Trading Chit-Chat:
Today in the group, my mates said gold and oil are bullish for sure.
What they mean is that everything else is kinda off.
In reality, they’re saying gold and oil have been raking in gains lately.
Oil was openly shorted at 95 at the start of the month.
Gold at 4080 got the whole net buzzing to go long.
These two waves were really powered by Trump, for real.
From a trading standpoint:
Gold and oil are pretty straightforward; their volatility is real, it’s either up or down without the fluff.
Unlike Bitcoin, which can be all over the place.
They’re very direct macro assets.
Overall, they’re quite good for swing trading.
$XAU $CL
Today in the group, my mates said gold and oil are bullish for sure.
What they mean is that everything else is kinda off.
In reality, they’re saying gold and oil have been raking in gains lately.
Oil was openly shorted at 95 at the start of the month.
Gold at 4080 got the whole net buzzing to go long.
These two waves were really powered by Trump, for real.
From a trading standpoint:
Gold and oil are pretty straightforward; their volatility is real, it’s either up or down without the fluff.
Unlike Bitcoin, which can be all over the place.
They’re very direct macro assets.
Overall, they’re quite good for swing trading.
$XAU $CL