Here is a sample of our trade signals for subscribers. This one was Posted March 7th 2017.
A Signal Trade update on GoldTrends.Net
With the NFP (Non Farm Payroll) report on Friday, and then the Fed Interest rate decision on March 15th, there's a lot of pressure on gold being exerted by the beliefs of Wall St and Main St.
Gold is in the process of testing the lower 2017 uptrend line which runs from 1206-1211 on the lower line. Gold is testing the January highs for the year as well. Thus the 1206-1222 area is important. It's the first area that could provide support. The other area of interest would be the 1172-1182 area where the 2013 low resides along with the END OF JANUARY LOW on the chart.
The Ideal time to buy still looks to be next week. More important is the fact that the cycle has inverted from blue cycle highs to red cycle high and we're heading to a blue cycle low. THIS IS WHAT WE WANT FOR A BULLISH ROTATION. That's what the odds favor is going to happen. Just remember there are odds, but NO absolutes in markets. Odds are our best chance to find a good trade. One that has the best chance of making (and not losing) money. If you trade, this is all you should be searching for. A couple good trades per month. This is where the cycles give us the best odds of catching a turn. The next turn is March 13th (plus or minus 72 hours). This is where odds are best for a turn. Not the absolute, but the odds. There are exceptions to this, but the cycle turns should be considered very important and one (as you can see by the chart) should be reluctant to trade against them. It's best when the market is in line with them.
Here are the current website orders. The closer we get to March 13th - 15th the more I will adjust accordingly.
A blue cycle low in gold would be bullish. That's the odds. It would favor a rally into April and then we'll see. The ideal time is March 13th (plus or minus 72 hours). That means the cycle window opens March 10th. That's less than 72 hours away. Just in time for the NFP report. Just keep in mind the cycle window will be open until the 16th and that means that the FED interest rates decision on March 15th is also in the cycle window. So this is not going to be an EASY picking.
The ideal price is going to be either 1182 (Plus or minus ten bucks) and/or 1200 (plus or minus 10 bucks). It doesn't mean it can't be a lower number, it just means the odds are the highest at these points.
GOLD CURRENT WEBSITE TRADE
Buy 1 Gold contract Spot 1183.80
Buy 1 Gold contract Spot 1173.80
YTD = Gain $ 59.50
SILVER CURRENT WEBSITE TRADE
Buy 1 silver contract Spot if and when gold hits 1173.80 spot
YTD = Gain $ 1.95
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The analyst intends to portray his thoughts and ideas on the subject which may be used as a tool for the reader. GoldTrends does not accept responsibility for being incorrect in its speculations on market trend or key turning points that it may discuss since they are at best a calculated analysis based on historical price observations. Do your own diligence. This is not a recommendation for you to buy or sell any commodity or stock. The analyst is merely listing one of the trades for his own account and what you do with that information is entirely up to you. The analyst lists his trades as soon as possible but due to his style there are times he has bought or sold a position based on the PATTERNS that have been presented at the moment. On those occasions, be aware that you will receive information of a buy or sell point that analyst has ALREADY TAKEN FOR HIS OWN ACCOUNT. While that is not the intention, we want to make sure you know that it does happen. We are not brokers---we are traders. We DO provide trade orders we have PLACED as soon as we decide, but due to style there will be times we have already entered or exited and we make you aware of that in each update.