Gold Outlook : Market Club 05/06/2009
Here is another Gold outlook by Market Club that was released today 05/06/2009. While I have been writing about trading Gold to the short side for several months, here is a different opinion and one that is inline with my price level to watch near $918-$920 for a possible move higher, getting out of a short position in DZZ.
The free video does not require any registration and includes chart analysis uding several time frames.
Today we're going to take a look at the gold market. While many traders have been frustrated with this market for the past several month, it has in fact performed quite well given the generally negative feeling for most markets.
While the printing press is going at full-tilt in the US and the fact that most people are not involved in the gold market at the present time, it occurs to us that this market could indeed be setting itself up for a nice rally.
In our new video, I explain in detail some key levels to watch for in the gold market. If these levels are broken then you definitely want to take a position in the direction of the major trend.
As always, this video is available with our compliments and there is no registration required.
All the best,