In the video below I'm going to look at the live spot gold price and the 'show me the money' resistance level.
If this 'show me the money' resistance level is broke, gold can go into a major bull rally.
For now, gold remains in a wide, 14 month trading range.
This week could be the most important week for gold in nearly a year and a half as gold is now within striking distance of this key resistance level.
In the video below, I am going to discuss the most likely scenarious that are going to play out with gold and this 14 month trading range.
If you are in gold or gold mining companies like Gold Corp (GG), Yamana Gold (AUY), Kinross Gold Corp (KGC), Eldorado Gold Corp (EGO), and Barrick Gold Corp (ABX), this is a video you don't want to miss.
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Stock Quotes
| NASDAQ | 2847.21 | |||||||
| S&P 500 | 1315.99 | |||||||
| ^RUT | 764.64 | |||||||
| TVIX | 8.72 | |||||||
| FCEL | 1.02 | |||||||
Stocks Above I Currently Hold In My Own Trading Account: TVIX, FCEL
Major U.S. Indices and
Guerilla Top Picks
Guerilla Top Picks
Guerilla Trader Quote
“All Warfare is about Deception. Hence, when able to attack, we must seem unable; when using our forces; we must seem inactive; when we are near, we must make the enemy believe we are far away; when far away, we must make him believe we are near.... If your opponent is choleric temper, seek to IRRITATE him. Pretend to be Weak, That he may grow ARROGANT.”
by Sun Tzu
“All Warfare is about Deception. Hence, when able to attack, we must seem unable; when using our forces; we must seem inactive; when we are near, we must make the enemy believe we are far away; when far away, we must make him believe we are near.... If your opponent is choleric temper, seek to IRRITATE him. Pretend to be Weak, That he may grow ARROGANT.”
by Sun Tzu
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