Commodities Trading | Gold – Our Big Short Trade of the Year

Recently, we have seen a lot of action on Gold, and I even talked about in my talk last Friday. For those lucky attendees, hopefully you still recall that I said to short once the key neckline was broken. As of Friday night, our Traders Network was a flurry of activity, with many people contributing their analysis. This enabled many new traders to profit handsomely from this move, including those lucky few who signed up for our mentoring program on the spot and joined the Traders Network forum that very Friday night.

A big thanks to all who contributed to this big trade, and we look forward to many more of such opportunities!

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About the author

Spencer is an avid globetrotter who has been trading, travelling & teaching across 50+ countries, making his first million at 28 and amassing over 300k followers worldwide. As a former professional in private equity and proprietary funds, he has over 10 years of market experience, and has been featured on more than 20 occasions in the media.

 

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  1. […] The first chart we see with the huge complex triangle at the top is the weekly chart of Gold, which we were calling for shorts a couple of months ago. http://synapsetrading.com/2013/04/gold-our-big-short-trade-of-the-year/ […]

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