{"id":120777,"date":"2018-02-02T10:55:11","date_gmt":"2018-02-02T15:55:11","guid":{"rendered":"http:\/\/countingpips.com\/?p=120777"},"modified":"2018-06-01T15:43:45","modified_gmt":"2018-06-01T15:43:45","slug":"gold-and-gold-miners-preparing-for-big-move","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex\/2018\/02\/gold-and-gold-miners-preparing-for-big-move\/","title":{"rendered":"Gold and Gold Miners preparing for Big Move"},"content":{"rendered":"<div id=\"inves-471146508\" class=\"inves-below-title-posts inves-entity-placement\"><div id =\"posts_date_custom\"><div align=\"left\">February 2, 2018<\/div><hr style=\"border: none; border-bottom: 3px solid black;\">\r\n<\/div><\/div><p><strong>By\u00a0Chris Vermeulen<\/strong><\/p>\n<p>Just a few days ago we alerted our members and followers to a massive setup in the Palladium market that had not been seen in years.\u00a0 This chart formation provides an incredible opportunity for a trader to take advantage of and profit from the expected price decline.\u00a0 We\u00a0<a href=\"https:\/\/www.thetechnicaltraders.com\/partners\/idevaffiliate.php?id=237&amp;url=http:\/\/www.thetechnicaltraders.com\/how-to-trade-the-gold-double-top\/\" target=\"_blank\" rel=\"noopener\">alerted our members and followers on January 24<sup>th<\/sup><\/a>\u00a0of this move.<\/p>\n<p>As of today, Palladium has rotated downward by over 9% from the recent highs and should continue to move lower as this multi-month rotation extends. Even though this initial move lower (-9%) reaches our initial predicted target levels, we still believe support won\u2019t be found till prices reach near the $1000 price level.\u00a0 If that support fails to hold, the price of Palladium could fall to the $900. This total move could be over -20% by the time this downward swing ends.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-25463\" src=\"http:\/\/www.thetechnicaltraders.com\/wp-content\/uploads\/2018\/02\/Chart_18-01-31_PA_D.png\" sizes=\"auto, (max-width: 700px) 100vw, 700px\" srcset=\"http:\/\/www.thetechnicaltraders.com\/wp-content\/uploads\/2018\/02\/Chart_18-01-31_PA_D.png 700w, http:\/\/www.thetechnicaltraders.com\/wp-content\/uploads\/2018\/02\/Chart_18-01-31_PA_D-300x200.png 300w\" alt=\"\" width=\"700\" height=\"466\" \/>As an additional bonus, the other metals and Miner ETFs are starting a move in correlation with this massive rotation in Palladium.\u00a0 The aggressive move in Palladium may become a catalyst for the other metals and miners to sell off further.<\/p>\n<p>We\u00a0<strong>warned weeks ago about this cycle top in gold\u00a0<\/strong>and how it should rotate lower and move to near $1300 before finding support.\u00a0 This move has just started really and would equate to a -3.8~4.2% downward price correction.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-25462\" src=\"http:\/\/www.thetechnicaltraders.com\/wp-content\/uploads\/2018\/02\/Chart_18-01-31_GC_D.png\" sizes=\"auto, (max-width: 700px) 100vw, 700px\" srcset=\"http:\/\/www.thetechnicaltraders.com\/wp-content\/uploads\/2018\/02\/Chart_18-01-31_GC_D.png 700w, http:\/\/www.thetechnicaltraders.com\/wp-content\/uploads\/2018\/02\/Chart_18-01-31_GC_D-300x200.png 300w\" alt=\"\" width=\"700\" height=\"466\" \/>The ability to see these moves and act on them provides our members with the ability to take a single trading signal and deploy multiple successful trades from it.\u00a0 We got our member\u2019s long DUST near the very bottom of the market in anticipation of this move in the metals markets.\u00a0 Knowing that this move was set up and that it could be somewhat aggressive, we simply waited for the proper setup and trigger to alert our members.<\/p><div id=\"inves-1000057347\" class=\"inves-in-content inves-entity-placement\"><hr style=\"border: 1px solid #ddd;\">\r\n<div id=\"inpost_ads_header\">\r\n<p style=\"font-size:10px; float:left; color:#666;\">Free Reports:<\/p><\/div>\r\n<div id=\"inpost_ads\"> \r\n<p style=\"font-size:15px; float:left;\"><a href=\"https:\/\/goo.gl\/1ApBOV\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/investmacro.com\/wp-content\/uploads\/2018\/06\/graph_techs_PD.png\" align=\"left\" width=\"80\"  height=\"55\"\/><\/a>\r\n\t     <a href=\"https:\/\/goo.gl\/1ApBOV\"><b><u>Get Our Free Metatrader 4 Indicators<\/u><\/b><\/a> - Put Our Free MetaTrader 4 Custom Indicators on your charts when you join our Weekly Newsletter<\/p><br><br>\r\n<br>\r\n<br>\r\n<p style=\"font-size:15px; float:left;\"><a href=\"https:\/\/goo.gl\/f3RrHX\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/investmacro.com\/wp-content\/uploads\/2019\/01\/cot_pie_80.png\" align=\"left\" width=\"80\"  height=\"55\"\/><\/a>\r\n\t    <a href=\"https:\/\/goo.gl\/f3RrHX\"><b><u>Get our Weekly Commitment of Traders Reports<\/u><\/b><\/a> - See where the biggest traders (Hedge Funds and Commercial Hedgers) are positioned in the futures markets on a weekly basis.