I've been looking at a gold play for awhile now. 
PHYS seems to track "real gold" better than $GLD. I just opened a new position as it both had broken the down trend line but I also wanted it to retake the 200 DMA. I've got a tight stop on this. You can see my entry and stop on the chart. I'm looking to gold / PHYS as a hedge on the inflation headlines. Ideas, not investing / trading advice.
PHYS seems to track "real gold" better than $GLD. I just opened a new position as it both had broken the down trend line but I also wanted it to retake the 200 DMA. I've got a tight stop on this. You can see my entry and stop on the chart. I'm looking to gold / PHYS as a hedge on the inflation headlines. Ideas, not investing / trading advice.
Ideas I publish are my own. They are not meant to be investment / trading advice. You are encouraged to do your own due diligence.
I may or may not take any trade published and I am under no obligation to post any action or update to any idea.
I may or may not take any trade published and I am under no obligation to post any action or update to any idea.
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.
Ideas I publish are my own. They are not meant to be investment / trading advice. You are encouraged to do your own due diligence.
I may or may not take any trade published and I am under no obligation to post any action or update to any idea.
I may or may not take any trade published and I am under no obligation to post any action or update to any idea.
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.