This will be short and brief.  Here is a quick video (from Adam Hewison) which analyzes the current state of gold…

http://www.ino.com/info/589/CD3784/&dp=0&l=0&campaignid=3

Cheers,

Cory Mitchell, CMT

~Know your risks in trading.  See our Legal Disclaimer page.

Here are several videos on different topics, all are very timely and will teach  you about trading and possibly about a market you may not be familiar with.

How you SHOULD have traded Goldman (New Video):
http://www.ino.com/info/412/CD3784&dp=0&l=0&campaignid=3

Pre-earnings Apple Analysis (New Video):
http://www.ino.com/info/408/CD3784/&dp=0&l=0&campaignid=3

What’s the best strategy for USO? (New Video):
http://www.ino.com/info/409/CD3784/&dp=0&l=0&campaignid=3

The cyclic pattern of gold! (New Video)
http://www.ino.com/info/410/CD3784/&dp=0&l=0&campaignid=3

Check them all out when you have a few minutes.  The videos are totally free, and at the end you can choose to take part in a 30 day free trial of the amazing products and services offered by Ino (totally optional).

Enjoy.

Cory Mitchell, CMT
Chief Market Strategist

P.S.  Want more trading education?  Get 4 free trading seminars here:

http://www.ino.com/info/36/CD3784/&dp=0&l=0&campaignid=9

Be Sure to check them out as well!

This is another excellent video which talks about where gold is likely to go.  I said I was taking some time off, but this video is great so I thought I would post it for you.  You know I love charts patterns, and this video talks about a chart pattern within a  much larger move – powerful stuff and is what I discussed in my book (trading courses page).

Anyway, check it out, it is a great video.  INO produces great content.  Watch the video, check out what they offer after the video, and very likely your trading will improve.

http://www.ino.com/info/384/CD3784/&dp=0&l=0&campaignid=3

~Cory Mitchell, CMT
Chief Market Strategist
Remember, failed breakouts are tradeable too!

April 27 8:00 GMT

Since gold is at an interesting spot I have decided to post a trade idea for it, as even traders only with forex accounts can access gold trading through a CFD.

The following is a commodity market commentary based on technical analysis for the Gold.  It is based off of a daily chart. Trading ideas or trading signals can be generated based on your own risk tolerance and time frame. Please read the latest How to Use the Trade Ideas blog if you have questions.  If you still have questions after, feel free to comment.  This is trade is likely to be a week or longer in duration.

Gold is currently hitting resistance on a downward sloping trend line.  A break above this line (currently $920, remember this line is downward sloping over time) would indicate a profit target of $980 and if that is exceeded, $1020.

If the resistance level holds, look for a retreat to the downward sloping support line in the $840-$850 range.

Gold is currently trading at $914.18

~Cory Mitchell, CMT
Market Strategist

Remember, failed breakouts are tradeable too!
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