<\/p><br><br>\r\n<\/div>\r\n<hr style=\"border: 1px solid #ddd;\">\r\n<br><\/div>\n<p>The overall potential from our DUST trade remains substantial.\u00a0 Currently, we have\u00a0already locked in +11% for our members\u00a0and we believe the final move could be much larger.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-25461\" src=\"http:\/\/www.thetechnicaltraders.com\/wp-content\/uploads\/2018\/02\/Chart_18-01-31_DUST_D.png\" sizes=\"auto, (max-width: 700px) 100vw, 700px\" srcset=\"http:\/\/www.thetechnicaltraders.com\/wp-content\/uploads\/2018\/02\/Chart_18-01-31_DUST_D.png 700w, http:\/\/www.thetechnicaltraders.com\/wp-content\/uploads\/2018\/02\/Chart_18-01-31_DUST_D-300x200.png 300w\" alt=\"\" width=\"700\" height=\"466\" \/><\/p>\n<p>The reason we are alerting you, today, of the progress of our calls, is that the market conditions are changing, and these types of trade setups are going to happen every month and a lot of money can be made by taking advantage of them each month. Join our Wealth Building Newsletter at\u00a0<u><a href=\"https:\/\/www.thetechnicaltraders.com\/partners\/idevaffiliate.php?id=237&amp;url=http:\/\/www.thetechnicaltraders.com\/how-to-trade-the-gold-double-top\/\" target=\"_blank\" rel=\"noopener\">www.TheTechnicalTraders.com<\/a><\/u>\u00a0and let us boost your trading returns with our daily analysis video, market updates, and trade alerts.<\/p>\n<p>We just closed out\u00a0another winning trade\u00a0and members locked in a quick 9.1% profit with falling price of natural gas.<\/p>\n<p><span class=\"letter-spacing\">Our articles,\u00a0<strong>Technical Trading Mastery book<\/strong>, and\u00a0<strong>3 Hour Trading Video Course<\/strong>\u00a0are designed for both traders and investors to explore the tools and techniques that discretionary and algorithmic traders need to profit in today\u2019s competitive markets.\u00a0<\/span><span class=\"letter-spacing\">Created with the serious trader and investor in mind \u2013 whether beginner or professional \u2013 our approach will put you on the path to win. Understanding market structure, trend identification, cycle analysis, volatility, volume, when and when to trade, position management, and how to put it all together so that you have a winning edge.<\/span><\/p>\n<h3><strong><a href=\"https:\/\/www.thetechnicaltraders.com\/partners\/idevaffiliate.php?id=237&amp;url=http:\/\/www.thetechnicaltraders.com\/how-to-trade-the-gold-double-top\/\" target=\"_blank\" rel=\"noopener\">JOIN US TODAY AND BECOME A WINNING TECHNICAL TRADER \u2013 CLICK HERE<\/a><\/strong><\/h3>\n<p>Chris Vermeulen<br \/>\nFounder Technical Traders Ltd.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>By\u00a0Chris Vermeulen Just a few days ago we alerted our members and followers to a massive setup in the Palladium market that had not been seen in years.\u00a0 This chart formation provides an incredible opportunity for a trader to take advantage of and profit from the expected price decline.\u00a0 We\u00a0alerted our members and followers on [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-120777","post","type-post","status-publish","format-standard","hentry","no-post-thumbnail"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/120777","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/comments?post=120777"}],"version-history":[{"count":1,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/120777\/revisions"}],"predecessor-version":[{"id":120778,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/120777\/revisions\/120778"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/media?parent=120777"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/categories?post=120777"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/tags?post=120777"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}