build a hedge portfolio -manappuram finance, gold etf, silver

disclaimer... not an investing/trading recommendation

Kommentera:

movement of this scrip is largely linked with gold..
it had formed the reaccumulation structure along with gold since 2017

Kommentera:

this can serve as a proxy for gold investing , although would generate an excellent alpha to the hedge portfolio ofcourse at the cost of a higher beta..

gold etfs like uti goldshare had been forming an excellent base since 2013, is a good option for investors, presently in phase d of reaccumulation and a back up test of the broken resistance is the last even in the wyckoff schematics, which likely would be followed..