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Gold, Silver, Natural Gas & Oil Technical Traders Ltd. Update

I hope everyone had a great weekend and is now ready for another week of trading. I have put together a few simple charts to show you what we could see with prices in the near term. While I do not predict future price movements (because it is impossible to always be correct), I do like to know what could happen and be ready to take action when something significant occurs.

The five charts below quickly summarize what I am seeing in the market currently.

Gold Stocks – HUI Monthly Chart

Gold stocks have been performing very well this year. As you can see from the chart stocks are getting squeezed into the apex, which generally creates explosive moves. We could be months away according to this chart so don’t get trigger happy just yet.

A breakout to the upside will most likely trigger a very large rally. But if prices break down then I expect to see gold stocks pull back to new yearly low.

Gold Bullion Market

Gold Bullion Market

GLD Gold ETF – Gold Bullion Prices – Daily Chart

Gold has been trying to move higher the past 4 weeks and is having a tough time. With any luck gold will bounce higher Tuesday or Wednesday starting a new rally higher. If prices do not hold, up I figure we will see a sharp price drop which could go all the way back down to the $800 level within a couple months. I am currently long gold and will continue to hold it until I see a technical breakdown on the chart.

GLD ETF Trading Signals

GLD ETF Trading Signals

SLV Silver ETF – Silver Bullion Prices – Daily Chart

Silver is in the same situation as gol. It’s pointing to higher prices but a breakdown will most likely trigger a sharp sell off. I currently own silver and will be looking to exit below the $14.00 level.

SLV Silver ETF Trading Signal Newsletter

SLV Silver ETF Trading Signal Newsletter

UNG Natural Gas fund – Natural Gas Prices – Daily Chart

Nat Gas looks to be breaking down once again on rising volume. We could see another waterfall type drop this week.

UNG Fund Trading Signals

UNG Fund Trading Signals

USO Crude Oil Fund – Crude Oil Prices – Daily Chart

Crude oil had a big pullback Friday which could make for a great short term intraday play on Monday. Sharp price drops like this will generally have bargain hunters (buyers) step in the following day to push the price higher. Also I pointed out that oil is trading at 4 different support levels. This could give prices an intraday pop or possibly start a new leg higher in the coming days.

I continue to wait for a low risk setup in oil, which is possible that we get a setup this week. Only time will tell but I will keep you posted.

USO Crude Oil Fund Trading Signals

USO Crude Oil Fund Trading Signals

Technical Traders Conclusion:

Gold stocks, gold bullion and silver are trading at support levels. The overall trend is up so there is more of a chance that we will see a bounce from here. But the market always throws in a curve ball so be prepared for locking in gains or cutting losses quickly if we see prices slide lower.

Natural Gas continues to have selling pressure and looks to be having a technical breakdown as of last Friday. This could be a nice play for those aggressive traders who want to take advantage of a 1-3 day breakdown in price.

Light Crude Oil is in a similar situation as gold and silver. Currently trading at support and could go either way, but the odds are in favor for a bounce.

I will update again on Wednesday night, if you would like to receive these quick technical trading reports to your inbox Free please visit my website: www.GoldAndOilGuy.com .

Chris Vermeulen

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Press Release, New World Order Economic Crisis Investing in 2009

PRESS RELEASE – FACT SHEET ON:

NEW WORLD ORDER ECONOMICS

WHAT YOU CAN DO TO PROTECT YOURSELF – Crisis Investing in 2009

Book Title: As above

Publisher: Taylor Forensics

Price: $ 24.95

Type of Book: eBook

Crisis Investing in 2009 Webpage and Provided by Chris Vermeulen – TheGoldAndOilGuy:

J.T. Grenough – New World Order Economics – Crisis Investing in 2009

Insert from Introduction:

INTRODUCTION FROM THE AUTHOR – Jerry Grenough

“There’s no shortcut to any destination worth going.” UNKNOWN

I wrote this book (New World Order Economics – What You Can Do To Protect Yourself) for a major demographic section of the country – investors who are concerned about their future and their holdings. At recent dinners (anniversaries and weddings I’ve attended) with large groups of people, the most talked-about topic is the economy and investments. Everyone is concerned without exception. This book is in-depth and leading edge material and a must-have for anyone with any size of portfolio.

