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Gold etf

Discussion in 'Technical Analysis' started by myidgmc, Nov 8, 2014.

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  1. myidgmc

    myidgmc Member

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    Hi Shabbir,

    planning to invest in Gold ETF's(Goldman Sachs) is this the right time?

    Currently Trading @2,347 for long term 3-5 years.


    Thanks,
    Ram
     
    myidgmc, Nov 8, 2014
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  2. shabbir

    shabbir Administrator Staff Member

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    Have you read my article of choosing ETF's

    http://shabbir.in/best-gold-etf/
     
    shabbir, Nov 10, 2014
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  3. myidgmc

    myidgmc Member

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    Thanks for sharing link.


    is this right time to invest in gold technically?if yes what price we can enter?

    Thanks,
    Ram
     
    myidgmc, Nov 11, 2014
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  4. shabbir

    shabbir Administrator Staff Member

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    I can always share that with you but then thats not the whole point of my eBook and forum. You should be able to tell those and I will be more than happy to correct you if there is a need.

    http://chartink.com/stocks/goldbees.html

    Look at the above chart and see what support you see for the gold etf?
     
    shabbir, Nov 11, 2014
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  5. myidgmc

    myidgmc Member

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    I have seen the Chart,i could see it is falling state and could not decide the support or resistance levels.So need your help in understanding regarding this.

    Thanks,
    Ram
     
    myidgmc, Nov 15, 2014
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  6. shabbir

    shabbir Administrator Staff Member

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    There isn't one at this moment and so it is good to be waiting and watching for investing in Gold.
     
    shabbir, Nov 15, 2014
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  7. Suresh_Sinha

    Suresh_Sinha Active Member

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    Whats your view on GOLD ETF now
     
    Suresh_Sinha, Nov 27, 2014
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  8. shabbir

    shabbir Administrator Staff Member

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    Going long is a good option in gold but then SL should be strict at 2400.
     
    shabbir, Nov 27, 2014
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