Tag: how to trade gold

Who Killed the Gold Price?

Posted on by admin

The Gold Report: On April 15, the gold price plunged about 9%the biggest one-day loss ever for the yellow metal. Many gold investors got "murdered" that day. Has your personal investigation revealed any suspects?

Ian Gordon: I suspect it was akin to what happened in 1999. The then-governor of the Bank of England, Edward George, supposedly said that "any further rise in the gold price would take down one or more trading houses." He said the rising price of gold was curtailed through the work of the Federal Reserve and the Bank of England. It appears that a bullion bank was caught offside on the short side and they had to take the price of gold down quite dramatically to allow it to cover.

I think something similar happened in April. I think it was manipulated to the downside. Goldman, Sachs Co. encouraged its clients to short sell gold two days before this occurred.

TGR: Could it have just been an error?

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Stunning Chart Shows Gold and Silver Defy Bulls' Optimism

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By Elliott Wave International

Gold and silver have been all over the financial news.

On Thursday, June 20, silver fell below $20 (-60% from 2011 high), and gold fell below $1300 (-30% from 2011 high).

We first published the chart below after metals plunged in mid-April. It shows EWI's forecasts not only leading up to those big moves ... but during the past three years of opportunity.

Continue reading "Stunning Chart Shows Gold and Silver Defy Bulls' Optimism" →

Gold Chart of The Week

Posted on by The INO.com Team

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 (June 24th through June 28th)

Selling pressure carries over from last week to begin the last five trading days of June. If the FOMC statement weren’t enough for market bears, China added fuel to the fire with alarming overnight news from their banking sector. With a busy week ahead of economic data, coupled with a daily dose of speeches from US FED members, we should have enough news to give the markets some nice volatility to trade. Continue reading "Gold Chart of The Week" →

The Next $100 Move In Gold

Posted on by The INO.com Team

In today's short educational trading video, I'm going to share with you several technical setups I see in the gold market. Plus, I want to share with you a very simple and successful way to trade this market.

No matter what you think of gold, bull or bear, you will find this video interesting and informative and some might even say, disruptive. I will be analyzing both the macro and micro picture for gold and explain where I see it headed in the next three to six months.

Take a few minutes of your time to learn about two techniques that could really change the way you look at any market.

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So what are you waiting for? Let's get started right away!

Enjoy the video, and every success in your own trading.

Adam Hewison
President, INO.com
Co-Creator, MarketClub

Gold Chart of The Week

Posted on by The INO.com Team

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 (June 10th through June 14th)

Last week provided some decent volatility in major markets across the board. Currencies were on the front burner after Europe kept rates unchanged at the ECB monthly policy meeting, and the United States Non Farm Payrolls closed out the week with somewhat of a lame number. While more jobs were created than expected, the unemployment rate did rise by a tenth of a percent.

To close out the trifecta of news from the most important Central banks in the world, we will have to wait until Tuesday to hear from the Bank of Japan who is scheduled for their monthly report, which is expected to provide very little unexpected news. Later in the week, the United States reports Retail Sales and weekly jobless claims followed by PPI and Consumer Confidence on Friday.

I do not expect any fireworks this week unless the BOJ surprises the market with news tomorrow that ignites a directional play in the Yen. If anything is revealed that suggests a slowdown in the BOJ’s Quantitative Easing Program, we may actually see the US Stock Indexes finish lower on a Tuesday for the first time in 22 weeks. If the BOJ maintains their stance on easing and continues to force the Yen lower, we can expect another higher close for the US indexes, just like the prior 21 Tuesdays. Continue reading "Gold Chart of The Week" →