l6pEGD7r6D

Most interesting chart:

Orange line = Gold
Blue Curve = Gold/S&P 500

Previously the ratio crossed 50 days MA in Feb' 20 with Gold giving a breakout on the charts. The previous cross of 50 days MA didn't result in gold breaking out. pic.twitter.com/HRG1fvsILp
— The_Chartist \U0001f4c8 (@charts_zone) February 12, 2022

More from The_Chartist 📈

Steve Nison
@nison_steve

@SAnngeri Gujarat Gas - had this beautiful contraction till May 31st pump and thereafter the price moved up. Now, consolidating near 20EMA. Perfect for a low risk-entry set up with a strict SL.

Steve Nison
@nison_steve

Tata Elxsi - seems now also a good low-risk trade to me. However, as a cardinal rule would add on the breakout. For 20 MA followers, it is a good point to enter with a SL few percentages below MA.

$The_Chartist \U0001f4c8$

The_Chartist 📈...
@nison_steve

I have mentioned before too good material on RS

1. A Book written by Sir @Prashantshah267 as attached
2. Research paper by @MebFaber April 2010
3. A book written by Sir Robert A. Levy as attached
4. Webinar by Sir @premalparekh with @vivbajaj
5. Video by @jfahmy on YT https://t.co/xg4fe09ImL

Hi sir ..can u post some articles or write up on relative strength ,how to use same and what is the criteria .. kindly help
— Nanda (@vk_nandagopal) December 11, 2021

$The_Chartist \U0001f4c8$

The_Chartist 📈...
@charts_zone

Mahindra & Mahindra - updated chart

A bullish flag pattern right after the breakout. Although the broader rectangle target of 1190 is way more than this bullish flag target https://t.co/wdAzb7SS7L

Interesting chart of Mahindra & Mahindra consolidating in a rectangle pattern & the price not falling back to the lower support. pic.twitter.com/GJ7rCfkB9f
— The_Chartist \U0001f4c8 (@charts_zone) May 26, 2022

$The_Chartist \U0001f4c8$

The_Chartist 📈...
@charts_zone

Globus Spirits - pattern X target open is 680

Now, you can well recognize the pattern X after hundreds of tweets on this.

More from Gold

Kirtan A Shah
@KirtanShahCFP

Have been bullish on #gold since $1786, Gold at $1910 today.

#investing

On crossing $1786, #Gold is moving to $1850 pic.twitter.com/PzmIv34nuC
— Kirtan A Shah (@KirtanShahCFP) April 20, 2021

Vineet Patawari
@vineetpatawari

Better way to Invest in Gold -

The new Sovereign Gold Bond (SGB) issue opened today for subscription for 5 days from 17-21 May.

Thread on why consider SGB bonds vs physical gold this year-

1. Earn Interest:

Big Advantage - SGB offers 2.50% per annum interest. It will be credited to your bank account once every 6 months.

Physical gold sits ideal, gold bonds earn you money.

2. Safety:

Keeping gold safely is one of the major challenges that people have to face when buying gold.

However with SGB, gold is safe in a vault under Government surveillance.

Your bond can be kept in Demat format.

3. Purity:

Checking the purity while buying Physical Gold is a common problem but investing in SGB saves you from having to go through the trouble of checking purity as it is being issued by the Government and each unit you buy is backed by 99.9% pure 24-carat gold.

4. Collateral:

One of the lesser-known advantages of Sovereign Gold Bonds is that they can be hypothecated for taking loans which makes it equivalent if not better than buying physical gold.

$Alok Jain \u26a1$

Alok Jain ⚡
@WeekendInvestng

#Gold is the only internationally priced asset you can buy in INR without much transaction cost.

See it as also as a diversification and hedge for your INR assets.

Vinam Suri
@surivinam

90% of my savings were in equity, debt was never attractive! Last few months have taught me the imp of diversification!

Gold - through SGBs was my move on diversifying! Holder since Jan'20 - so far so good!

A🧵on talk given by @PositiveGamma on Investing in Gold!

(1/16)

Link to the here - https://t.co/NxEkVKZi2H
MMTC PAMP is where Krishna worked before Setu and he was also responsible for launching Digi Gold at PayTM!

1) Why Gold?
1.1 Diversification - Volatility & Returns not tied to market conditions - diff. from financial assets.

(2/16)

1.2 Safe Haven - High value asset, easy to transport! Large value - limited space. Liquid and easy to convert to cash across the world.

1.3 Hedge against inflation and currency depreciation! (Depreciation of Rupee is a major factor behind Gold returns in India)

(3/16)

1.4 Upside in Tail Risk - Confidence in currencies & financial systems is low, gold can see upside in scenarios like this!

1.5 Upside on Demand/Supply - Constant Demand - Supply is stable!

2) Gold - Indian Context - Better returns compared to other asset classes...

(4/16)

... specially in the last 2-3 years. Gold has done well both in low inflation & high inflation returns. So both real (ex. inflation) & nominal returns have been good!

3) How much to Allocate?
3.1 Diversification/Inflation Hedge - 10-20%
3.2 Tail Risk/Safe Haven - 5-20%

(5/16)