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  • Gold Target for Week of October 26th

    Posted on October 25th, 2009 No comments

    Buy: $1049 | Stop: $1044 | Target: $1072 | Quick Target: $1065

    Gold is tightening up, which is a GREAT thing. It should eventually lead into a full break out but this week we might see some see-saw action between 1045 and 1070. I believe gold will make its run to $1100 sometime next week. At the very same time gold could make the approach to $1100 this week depending on what the currency decides to do. Watch the FX markets closely before making any rush decisions into gold. Happy trading!

  • Gold Target for Week of October 19th

    Posted on October 19th, 2009 No comments

    Buy: $1049 | Stop: $1043 | Target: $1082 | Quick Target: $1070

    Lately gold has been following technicals like a book. Near the end of last week we had the perfect pull back, down to $1043. This week I expect to make our run towards $1100, and if all goes well we should be able to make a new high at $1082. I’m 100% bull on gold right now and I’m extremely bear on the USD. Good luck trading this week!

  • Gold Target for Week of October 12th

    Posted on October 11th, 2009 No comments

    Happy Thanksgiving to all Canadians!

    Buy: $1039-40| Stop: $1030 | Target: $1060

    What a run! My report on October 5th was right on the money and hopefully everyone has cashed in! This week I’m looking for a pull back to the $1039 range, the sooner we can hit that target the sooner gold should take off. Right now gold is tied in with the dollar so everyone should keep their eyes on the USD. I’m looking for a pull back early in the week with a run up to $1060 later in the week. Good luck trading everyone!