls down for a certain time period and again rises to high. This is why, it is great to make money by investing huge amount in Gold.
     
  2. Buyonthedips

    Buyonthedips Senior Investor

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    Surely the ongoing difficulties within the European political scene, i.e. Spain, Italy and the UK, should prompt a rise in the price of gold? If not, what will?
     
  3. mn_sho

    mn_sho Member

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    hello frnds, sharing update on xauusd, stuck between 1209 to 1190.......
     
  4. longtermbull

    longtermbull Administrator Staff Member

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  5. mn_sho

    mn_sho Member

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    hii, i think gold is bearish in long term only when it closes below 1150 otherwise bullish and the short term whipsaws donot tell long term trend and at current gold trading at 1198 so bullish buy on every pullback and short term bearishness will come after gold closes below 1186.
    this is only for educational purpose.........:)
     
  6. mn_sho

    mn_sho Member

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    hiii guys, as now xauusd breaks 1190 level clearly so any suggestions for downside targets ......?
     
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