I’ve seen a dearth of material on the market and very few people have a one-stop all-inclusive source of material on international, non-traditional investing that can protect them quite well from the current shock and awe of Wall Street. This book will be a must-have, a necessity – for economic survival as the next seven-nine years of this L-shaped credit bubble goes through stages until we reach the far side.

I thought of the title and just to see if it had been requested (via Google), I entered the first keywords of the title and found to my amazement 18,200,000 people who have entered these exact key words in a search. I’m not talking search results but the number of people who have searched with these words – New World Order Economics. If you enter New World Order Economic you have even a more amazing discovery – 28,700,000 people have searched using that nomenclature. That tells me there is an absolutely gigantic number of people out there who are looking for answers.

This book covers:

Ø Oil & Geopolitics

Ø Gold Shares Around The World

Ø Hard Currencies & International Currency Funds

Ø A Resource Chapter on Gold, Silver, Mining & Energy

Ø Offshore Real Estate Investing – Safe Havens

Ø Hedge and Short Fund Investing Strategies

Ø Gold Funds and Exchange Traded Funds

Ø Creative Non-Paradigm Planning

I have not found any other books that allow the investor to safely re-balance their portfolio from their home office, without leaving there. It is written as an eBook, for ease of search ability (just enter Ctrl F and you can find any search term or topic you want), and for ease of research ability – since investing is a continuous process this book has over seventy key links to major sites you will need from time to time for updates. It also is formatted to allow printing if you wish.

The target audience is American investors. However, the book may appeal to the British and European audience as well. The old axiom of “buy and hold” obviously just doesn’t cut it any more.

I’ve previously published a 90,000 word nonfiction book (copyright now owned by Thomson Reuters) I wrote for ‘scholarly’ purposes and not for royalties, designed for reading by corporate CEOs. I currently hold position at a large privately-held conglomerate dealing with Corporate Risks & Investment Risks in terms of corporate treasury holdings and various other areas. I was previously with First American as a Regional Audit Director under the recently passed Sarbanes Oxley legislation.

I am not an Investment Advisor and thus have no self-interests. I’m a writer and a researcher and that’s what you need right now.

Author: JT Grenough

Publication Date: March 2, 2009

Email contact: TaylorForensics@aol.com

Ordering Procedure: From the web page: Upon receipt of a check or money order for $ 12.95 accompanied by the email address of the individual, we email the PDF eBook the same week. The book is priced reasonably and delivery is in a streamlined format.

Author’s Bio:

JT Grenough has also written a book “Protecting Your Company Against Civil and Criminal Liability” and holds position as Assistant Director of Internal Audit for a privately-held conglomerate. He can be reached at TaylorForensics@aol.com.

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Free Weekend Trading Analysis for Gold & Oil

Rising Commodities, Falling Stocks & Risk Reward Ratio

Trading Risk/Reward

The past few months have been absolutely crazy in the financial markets. Financial advisors and banks are taking a beating from both the market condition and clients as individuals around the world are losing 30+ of their investments. We have seen oil prices drop over $110 per barrel from the high (73% decline), and the US dollar tumbled down to 71 and rebounded to 88 (23% gain) all in the mater of months.

Risk Management is what is needed if we want to stay in the game over the long term. Follow strict risk/reward rules is a must so that we don’t not get caught chasing stocks and funds only to have them turn around on us a few days later.

Focusing on keeping risk low for potential trades is crucial for turning a profit over the long run. In short I look for a basket of indicators including candle patterns and volume to be in favor when buying or selling a stock or fund. When a fund generates a buy signal I wait for a low risk entry point near my support or resistance level depending if I am looking to go long or short. I need to see a perfect setup so that the odds are favoring my side. Only then will I take a stab at the market. The biggest issue with this is that I do miss a lot of good trades, but the key here is that most of my trades are profitable and that is what makes it so powerful. I would rather make 20 trades a year, than 150 trades and make the same profits.

This Weeks Analysis on Gold

Gold continued its push higher last week getting a lot of investors and traders all excited. The daily chart does look strong and it is currently on a buy signal. But buying at this level is much too high of a risk.  The price of gold is trading at the top of its 4 month trading range which previously led to a 20% selloff in bullion. Our support trend line is 10% away from the price of gold making it out of reach still. I trade reversals when risk is only 3% from my stop/support price.

