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Short Term Trading Australia Day Weekend Lounge: 24 - 27 Jan, page-19

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25/01/20

16:42

Post #: 42573072
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Originally posted by Dscipline&Hrdwork: ↑

https://hotcopper.com.au/threads/short-term-trading-week-starting-20-jan.5180177/page-46?post_id=42522476

https://hotcopper.com.au/threads/short-term-trading-week-starting-20-jan.5180177/page-48?post_id=42522633

TLT and Gold looked good. They broke key levels.
BTC looked weak, under 200 MA. It failed.

Not saying BTC won't bounce from here. This just shows the importance of picking the stronger one despite the asset looking expensive.
I took TLT and GDXJ. Early days....

I think it's worth watching gold stocks. I hold GOR, SPX and AGG.
PAR extended for me. But I think it should push higher.

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There are a few others setting up as well. Worth watching the gold sector IMO.
4 Upvote

0 Great analysis

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