The levels marked in the chart are the 2 levels I'm interested in, to accumulate Gold as ETF units. At the current level, I'll be buying Goldbees for about 5% of my total capital.
I'll be buying 5% more, if the price crashes further and reach the second buying levels marked in the chart.
I'm considering gold as a hedge against my equity portfolio, if in case a meltdown happen across the broader equity market. I'm not in favour of the current valuation of US as well as Indian Market and hence a major crash is not going to surprise me in any manner.
The reason I'm interested in Silver is also due to this very same aspect.
I'll be buying 5% more, if the price crashes further and reach the second buying levels marked in the chart.
I'm considering gold as a hedge against my equity portfolio, if in case a meltdown happen across the broader equity market. I'm not in favour of the current valuation of US as well as Indian Market and hence a major crash is not going to surprise me in any manner.
The reason I'm interested in Silver is also due to this very same aspect.
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Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.