Housekeeping: As long as our Technical Podcast remains in Beta it will be accessible to premium subs. When Beta ends it will be available as standalone (fee and email separate) in the Active Traders tab per our arrangement with Michael. We will still quote Michael heavily in the Market Rundown. So, unless you are a day trading type, you won’t miss it. Founders will continue to get it.. But Founders rates will increase afterwards once it’s set up properly. 1
About Our Partner:
Moor Analytics produces technically based market analysis and actionable trading suggestions. Reports are sent to clients twice daily, pre-open and post close.
The rigor and methodology are the point for GoldFix subs. This is top shelf stuff even if you aren’t a subscriber to his work. It’s worth a listen if you are an active technical trader.
Go to MoorAnalytics.com for 2 weeks Gold, Oil, and Bitcoin reports free trial.
GOLD:
The teens are long gone and Gold has broken the $1800 gravitational pull. $1850 will start to exert some pull now, although it is far weaker than $1800. Right here we see no reason to not be biased long and that implies buying dips with stops below.
Again- we do hate being long as the allocation portion of buy-season ends (remember.. we irrationally fear rug pulls as Jan 6th approaches and avoid positions in the hopes we can rebuy lower) and will not do it. We prefer buying strength OFF of lows, not buying dips. But that is a style preference.