Using the Euro to Trade Gold

Published on
April 16th, 2019
Duration
15 minutes

Using the Euro to Trade Gold

Trade Ideas ·
Featuring Brannigan Barrett

Published on: April 16th, 2019 • Duration: 15 minutes

Brannigan Barrett, CIO of Habitus Capital, makes his Real Vision debut with a bullish trade idea on gold. He suggests going long the yellow metal in euros, noting the deteriorating economic data in Europe. He also points out key levels for traders to watch for, and touches on risks to his trade, in this interview with Roger Hirst. Filmed on April 12, 2019 in London.

Comments

Transcript

  • ML
    M L.
    18 April 2019 @ 21:31
    €1400 by the end of the year would mean about 22% increase. I'd love to see that but I am skeptical. Still like the analysis. p.s. for anyone interested in Gold it is worth checking belangp: https://www.youtube.com/user/belangp/videos
  • JO
    Johnny O.
    18 April 2019 @ 15:50
    Technically, long Gold will make sense AFTER it has finished going downwards. Maybe it starts going up when equities make new highs and find there's nowhere further to go. The fact that EUR looks weak and USD strong doesn't make early long Gold more sensible. I agree US$1,220 to $1,240 looks like a good buy point.
  • SM
    Steven M.
    17 April 2019 @ 16:35
    Well thought out thesis. Would like to see more from Brannigan on RV.
  • RK
    Roger K.
    16 April 2019 @ 19:06
    Good! Roger asked all the necessary questions. Thanks.
  • JL
    J L.
    16 April 2019 @ 16:01
    love the broad trade but very late to the party, this is breaking down as they speak (in both euros and dollars), trade feels crowded and the pause is not that surprising, if you hate Europe just stay in dollars and try to pick up the gold between 1220-1240 just 2 cents