The Gold Trade $GLD $GDX $SLV $NUGT by heyimsnuffles

met · @heyimsnuffles · Jan 10 '19

$8.16

The Gold Trade $GLD $GDX $SLV $NUGT

<center>https://mentormarket.io/heyimsnuffles/wp-content/uploads/sites/8/2019/01/23060DF3-785A-4729-8EAB-A84EC2DCED20.jpeg</center> <br/><h2>Gold has been absolutely DESTROYED over the past couple years, and quite frankly been a big, fat, waste of mental capital. Well the wind and times may be changing for the pet yellow rock. Take a look...</h2>
<h2><center><img class="aligncenter size-large wp-image-2801" src="https://mentormarket.io/heyimsnuffles/wp-content/uploads/sites/8/2019/01/23060DF3-785A-4729-8EAB-A84EC2DCED20-1024x484.jpeg" alt="" width="900" height="425" /></center><br/></h2>
<h2>I am taking a look at the GLD etf to make it easy and it is very liquid for any person who wants gold exposure (I personally advocate buying the physical metal). Notice how the monster rally took place while price was trading ABOVE the 200 weekly MA (blue line). Since the top we have been under this indicator for the majority of time and gone sideways. A COMPLETE WASTE OF TIME.</h2>
<h2>Now however, after much sideways consolidation (correcting through time), I see gold peaking its head once again above this indicator. The trade is simple, below we stay away, above we load the boat 🚣.</h2>
<h2>If the 200 weekly MA gets above  118-119 then we now have a true RISING moving average which hasn’t happened in a  long time.</h2>
<h2>Long the Yellow Rock!</h2>
&nbsp;

&nbsp;  

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<p style="text-align: center;"><em>Published by <a href="https://mentormarket.io/heyimsnuffles">Hey I'm Snuffles</a>
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@minnowbooster · Jan 10 '19

@minnowbooster upvoted this post!

![Calling @originalworks :)](https://upgoat.steemmall.com/?user=heyimsnuffles&receiver=heyimsnuffles&sender=minnowbooster&value=4.68&hash=443)
*<sub>img credz: pixabay.com</sub>*
*Nice, you got an awesome upgoat, thanks to @heyimsnuffles*
*BuildTeam wishes everyone a bullish new Year!*
*Want a boost? [Minnowbooster's](https://steemit.com/minnowbooster/@minnowbooster/minnowbooster-the-holiday-magic-is-back-for-2019) got your back!*

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@partiko · Jan 10 '19

Thank you so much for participating the Partiko Delegation Plan Round 1! We really appreciate your support! As part of the delegation benefits, we just gave you a 3.00% upvote! Together, let’s change the world!

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@steem-plus · Jan 10 '19

SteemPlus upvote

Hi, @heyimsnuffles!

You just got a **8.97%** upvote from SteemPlus!
To get higher upvotes, earn more SteemPlus Points (SPP). On your Steemit wallet, check your SPP balance and click on "How to earn SPP?" to find out all the ways to earn.
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@rollandthomas · Jan 10 '19

Agree, I think Gold is a long time investment for the next couple of years.

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@kywt · Jan 10 '19

No call out on silver?

properties (22)

@heyimsnuffles · Jan 10 '19

Not yet...usually silver leafs gold for the “big” moves. This is a longer term call on metals so yes Silver is involved and will likely outperform. 

Posted using [Partiko iOS](https://steemit.com/@partiko-ios)

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@kywt · Jan 10 '19

No call out on silver?

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@heyimsnuffles · Jan 10 '19

Not yet...usually silver leafs gold for the “big” moves. This is a longer term call on metals so yes Silver is involved and will likely outperform. 

Posted using [Partiko iOS](https://steemit.com/@partiko-ios)

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@steem-ua · Jan 12 '19

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