Gold was very strong this week in response to the conflict in Israel and Gaza. This week, I analyze the chart of Gold and give my prediction for its future direction. Then, analysis of the stock, commodity, currency and interest rate markets before I look at the day trade of the week on TANH.

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    10 Comments

    1. I love your videos and I’m studying the market since a year now. I just wonder if all this is really working. Which returns can I expect in a correct market in a year if I had your level ?

    2. You said you are bullish on Bitcoin short term and long term, would you say it’s a buy right now or wait for break through on ascending triangle?

    3. why don't you look at monthly for both SPY and GLD. You will clearly see, or should see… GLD is building a rising triangle. SPY is so overextended. Yes, short term we're ok. for a couple months I suspect. But to look at SPY after going vertical , forever… and seeing how GLD is setting up, I think it's clear to be cautious as a longterm investor. How much gas do we think is left in SPY's tank? Longterm momentum, bigger picture always points the direction of the markets. Unless GLD tanks, it's not looking good. I hope we have a winter rally, but skeptical..

    4. A good barometer folks to let you know if markets are making significant change is SWHC lol. Always comes active when SPY sells off and gld rallies..

    5. I rocked a few of the small caps this week using PBPs, its a little unnerving though when the fast movers get halted. Does that affect your decisions to trade when you see halts?

    6. You are a real hero brother. I subscribed and I plan to learn as much as I can from you.

      When I'm driving the Corvette, I will make sure to pay it forward.

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