$PG - SAFE HAVEN -
Added 2024-10-07 14:52:46 +0000 UTCMost Safe Havens are taking a breather right now (apart from Silver and Gold)
$PG is a notoriously strong safe haven and ran aggressively since May when the market was showing some volatility
But the price action hit the First Target exactly and has started to pull back
We may see a retest of the Blue support line at $165, where we can see that the 200 Day MA is moving up to this level too
A hold at this confluence level and this is a great place to add or start a position as a safe haven to your portfolio before a move higher next.
Comments
on my watch list if it tests and holds to initiate a position
Daniel
2024-11-06 17:42:16 +0000 UTC
