Gold Trader - Trade 16 closed on Tuesday evening at $1,340 for a gain of +6.3%. Gold Trader has returned +9.9% in 2017 YTD. Gold PowerTrader closed for a gain of +11.2% and has returned +17.5% in 2017 YTD.
Gold Trader caught a large part of the recent rally in precious metals and I expect as the bull market in gold returns, we will have many more of these kinds of profitable trades. I entered Trade 16, a long position in gold, on 26th July 2017 at $1,261, looking to capture gold's breakout and start of DC2. I outlined my thoughts on Gold in the August 2017 Investor Letter, summarised below:
Gold is stretched and overbought in the short-term and on Day 20 of DC2 so I am expecting a consolidation and/or brief correction shortly. Gold Trader will be looking for another long entry at the next daily cycle low to capture the beginning of DC3.
After 16 trades, Gold Trader has returned +14.1% and Gold PowerTrader has returned +11.8%.
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 firstname.lastname@example.org.