Gold Making a Possible Bottom

12 apr 2016

I am seeing a similar pattern on silver as well. This is a Cup and Handle bottom, that was published by Market Wizard William O'Neil. It's a pattern I use because the price action makes good sense to me, even in markets other than stocks.
I will be looking for price to clear the previous high before entry, and then I will be watching 1300 before buying more.

21 apr 2016

Nota

Due to Gold prices trading below this years high, I have not traded Gold yet. However, check out my idea for ticker symbol NEM to see how we have profited from Gold over the past couple months.

21 apr 2016

Nota