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Time Trader Insights

Exclusive insights into the current trends in financial markets.

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GOLD STOCKS - LOCK IN 101.6% PROFIT

In my Gold Price Outlook for 2016, with gold still trading below $1,200/oz I declared that the bear market in gold was over and higher prices would follow throughout the duration of 2016.  

Since then, gold has rallied over $170/oz (more than 14%), and my bold call that gold would reach $1,420/oz by the end of 2016 suddenly isn't looking so bold anymore.

Armed with the knowledge that the TIME CYCLES were indicating higher gold prices in 2016, I am now sitting on a gain of 101.6% on Australia's largest listed gold stock (see chart below).

So if you want to know where gold prices are headed next, please read on...

NCM daily chart - 5 Aug 2016

click to enlarge chart

Clients of mine with a copy of Trading with the Time Factor - volumes 1 & 2 were given priority access to my 2016 Gold Outlook Report at the beginning of March this year. You can purchase a copy of that report now at a 90% discount by clicking here.  

The timing of my report wasn't a coincidence, as the TIME FACTOR was indicating that gold prices were ready to break out in early March, and that is exactly what they did.  Clients who purchased a copy should have been able to ride gold prices higher and take advantage of the +100% rally that has since followed in global gold stocks.

I had in fact identified the 15 Dec 2015 low at $1,054 well in advance, and I even give a detailed breakdown as to why $1,054 had been identified precisely as a buying level in gold in my Special Edition Gold Report.

Special Edition Gold Report - cover

The date of 15 Jan 2016 had also been earmarked as a TIME to buy, and this is what prompted my long positions in Newcrest Mining at $12.74 per share.  The stock closed on Friday at $25.79 - a gain of 101.6%.

Gold is one of the markets which works incredibly well to WD Gann technique, and the trading to Time method I teach in volume 2 of Trading with the Time Factor.

You can learn more about this by clicking here or emailing me at This email address is being protected from spambots. You need JavaScript enabled to view it. for more information.

 

Until next time...

WD Gann's US Equity Road Map for 2016
US Equities - the Road Map for 2016
 

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Sunday, 23 February 2020

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