Upfront, I will disclose that I am a technician first and fundamentalist second. I live and die by the saying “Trade what you see, not what you think.” Therefore, all the analysis I am about to lye in front of you is the technical case to buy gold trading instruments.
Lets begin and jump right in!
A mistake many investors make when using technical analysis is not to use monthly and weekly time frames to analyze an instrument. More importantly, if they did, they might not have the right “maps” to correctly find, review and decide if the instrument they are studying stock has the characteristics of a “Super Performance” instrument. Lets take a look at how we can identify good momentum plays and use one of our top ideas in the Precious Metals arena, specifically, GOLD!