Daily Gold GLD Chart


Gold Stocks

Gold stocks have been struggling to move higher and last Friday gold made a nice move higher while gold stocks sold down. My last article talked about how trading gold (GLD) may be a better investment then gold stocks right now simply because of the bearish broad market. The broad market looks like it’s about to make another leg lower and when the broad market sells off, it pulls all stocks with it. The daily chart of the HUI Gold Bugs Index shows precious metal stocks moving sideways while gold pushed higher. When gold stocks start to underperform the price of gold I tighten my stops and mentally prepare myself for gold to pull back. The smart money always seems to move in and out of stocks faster than the commodity which is a topic I mentioned in a previous report as well.

Gold Bugs Index Daily Chart

 

Crude Oil Analysis

Crude Oil has been under continuous selling pressure for the past 7 months and this is the first buy signal I have had for it since it topped back in July 2008. The weekly chart is very close to a buy signal. If you look at the weekly chart of USO crude oil fund you will see that volume has shot through the roof which generally indicates a turning point. Also the MACD indicator is about to cross which will put this fund on a buy signal if things go well all of next week. The support trend line is trending up slightly and the down trend line is holding the price inside a small triangle. If the price breaks out and all my indicators are putting the odds in favor of a long trade, then we will be looking for a buy point on the weekly chart in the next few weeks. The weekly trading signals are good for intermediate and long term traders.  

Crude Oil (USO) Weekly Trading Chart

Conclusion:

The broad markets continued to move lower last week as it remains in a long term bear market. For those looking to take advantage of gold, silver and oil movements I recommend sticking with the commodity funds as they can increase in value while the broad market is selling off. The daily chart of the hui gold bugs index shows this clearly as gold stocks in general are underperforming the price of gold right now. There is an opportunity for oil to make a move higher if things come together in the next couple of weeks but until then we will be patient and let the trade come to us.

If you have any questions please feel free to send me an email. My passion is to help others and for us all to make money together with little down side risk.

I look forward to hearing from you soon!

Chris Vermeulen

The Gold and Oil Guy

Chris Vermeulen

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Gold, Silver & Oil Newsletter Update Jan 25th

GOLD TRADING

April gold closed sharply higher on Friday and above December’s high crossing at 892.20 thereby renewing the rally off October’s low. The high-range close sets the stage for a steady to higher opening on Monday. Stochastics and the RSI are bullish signaling that sideways to higher prices are possible near-term. If April extends this week’s rally, October’s high crossing at 938.20 is the next upside target. Closes below the 10-day moving average crossing at 842.60 would confirm that a short-term top has been posted. First resistance is today’s high crossing at 905.50. Second resistance is October’s high crossing at 938.20. First support is today’s low crossing at 853.80. Second support is the 10-day moving average crossing at 842.60.

Gold Trading Signals – www.TheGoldAndOilGuy.com

SILVER TRADING

March silver closed higher on Friday and above the upper boundary of this fall’s trading range crossing at 11.770. The high-range close sets the stage for a steady to higher opening on Monday. Stochastics and the RSI are bullish signaling that sideways to higher prices are possible near-term. If March extends this week’s rally, the reaction high crossing at 12.430 is the next upside target. Closes below the 20-day moving average crossing at 10.047 would temper the near-term friendly outlook in the market. First resistance is today’s high crossing at 12.075. Second resistance is the reaction high crossing at 12.430. First support is the 20-day moving average crossing at 10.047. Second support is last Thursday’s low crossing at 10.320.  

CRUDE OIL TRADING

March crude oil closed higher on Friday and above the 20-day moving average crossing at 45.09 signaling that a short-term low has been posted. The high-range close sets the stage for a steady to higher opening on Monday. Stochastics and the RSI are turning bullish signaling that sideways to higher prices are possible near-term. If March extends today’s rally, this month’s high crossing at 54.74 is the next upside target. Closes below December’s low crossing at 38.00 would open the door for a possible test of psychological support crossing at 30.00 later this winter. First resistance is today’s high crossing at 47.00. Second
resistance is this month high crossing at 54.74. First support is Tuesday’s low crossing at 39.11. Second support is December’s low crossing at 38.00.

