If you've been watching my videos, today's dramatic drop was no surprise. On June 12th, I made a rather prophetic blog posting, "The Next $100 Move In Gold". I published a video indicating that the next major move in gold would be to the downside. Not only did the Trade Triangles indicate lower gold prices were ahead, I also gave downside predictions. These predictions and target zones are all spelled out in this must watch 8 day old video!
The video runs just under 4 minutes and contains a lifetime of trading education.
You can watch the video here
Enjoy the video, and every success.
Short-term traders exited long position on a RED Daily “Trade Triangle” @ $1,496.00 this evening and remain neutral for now. This short-term trade produced a Profit of $20.37 an ounce.
Intermediate and long-term traders hold long positions.
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From the digital studios of MarketClub
Here is a simple question for you: which would you rather buy right now, gold or silver?
Gold has incredible amounts of emotional baggage attached to it, while silver is in a different league - at least for the moment. This video will show you two indicators that can help you capture either market when and if the upward trend decides to resume.
With all of the world's troubles, there are plenty of reasons why one would think that both of these markets should be much higher. The question is, why aren't they? I think that the video you're about to watch will help answer some of those questions. Continue reading "Which would you rather buy right now, gold or silver?"