1/3/2012 Trade Alert


Trade Alert:

Buy signal

 


This is an update to the buy signal sent out this morning

At the end of last year we saw a potential ABC flat forming: see chart below:

  

   

It seems to have found support and is now moving higher.

  

 Nice bottom formed after major decline. We seem to have completed a Flat
ABC correction in gold (flat is when the low of C equal the low of A). 

 

This would complete a major 4 wave, and begin a major 5th wave up

This should have us enter a rally which is an impulse wave 1, the first of this MAJOR fifth wave

Gold:
Buy at market or look for dips Comex or Forex

Silver:
Buy at market or dips, should follow gold up

Happy New Year Rally

Gary

 

Stop must be below lows of C wave. 

 

 

Copyright (c) 2011 Wagner Financial Group 
 
Before deciding to participate in Gold or Silver investments, you should carefully  consider your investment objectives, level of experience and risk appetite. Most importantly with futures activity do not invest money you cannot afford to lose.There is considerable exposure to risk in any futures exchange transaction, including, but not limited to, leverage,and market volatility that may substantially affect the price of  gold and /or silver. Moreover, the leveraged nature of futures trading means that any market movement will have an equally proportional effect on your deposited funds. This may work against you as well as for you.