Gold Setup Showed $3900 in 1.5 Hours

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Gold Setup Showed $3900 in 1.5 Hours

Today, a gold setup showed $3900 in 1.5 hours. Following volume and price in the gold markets lead to a rule-based entry with confidence. I review how the expectation was known last week in a previous update.

Daily Charts…

First we review the GLD gold ETF and GDX gold miners ETF, showing the potential reversal signals were validated on the daily charts. The reversal signals at this point are more corrections, but in time, may become full reversals. Only time will tell.

The Strategy…

Based on these corrections, we began looking for intraday trades in the direction of the daily correction.

And today, we were not disappointed. The gold futures contract GC showed us a beautiful rule-based entry right at market open. The entry was lead by volume of course, and show visibly by Hawkeye Volume.

Using 5 contracts, the results were 3:1, 5:1, and 7:1 Reward:Risk levels showing $3900 in potential profits in only 1.5 hours. That’s enough to pay for your Hawkeye Professional Package plus some. Today, the gold setup showed $3900 in 1.5 hours… what will tomorrow bring?

Last chance to get a lifetime license…

Speaking of the Professional Package, our Lifetime Licenses are going away. After they are gone, we will only offer subscriptions. So for a very limited time, you can still lock in the lifetime license until we close the door forever.

Here is the link to learn more about our lifetime licenses, and your last chance to secure one before they go away: https://www.hawkeyetraders.com/traders-programs/

Click Here for the Free Book (The Lost Art of Volume Price Analysis)

Or for a Trial of the Hawkeye Trading Software

Join Randy in the next free LIVE Hawkeye Demonstration Room held every Wednesday at 9.30am EST US. You will learn more about volume and volume price analysis and see more examples and live trade setups. It is open to all.

Click this link for more information or to join us in class.

Learn to trade the Hawkeye way.