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Friday Gold & SP500 Market Meltdown Opportunity

Chris Vermeulen

Trader and newsletter writer specializing in the price of gold GLD ETF, Junior Mining and Energy Stocks listed in the US, Canada and Australia.

E-Mail: Chris@TheGoldAndOilGuy.com
Website: http://www.TheGoldAndOilGuy.com

 

 

Its been a great week for traders who have been watching gold and the indexed become more and more overbought on the intraday charts waiting to take advantage of the reversal which unfolded today.

I have been talking about this move for several weeks just waiting for the market to reach the tipping point and today was the first day of possibly a larger correction.

Below are two videos showing today’s price action. The first video is the calm before the storm…

The second video shows the calm after the first thunder head passed over the market.

Video #1 - Morning Gold & SP500 Intraday Analysis and Setups:
http://www.futurestradingsignals.com/trading-education/morning-low-risk-trade-setup/

Video #2 - Afternoon Trading Opportunity:
http://www.futurestradingsignals.com/trading-education/gold-and-es-mini-futures-day-trade/

Some words from the Chat Room for Today’s Trade:
Steve - One of the best of my life!!!
Airgar - Chris, I don't know exactly how you do it, but that was very impressive!
Russ - Vodka & coke tonight! Very Nice !:P

Gold & SP500 Trading Conclusion:


As you can see from the two videos above, there is big money in the market when a once uses a proven trading strategy along with strict risk and money management. Several traders pocketed a few thousand dollars today on this drop in both gold and SP500 showing how my hybrid of intraday and swing trading gets the best of both worlds in today market conditions.

If you are interested in becoming part of this exciting trading service which focuses on traders who want to become part of a tight community of like minded traders, learn from my daily videos, live chat room with only 5-7 trades per month on low risk yet high return trades then please checkout my service new service: www.FuturesTradingSignals.com

 


Chris Vermeulen

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Chris Vermeulen is Founder of the popular trading site TheGoldAndOilGuy.com. There he shares his highly successful, low-risk trading method. For 6 years Chris has been a leader in teaching others to skillfully trade in gold, oil, and silver in both bull and bear markets. Subscribers to his service depend on Chris' uniquely consistent investment opportunities that carry exceptionally low risk and high return.

Please visit my website for more information.

http://www.TheGoldAndOilGuy.com

This article is intended solely for information purposes. The opinions are those of the author only. Please conduct further research and consult your financial advisor before making any investment/trading decision. No responsibility can be accepted for losses that may result as a consequence of trading on the basis of this analysis.

Information, charts or examples contained in this lesson are for illustration and educational purposes only. It should not be considered as advice or a recommendation to buy or sell any security or financial instrument. We do not and cannot offer investment advice. For further information please read our disclaimer.
 




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