Trading with the Gold London PM Fix
Gold London PM Fix – Metal Prices
Hello and welcome to TradingPlanets.com. This week’s video will cover Gold. Within this video we will go over our planetary precast signal in red and the 5 day moving average future price in black. We will be showing you when we bought and when we sold and our overall trade schedule for the year ahead.
By using TradingPlanets.com we can precast the price movement years in advance.
The planetary signals are precast into the future and are also backed up by historic signals. Using these signals, we can precast trades before the year begins. As an example using the Gold precast we can schedule buy and sell recommendations. We will document this in the next slide.
Using the precast signal we can see the future high and low points, which are in red on the graph as well as the dates.
In the beginning of July we looked at the Gold precast and decided to remain in cash until the mid-August top then go short. Then after the bottom in December we would cover and reverse the trade and go long until March.
On this slide, we have a short trade started on 8/28/2013. We see the price action in blue from 7/1/2013-9/16/2013
The next slide will show you the actual price of Gold in blue from 7/1/2013 until 11/13/2013.
This slide shows the Gold from 7/1/2013 -12/31/2013.
This slide shows the Gold price from 7/1/2013 -3/5/2014.
The short trade of 8/20/2012 until 1/3/2014 performance of the Gold trades was =+12.77%, the second trade performance was =+8.57% which we exited 2/26/2014.
The overall performance for Gold from the time of 8/20/2012 until 2/26/2014 was =-6.32%
We made approximately 22.43% trading Gold while buying and holding Gold the performance was =-6.32% from 8/20/2012-2/26/2014.
That will be all for this week’s video. Please keep yourself updated and watch the videos over the next few weeks…….