A Tale of Two Countries | The Gold Forecast

A Tale of Two Countries

January 31, 2017 - 5:24pm

 by Gary Wagner

Gary S. Wagner - Executive Producer

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Gold Forecast: Proper Action

Yesterday we sent out a TRADE ALERT: 

Rally continues in gold, now trading above $1200(1200.6 Feb – 1203.30 April). Buy Gold @ Market (1203 April 17 -- Stop below 1180 low)

Maintain Current Long gold @ 1203

Maintain Current stop below 1180

Gold Market Forecast

Based upon recent market activity, gold prices found support at 1180 and began to trade higher from that price point.

Yesterday we witnessed gold prices breaking above a critical level of resistance, prompting us to issue a buy signal in gold.

Today's video report will detail our most current trade, our current stop placement, and most importantly our exit strategy with upside price target.

Trending Markets Forecast

Editor’s Note:  We have finished the streamlining and delivery of the trending markets module and have incorporated it into the daily and weekend Gold Forecast video's.

You will now see the additional markets commentary and the gold forecast all contained within a single report.

Sentiment Indicator: