Tag: how to invest in gold

Each Week Longleaftrading.com will be providing us a chart of the week as analyzed by a member of their team. We hope that you enjoy and learn from this new feature.

Weekly Gold Report September 9th through September 13^th

While the week ahead is light on economic data in the United States, the most important news that will affect global markets will still come out of the United States. Traders around the globe will look to trade any news from the White House on whether or not the US will go through with a strike on Syria.

After watching President Obama stumble through the G20 Summit last week, it will be interesting to see if the staff that writes the Presidents speeches can be convincing enough this week as Obama will look for support in the US. So far it appears that his only true International support is out of France where Socialist, Hollande stands firmly behind anything Obama says. Within the US borders, it also seems the Presidents support is drying up day after day. Continue reading "Gold Chart of The Week" →

Each Week Longleaftrading.com will be providing us a chart of the week as analyzed by a member of their team. We hope that you enjoy and learn from this new feature.

Weekly Gold Report August 26^th through August 30^th

A late week recovery in equities was enough to keep markets guessing on a direction as we inch closer to the September 18^th FOMC announcement.

In the first half of last week’s trade, US equities were under pressure as traders booked gains on long positions in anticipation of a taper from the FED. But by late week, the “buy the dip” mentality that has supported equities for months returned and stopped the bleeding.

Until global markets are finally given the FED’s final decision on their Quantitative Easing plans, I believe traders should expect similar market behavior to what we saw last week. In light volume Summer markets, we should expect decent volatility on any news in the US, and abroad. Lighter volume markets give investors and traders the ability to create exaggerated swings in price with larger lot orders. Continue reading "Gold Chart of The Week" →