It’s All About the Dollar | The Gold Forecast

It’s All About the Dollar

August 21, 2018 - 5:30pm

 by Gary Wagner

Gary S. Wagner - Executive Producer

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Gold Forecast: Proper Action
This morning we sent out a TRADE ALERT to BUY December gold @ the market
Maintain LONG december gold at $1199.50 Maintain Stop @ 1177.13
Yesterday we pulled profits on our short gold trade. We were short  December gold @ $1217.60, we got out @ $1195.13 for a profit of  $22.47 or $2247.00 per comex contract
Gold Market Forecast

 With the strong recovery over the last two days of last week we were looking to go long December Gold. We did just that this morning. Today's video will detail the entry, our stop placement, as well as our upside target, or exit strategy.

Sentiment Indicator:
Gold -> Bullish
Silver -> Bullish
S&P 500 -> Bullish
Bitcoin -> Bearish