Friday, February 6, 2015

Gold Trading Plan - when to buy in a volatile market.

Trading plan for Gold - plan the trade

Gold trading is one of the most volatile areas to invest.
Most people can only afford to play the ETF's or to buy physical.

You can check my report on the Outliers that effect this market on the Money Maker Edge™ blog.

Remember that Gold trading is very volatile and if you don't have experience trading it, it is better to stay out than to expose your money to these professionally traded markets.

This is the chart we posted on the move up.  With projections for the move back down off of resistance.

Gold moving to resistance.
Gold sells off from this position.

February 6, 2015 Gold price action.


we are watching gold to head to support.  The first area of support has been hit, and the green trading zone below will give us a classical Inverted head and shoulders in the market.

The Gold trading plan is to buy the dip in physical gold when we see the market weaken and sellers stop selling.

The Bear market is still in tact.

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