Gold took off like a banshee on Donald Trump’s shoot-from-the-hip remark about the dollar being a little too high. As a result, June Gold’s longer-term charts look better than they’ve looked in a long while. Accordingly, I’ve shifted to a bullish ABC pattern of much larger degree than the one we’d used to stay long to a 1279.80 target. Gold investors looking for technically solid encouragement should check out my latest tout, since the new rally target is well above current levels.
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Tuesday, August 1, 2017
The consistent accuracy of Rick Ackerman’s forecasts is well known in the trading world, where his Hidden Pivot Method has achieved cult status. Rick’s proprietary trading/forecasting system is easy to learn, probably because he majored in English, not rocket science. Just one simple but powerful trick -- managing the risk of an ongoing trade with stop-losses based on ‘impulse legs’ – can be grasped in three minutes and put to profitable use immediately. Quite a few of his students will tell you that using ‘impulsive stops’ has paid for the course many times over.
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