Gold Trader - Trade 8

Trade 8 closed on Thursday at $1,331 for a loss of -0.4%. A low-risk opportunity presented on Thursday morning to potentially capture the start of gold's third daily cycle (DC3). The risk-reward set-up was compelling. I entered a long position at $1,338 with a stop below the recent low at $1,331, risking 0.4% with an opportunity to capture a 5% rally over the next 10-15 trading days. Unfortunately the stop was triggered but the loss was fractional.

After 8 trades, Gold Trader has returned +7.4% and Gold PowerTrader has returned +0.6%.

 
 

For more information on this exciting new strategy for Secure Investments, or to open an account, please contact Brian Delaney at 086 821 5911 or brian@secureinvestments.ie.