Professional Trader Nick Santiago believes that the recent gold bull trap means more downside before the moonshot. Nick shares his take on the markets and where he is finding the best trades. Nick shares his current take on the price action in gold, silver and miners. He reveals his best and worst trades of the past month and provides a traders perspective on some commodities. Nicholas Santiago started trading in 1991. In 1997, he became a licensed Series 7 and 63 registered representative. He successfully managed money for a large, affluent private client group. Nick is an expert in Technical Analysis. He is a highly regarded and accomplished technician in the studies of Elliot Wave, Gann Theory, Dow Theory and Cycle Theory. Nick now co-heads the education department at InTheMoneyStocks.com and enlightens thousands of members, along with providing consulting services to hedge funds and institutions.
Nick’s Twitter: https://twitter.com/NickSantiago01
Nick’s website: https://inthemoneystocks.com/
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#gold #goldprice #goldstocks
24 Comments
Nick is great!
Was waiting for this interview.
False breakout or not papertraders that followed the charts cashed in.
LMFAO. Been in mining stocks for over 25 years. Been hearing the same BS. Sometimes you catch lightning in a bottle, most of the time no.
These last few months all we heard was that a monthly close above $2000 was all we were waiting for. We got exactly that and now all of a sudden it's a bull trap? Pls don't make me laugh… Still waiting for that $1600 Nick… Let me make a prediction for a change: it won't come.
Nick is perhaps the best trader I have ever seen; his experience and honest opinion are valued! Blessings!
I just figured out yesterday that most rich crypto holders invest with professional crypto traders to learn new strategies and earn huge amount of money. How true is this
Nick is a legend. It's great you have him on. I hope he never retires.
Gold to 1600$ ? Give me a break it's not going under 1930
Great show. 😊
What about hus copper perdition,he said 3 dollar?he's one of those guys who's waiting for 12k butcoin
I dont think I've ever heard Nick give a bad trade 😂
I honestly think very few got caught in that spike. If you dont sell gold above 2k you are anoob
Oh that I was I waiting for this one. Always nice to have Nick on the show 👍👍
What a load of nonsense this is. You have no absolutely no idea what the price is going to do next.
Laughable this guy is sooooo full of ___ now he is predicting timing too. He must have a crystal ball, LOL I will stay clear away!
Gold has been up because of the fear trade and we (as mining investors) need it to be up because of the greed trade…
Nick needs to understand that guests who never have a bad trade, well you know.
This guy is so full of it, even the best traders have losing trades 45% of the time. I’d love to see his actual P/L
Idk, we’re up 400, 500%, idk. Complete BS. My BS detector is full signal here!
Sell Mortimer, sell sell sell !!!!!
Gold will go up the next month or two maybe to 2300 before the big market crash starts which will take Gold back down but I doubt his 1675 will be hit as there is very strong support around 1790-1810. That will be the lowest you will ever see gold again. That said it matters not if it did spike down to 1675 because it will rocket up afterwards.
Did not help retail much last Sunday night with gold up to 2150+, the action was all in Asia, US markets were closed. So even if you were in the miners anticipating a nice gain on Monday morning, by the time 930 rolled around, it was too late to do anything. He was right about that continuation move though. Went steadily lower all week.
Must be nice to never have a losing trade🤣