C2Trends

Gold Loves Geopolitical Risk

Long
TVC:GOLD   CFD sur Or (US$/OZ)
Putin sent "peace-keeping" troops into Ukraine today after declaring Donetsk and Lugansk as independent. Watching for a move in gold above $1917 for the precious metal party to really get going on the heels of geopolitical risk. We also still have record inflation and monetary tightening by the Federal Reserve planned to start in March which could lead to risk-off in markets and should bode well for gold as investors seek safety.

Price trend and lower indicators for gold are all pointing to higher prices from here. Stay long, stay strong and keep stacking gold and silver .

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