New Gold Video Analysis – Decoupling and Accelerating
Gold closed in on 1100 today, accelerating to the upside. This video takes a look at where gold has been, where a particular strategy would have provided entries and exits and of course where gold is expected to go. As always the video is informative and educational.
Keep in mind that for those who do not trade commodities, Gold can be traded in alternative ways such as through a Gold ETF like GLD. That means being informed about Gold can provide opportunities to all traders, and not just commodity traders. Stock traders can use the information to trade the Gold related ETFs (exchange traded funds), forex traders can use the data due to the relationship between Gold and the US dollar, and commodity traders can use it to trade the commodity itself. Here is the video:
Gold Separates and Accelerates
http://www.ino.com/info/474/CD3784/&dp=0&l=0&campaignid=3
Enjoy,
Cory Mitchell, CMT
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