TRADING TIPS

Is Gold a Good Buy Here?

Hubert Senters here. Let’s take a look at Gold. Had a question from a viewer earlier today. What do you think about long on Gold? I don’t love it. It is below the cloud. It is below the turning line. It could bounce up to $1739 and even $1774 nad maybe even $1800 or $1850. I don’t think it’s going to back above the cloud. I think you should. You might want to look at something other than Gold. I wouldn’t look at Silver either. You might want to look at Copper. That thing has been rallying like crazy. And it’s above the cloud and consolidating so might be a better pick. Or you could try some platinum. It’s not as bad as Gold right now. The one other commodity that looks really good is a little Crude Oil. It’s mildly pulling back. It will probably go to $70 over the next few days to a couple of weeks. And then after that it will start its march up here to the dreaded triple digits for Crude Oil. Johnny aussie is doing a special webinar on How to Predict Explosive Moves by Following Insiders! Tuesday, March 9th at 8:15 PM EST. You know how webinar registration form works so I don’t need to tell you. I’m going to LINK to that page. Good luck. Hope it helps. See you on the next video. Hubert.

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