Gold Trading Signals – www.TheGoldAndOilGuy.com
Chris Vermeulen

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Gold, Silver & Energy Commentary Update Wed Morning

PRECIOUS METALS 

February gold closed higher on Tuesday due to short covering as it consolidated some of Monday’s decline. The high-range close sets the stage for a steady to higher opening on Wednesday. Despite today’s rebound, stochastics and the RSI have turned bearish signaling that a short-term top might be in or is near. Closes below the 20-day moving average crossing at 844.10 are needed to confirm that a top has been posted. If February extends this fall’s rally, October’s high crossing at 938.80 is the next upside target. First sesistance is last Monday’s high crossing at 892.00. Second resistance is October’s high crossing at 938.80. First support is the 20-day moving average crossing at 844.10. Second support is today’s low crossing at 838.80.

March silver posted an inside day with a higher close on Tuesday as it consolidates some of Monday’s decline. The high-range close sets the stage for a steady to higher opening on Wednesday. Stochastics and the RSI are bullish signaling that sideways to higher prices are possible near-term. If March extends the rally off October’s low, the reaction high crossing at 12.230 is the next upside target. Closes below the 20-day moving average crossing at 10.735 are needed to confirm that a short-term top has been posted. First resistance is Monday’s high crossing at 11.770. Second resistance is the reaction high crossing at 12.230.
First support is the 10-day moving average crossing at 10.930. Second support is the 20-day moving average crossing at
10.735. 

ENERGY MARKETS 

February crude oil closed slightly lower on Tuesday due to light profit taking as it consolidated some of the rally off December’s low. Today’s mid-range close sets the stage for a steady opening on Wednesday. Stochastics and the RSI remain bullish signaling that sideways to higher prices are possible near-term. If February extends this month’s rally, the reaction high crossing at 52.95 is the next upside target. Closes above the reaction high crossing at 52.95 are needed to confirm that a short-term low has been posted. Closes below last Wednesday’s low crossing at 36.94 would temper the near-term friendly outlook in
the market. First resistance is today’s high crossing at 50.47. Second resistance is the reaction high crossing at 52.95. First support is the 20-day moving average crossing at 43.96. Second support is the 10-day moving average crossing at 41.94.

Click Here to Read My Special Report: http://www.thegoldandoilguy.com/goldandoilnewsletterjan2.php 

Chris Vermeulen

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Spot Gold Price Charts

Today was another one of those great days for trading the spot gold price using the free intraday charts by Kitco. I’m not sure if anyone watches the free Kitco 24 Hour Spot Gold Price Chart, which is shown below, but I watch it like a hawk. It doesn’t take long to get a feel for how gold moves through out the 24hr day. Once you get a feel for it and see the same things happen every week opportunities start to pop up on the radar.

The Kitco Spot Gold Price Chart, which is provided for free, is an amazing tool for observing gold prices over a 3 day time frame. What I’m going to show you is how it can provide opportunities for daytrading the spot gold price or the Gold GLD ETF.

Free Spot Gold Price Chart – By Kitco

Spot Gold Price Chart

Spot Gold Price Chart


This chart may not look like a quality trading tool but it provides very detailed information for daytrading gold and for swing traders as they get ready to enter or exit a position at the open or close of the trading session. As you look at the chart above you will notice that the price movement each day is very similar even though the price of spot gold is different. Often enough the movements are very similar allowing us to take advantage of daytrading the spot gold price.

Spot Gold Price Chart – Close Up

Spot Gold Intraday Prices

Spot Gold Intraday Prices


This picture does not look like much but it is North America’s standard market trading times 9:30am – 4:00pm ET. You can see the price action following the previous day’s movements. Blue is the previous trading day and Green is Current Trading day. When I see big price movements in gold during these hours I like to take advantage of it the following day. If you didn’t notice the Green line (Today) makes the move before the previous days move. Why? Looks to me like there are a lot of other traders out there like me, getting ready for these opportunities in the spot gold price move before the previous day’s action. Today the market was 20-30 ahead of the previous moves, which happens and should be factored into your trading if you notice this.

Intraday Spot Gold Price Chart

Spot Gold Price Charts

Spot Gold Price Charts


This shows the last 4 spot gold prices using the GLD ETF. As you can see the last for days had the same price movement although today had a larger range to take more profits. This is a 5 minute spot gold chart using GLD. I trade using the 1 minute price chart, as it allows the best timing to enter and exit the positions and keep the 5 minutes chart, which you see above running, as well to keep my head clear for the time and potential price movement.

