What happened to the Gold market?
I think it came as a big surprise to many traders that the gold market imploded on Tuesday pushing to its lowest levels in several days.
View the Gold Video Chart Here
The downward spiral was enough to trigger a daily “Trade Triangle” which moved us into the neutral camp on this market. Exiting our long gold position based on our “Trade Triangle” signals produced a very small profit or in some cases of break even trade.
So the question is: Is the sharp downward move in gold over?
In my new video I answer that question and share with you some levels I think gold will go to on the downside. I also share with you that we could be setting up for it excellent buying opportunity, if and when our “Trade Triangles” are aligned.
If you have a few minutes I strongly recommend that you take the time to watch this gold video.
Must See Gold Video
All the best,
Adam Hewison
President, INO.com
Co-Creator, MarketClub
Categorised as: Gold News