28 January: Gold Poised to Move Higher?
January 28, 2009 by Sam
Today is FOMC day, so as always, please excercise caution around the release at 14:15 EST! In this video update we discuss some possible trade idea scenarios and also follow up on the outlooks from yesterday’s video.
- Gold setting up to move higher, here’s a band of support to help you get long at the safest points.
- S&P 500 example of measured moves and how powerful they can be in extrapolating profit targets.
- Crude Oil head & shoulders pattern, another measured move and how to identify them as they are in play.
- S&P 500 follow up from yesterday’s suggestion that we’d be moving higher. ES currently trading at 860 as I write this.
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