TRADING TIPS

Gold’s Next Targets

Hubert Senters here. Let’s do a little housekeeping so in one of the videos last weekend I asked you which one you would rather go long Paypal or SNPS? PYPL let’s take a look at that. There’s the first one and then here’s the second one SNPS. So 5 to 1 Paypal was all’s choice versus SNPS which is Synopsys. The reason I would say that’s correct, that would be my vote too is because the ADX is lower on SNPS. If you look at PYPL you can see that the ADX is higher which implies that it’s more trending and should do better for trend lines. So got another question let me grab the notepad. From Rauul: Hubert, sir, what is the next target for Gold? Let’s take a look at Gold. And I’m just going to give you the most intermediate target there Raul. What we’re going to do here is we’re going to take point one, point two. And then we’re going to take today’s low. Now, it will probably go even low or actually I got Gold up here instead of Paypal. I’m going to go from point one, point two and then that’s going to be point three. And that will give us a working area to deal with for this next week or so.  One, two and three. Next target will be $1,820, $1,835, $1860, $1,884 and then $1,900. We’ve began a flood of questions. I’ll work them through today or this week’s video session. If didn’t get it to you don’t take it personal just because I’ve got a lot of people asking questions in the queue. I’m going to be speaking at the Wealth365 event. It’s going to be taking place for me Thursday at 10AM EST. Go ahead and REGISTER and they’ll send you a list of all the speakers. First name, valid email, optional telephone number if you want them to text you before the speakers speak. Good luck. Hope it helps. See you on the next video. Hubert.

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