Today’s video looks at the US Spot Gold Elliott Wave count and the world’s largest gold stocks ABX Barrick Gold and NCM Newcrest Mining, plus taking a look how those patterns shape up in smaller Gold stocks such as NST Northern Star Resources and EVN Evolution Mining.
In a nutshell we see Gold’s trend moving higher and point out any weak spots in the trend where it can turn and look at trading set up opportunities that are the safest to enter.
Extending his passion overseas, Peter travelled to Britain where he studied both the UK and US markets. When Peter returned to Australia, he updated his qualifications and went on to write and deliver advanced trading workshops for global leaders in foreign exchange and derivative trading, including CMC Markets, City Index, Invast and others. As a well-seasoned trader, with an aptitude for investor education, Peter obtained the necessary licences to establish TradingLounge and offer education and trading support to traders and investors.
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Pete, your TRADING METHODS have been very useful for me and have resulted in some good profits since joining your service. I have applied them to both my Super Fund and CFD trades. Thanks again and regards, Richard M. VIC
Hi Peter, I have to say I am really happy with the practical and grounded accuracy of your updates. With the deluge of data and emotions in trading online it's nice to have the safe haven of your insightful daily updates! Regards. Rod M. NSW
Hi Peter, I have been a TradingLounge Member for only a short time, but I would like to say that I am very happy with what you are doing. A couple of Forex trades that I've done in the past few weeks have put me nicely in front. Thank you. Alan C. QLD
Hi Pete, I HAVE CHANGED from a person with very little experience or knowledge of the stock market a few months ago to pretty much being taught the essence of the market by a market guru (you). I call you Grand Master Pete. Lee M. WA
I will encourage my mate to become a member because it has helped me heaps, with all the educational help from Pete as well as the daily service and the seminar. It's all great, where do I stop? Great service at a great price! Thanks again Jason N. VIC