Gold Trader - Trade 17

Gold Trader: Trade 17 closed on 1st October at $1,277 for a loss of -3.2%. Gold Trader has returned +6.3% in 2017 YTD, while Gold PowerTrader has returned +9.8% in 2017 YTD.

I entered Trade 17, a long position in gold, on 20th September at an average price of $1,319. Gold daily cycles typically run 22-29 days on average, so buying on day 30 was a relatively low risk trade. Of course, as luck would have it, the current cycle has stretched to quite an uncommon 41 days so far. I had to respect the market action and closed the trade for a loss this time. 

 
 

After 17 trades, Gold Trader has returned +10.5% and Gold PowerTrader has returned +4.7%.

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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.