Tag: Gold chart

GOLD ALERT: We are moving our gold stops up to $1,222.10 today basis spot gold. Spot gold is currently trading at $1,224.60. This will lock in a $12 profit on the earlier alert we showed you on this blog.

We have had a number of folks on our blog asking us about upside targets in the gold market.  Hopefully this short two minute video will answer those questions.

Our "Trade Triangle" technology flashed a buy signal on gold at $1,210.52 on August 12. Since that time the gold market has rallied some $15.

I think you'll find this video on one of the most emotional markets in the world to be right on the money.

Please feel free to add your insights on this market in the comments section

As always our videos are free to watch and there are no registration requirements.

All the best,
Adam Hewison
President of INO.com
Co-founder of MarketClub

It would appear that the euphoria over gold has quickly diminished and many of gold's greatest proponents, who were calling for gold to go over $2,000 an ounce, appear to be disheartened and shell-shocked by the recent sharp downturn in gold.

There's an old adage in trading and it goes like this, "they slide faster than they glide." This is true of all markets and what it means is they go down faster than they go up.

In my new video on gold, I share with you some of the thoughts I have right now on this market. We could be looking at some great buying opportunities if just a few components fall into place. Continue reading "Is it time to buy gold?" →

This market has surprised many people as they were expecting gold to continue up to the $2000 level without any problems. Normally when you have such the unanimous viewpoint, the markets tend to go the other way. The reason for this is that everyone who is bullish is normally long the market. The current breakdown in the yellow metal has not changed the overall longer-term bullish trend for this market.

The question is, how far will the gold move to the downside, and where is support? In this new video we point out some very positive signs as well as some troubling aspects that we see in this market.

This is a video I think you will get a lot out of and as always you are free to watch it without registration. I hope that you have the time to comment on our blog about this video and share your thoughts on the gold market.

All the best,
Adam Hewison
President of INO.com
Co-founder of MarketClub