TRADING TIPS

Gold is Warming Up

Hubert Senters here. Got a question from James. I would like to see videos on gold silver and gold silver stocks and rare earth metals. Let’s take a look at some metals. Now, I do enjoy trading the metals markets. The one I like trading the best is gold. Gold is up $53 which is really a lot. I mean on a good day gold will trend like $20 to $24 points. Today, it’s up $53 points so it looks like it’s going to go into a buy slightly above the cloud. Right now, it’s in the cloud so I would stay away from it and wait for it either to break above or below the cloud. If you look at its sister silver. It’s doing the exact same thing. It isn’t quite out the cloud but it’s working that way. Then you’re looking at platinum here. This is just a straight up no trade. The ADX is too low. And then if you look at copper. Copper looks really good. Of all the three copper right now is the stablest one. But it’s trading sideways. So if you’re into trading metals I would probably right now focus on gold because after the election is official and name a winner the market should just continue to scream higher. And gold should be a default winner regardless of who wins. It’s going to like stability. So take a look at that. Mark Helweg is going to be having a special webinar ”The Simple Way to Trade These Complex Market Conditions” Friday, November 6th at noon East Coast Time. You can read what he’s going to talk about right here and REGISTER for the webinar. Good luck. Hope it helps. See you on the next video. Hubert.

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IMPORTANT NOTICE! No representation is being made that the use of this strategy or any system or trading methodology will generate profits. Past performance is not necessarily indicative of future results. There is substantial risk of loss associated with trading securities and options on equities. Only risk capital should be used to trade. Trading securities is not suitable for everyone. Disclaimer: Futures, Options, and Currency trading all have large potential rewards, but they also have large potential risk. You must be aware of the risks and be willing to accept them in order to invest in these markets. Don’t trade with money you can’t afford to lose. This website is neither a solicitation nor an offer to Buy/Sell futures, options, or currencies. No representation is being made that any account will or is likely to achieve profits or losses similar to those discussed on this web site. The past performance of any trading system or methodology is not necessarily indicative of future results.
CFTC RULE 4.41 – HYPOTHETICAL OR SIMULATED PERFORMANCE RESULTS HAVE CERTAIN LIMITATIONS. UNLIKE AN ACTUAL PERFORMANCE RECORD, SIMULATED RESULTS DO NOT REPRESENT ACTUAL TRADING. ALSO, SINCE THE TRADES HAVE NOT BEEN EXECUTED, THE RESULTS MAY HAVE UNDER-OR-OVER COMPENSATED FOR THE IMPACT, IF ANY, OF CERTAIN MARKET FACTORS, SUCH AS LACK OF LIQUIDITY. SIMULATED TRADING PROGRAMS IN GENERAL ARE ALSO SUBJECT TO THE FACT THAT THEY ARE DESIGNED WITH THE BENEFIT OF HINDSIGHT. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFIT OR LOSSES SIMILAR TO THOSE SHOWN.