Largo
Gold zooming up
An exchange-traded fund (ETF) is a type of pooled investment security that operates much like a mutual fund.
Gold ETFs will track a particular commodity i.e. gold and Gold ETFs can be easily purchased or sold on a stock exchange the same way that a regular stock can.
HDFC Gold ETF created solid support around 42 levels, consolidated there for many weeks, and finally zoomed up and also decisively crossed the immediate resistance at 44-45 levels.
Now sustaining above 44 levels, chances are high, we may see a rally or a spike until 50-52 levels in this gold ETF in the coming months.
Not a recommendation to trade.
Gold ETFs will track a particular commodity i.e. gold and Gold ETFs can be easily purchased or sold on a stock exchange the same way that a regular stock can.
HDFC Gold ETF created solid support around 42 levels, consolidated there for many weeks, and finally zoomed up and also decisively crossed the immediate resistance at 44-45 levels.
Now sustaining above 44 levels, chances are high, we may see a rally or a spike until 50-52 levels in this gold ETF in the coming months.
Not a recommendation to trade.
Exención de responsabilidad
La información y las publicaciones no constituyen, ni deben considerarse como, asesoramiento o recomendaciones financieras, de inversión, de trading u otro tipo, proporcionadas o respaldadas por TradingView. Obtenga más información en Condiciones de uso.
Exención de responsabilidad
La información y las publicaciones no constituyen, ni deben considerarse como, asesoramiento o recomendaciones financieras, de inversión, de trading u otro tipo, proporcionadas o respaldadas por TradingView. Obtenga más información en Condiciones de uso.