<a href=”https://www.rickackerman.com/wp-content/uploads/2014/12/Subscribers-who-bought-gold-at-1185.jpg”><img class=”alignleft size-thumbnail wp-image-67033″ title=”Subscribers who bought gold at 1185″ src=”https://www.rickackerman.com/wp-content/uploads/2014/12/Subscribers-who-bought-gold-at-1185-122×67.jpg” alt=”” width=”122″ height=”67″ /></a>The trade proffered Monday night worked beautifully, triggering a long-entry signal at 1185.10 that could have produced a gain of as much as $2500 per contract. Check the chart that accompanied this trading ‘tout’ in the archive if you want to determine whether or not you could have caught the move. Some subscribers in the chat room reported getting long, but I’ve yet to hear from anyone who did so using the Comex futures contract. If you bought the Februarys based on my advice, you should be out of the 3/4 of the original position and swinging for the fences with what remains. I am carrying a position in the mini-futures myself from the 1140s, persuaded by my partner to hold onto them over New Year’s because of gold’s so-far favorable interaction with its 50-day moving average. Upside potential over the next 4-7 days is to the <span style=”color: #008000;”><strong>1268.00</strong></span> Hidden Pivot resistance shown. This would become an odds-on bet once the midpoint pivot at <span style=”color: #008000;”>1219.4o</span> has been decisively exceeded.
