September 6, 2016
Trades & Tutorials
By Geoff Bysshe
Last Friday GLD bounced of several major support levels including a recent swing low, a long term breakout level, the 100-day moving average, and a momentum level you’ll see in this video.
With 2 months of consolidation on the charts and a ‘live’ FOMC meeting coming up on September 21st, gold is likely to be a big mover this month. If its 2016 bull run is going to continue, the next big entry point may be near.
In this video you’ll see the key levels to watch in GLD, GDX (gold mining stocks) and SLV (Silver) so that you can get into a gold or gold related trade in the right direction and with low risk.