I’ll get right to the point: My very short-term models for gold and silver – the hourly and daily models – now show that the metals should soon begin a renewed rally that should carry them higher into next week, before giving way to a sharper correction back to the downside.
So without further delay, I recommend …
|
For ALL Members: 1. Using 3% of your trading funds, buy shares in VelocityShares 3x Long Gold ETN, symbol UGLD, at the market. Place a good-till-canceled protective sell stop at $10.43. 2. Using 3% of your trading funds, buy shares in VelocityShares 3x Long Silver ETN, symbol USLV, at the market. Place a good-till-canceled protective sell stop at $10.35. |
The strengthening U.S. economy on the one hand …
Coupled with the hostile political scene that is developing in the race for the White House, especially on the Republican side of the aisle where it is now virtually a civil war within the party …
Is soon going to lead to expanded volatility and trading opportunities.
Hold all other positions and stay tuned!
Best wishes, as always …
Larry
