The Reason Why Gold Hasn’t Skyrocketed.(new video)
Source: http://club.ino.com:80/trading/2009/09/the-reason-why-gold-hasnt-skyrocketednew-video/Posted on Tuesday, September 22nd, 2009 | In Investing Lessons, Trading Lessons
The Reason Why Gold Hasn’t Skyrocketed.
With the printing presses in full printing mode, many people are questioning why gold prices haven’t gone higher – much higher.
In my new video, I explain some of the subtle market cycles that are at play right now in this market. These short-term cycles have been the dominant force in gold all year and appear to be still in control of price action.
I believe the longer-term upward trend in gold is very much intact; short-term we could see more of a trading range that has a downward bias. I think when you watch this video you will get a much better understanding about the rhythm of this market.
If I am correct, you will see some amazing opportunities that I believe will be presented to traders in Q4. In fact, if everything goes according to plan are we could all be looking at some very nice Christmas/holiday profits.
The video is easy to follow and I think you’ll learn a whole lot about cyclic price action in the gold market.
We do not require you to register to view this video.
Enjoy the video and please give us your feedback on this blog.
Adam Hewison
President, INO.com
Co-creator, MarketClub
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