Video: What Happened to the Gold Market?

Jul 29, 2009: 12:47 PM CST

Adam Hewison released a new updated video to members on the recent downswing in gold entitled “What Happened to the Gold Market?!

(Image links to video)

In introducing the video, Adam writes, “I think it came as a big surprise to many traders that the gold market imploded on Tuesday pushing to its lowest levels in several days.

The downward spiral was enough to trigger a daily “Trade Triangle” which moved us into the neutral camp on this market. Exiting our long gold position based on our “Trade Triangle” signals produced a very small profit or in some cases of break even trade.

So the question is: Is the sharp downward move in gold over?

In my new video I answer that question and share with you some levels I think gold will go to on the downside. I also share with you that we could be setting up for it excellent buying opportunity, if and when our “Trade Triangles” are aligned”

Members of Market Club receive these updates the moment they are released, plus the ability to scan for new “Trade Triangle” monthly, weekly, or daily signals.

Thank you to Adam and staff for making these videos available to us.

Corey Rosenbloom, CMT

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