Today’s Spot Gold Trading Chart

Spot Gold Trading

Spot Gold Trading


Above is the chart I use for trading GLD and my actual trades. I am a very conservative trader and I like to lock in profits. Sometimes I get out a little too early but I generally catch the middle trending moves, which are the safest times to trade in my opinion. I could have held the trade longer today but spooked myself out of the trade because of over thinking. This is the exact reason why I use the 5 minute chart to keep my head on straight but sometimes it’s till not enough and I take profits early.

When there are no swing trading setups I focus on finding these intraday daytrading gold patterns. To see some of my spot gold price trading charts using GLD visit this link: http://www.thegoldandoilguy.com/tag/gold-spot-price/ .

My main focus for trading is swing trading gold ETFs. I wait for a trend reversal or continuation pattern which satisfies my trading model, enter the trade and then exit 50% of position on the first sign of weakness. And exit the second half of the position on a trend line break. My swing trading goal for GLD ETF is 2-5% per trade which would last 2-10 days unless price continues to run. I generally have 10-20 trades per year with the GLD gold ETF.

FREE WEEKLY SPOT GOLD PRICE TRADING CHARTS AND TIPS

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Email (we will never spam you)
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Investment Consulting – Stock Chart Analysis

Stock charts analysis is something that most advanced traders and investors know something about but ordinary brokers and financial advisors don’t even look at.

Most individuals use local broker, financial advisor, friend or family member to help with stock investments but generally these people do not use stock chart analysis to see if the stock is in a trend which can provide acceptable returns if they enter the position at the right time.

Over the years I have helped several traders and investors time their entry and exit points for stocks within their portfolio. Not only do I help individuals time their positions but I provide them with a feel for what the market is doing and that allows you to relax and enjoy playing the market. This is a new service which I now call Investment Consulting.

This is a sample of what a basic chart looks like and the opportunities that become visual once stock chart analysis is applied.

Long Term Trend – Stock Chart Analysis

Stock Chart Analysis

Stock Chart Analysis

Short Term Trend – Stock Chart Analysis

Stock Chart Analysis - Investment Consulting Chart

Stock Chart Analysis - Investment Consulting Chart

I will personally review YOUR current portfolio stocks providing Technical Analysis on each stock so YOU know where your investments are headed and tips to maximize your returns.

Benefits of Stock Chart Analysis:
– Find out where your portfolio is headed
– Find out which investments are holding you back
– Know when to take profits or sell
– Reduce YOUR investment stress levels

You get my Full Report sent to YOU by email, including:

* Multiple Time frame charts for each stock
* Detailed Charts with support and resistance zones
* Long and short term Trend directions
* Protective Stops for locking in profit
* Buy,Sell and profit taking zones

Now YOU can get detailed, personalized assistance from one of North America’s leading stock chart analysis investment consultants. This is the PLAN you NEED to SUCCEED!

NOW is YOUR Opportunity to start trading like an advanced trader. Let me help you get started at http://www.thegoldandoilguy.com/investment-consulting-stock-chart-analysis.php

To Your Financial Success,

Chris Vermeulen
The Gold and Oil Guy
chris@thegoldandoilguy.com

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Gold Signals Gone Wild!

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Gold Newsletter Signals – This week gold signals are popping up everywhere in our collection of gold exchange traded funds. This is a quick gold sector updated on the current price action of some of the best gold exchange traded funds.

How to Find Low Risk High Return Gold Signals
First step is to have a GOAL, Then FIND what trading tools are needed to fit your trading goals.

My Trading Goals
First – My focus is to wait for high probability trades. I do not want to make any more trades than I need to. More Trades = More Risk for my hard earned money. Waiting for a high probability trade is difficult but must be done to generate consistent profits. I wait for gold to find a support or resistance level then look for gold signals in my hand picked collection of gold exchange traded funds like GLD, DGP, GDX and many more…

Secondly – I don’t like to hold stocks or funds any longer than I need to. Most of my trades are short term and only last 2-10 days. Some trades last 1-2 months if gold is making a large move but this is something that only happens every now and then.

Thirdly – My goal is to make 2-5% on each trade and I am happy. With 10-20 trades per year at 5% it’s not a bad return on investment.

Last – Once I am in a trade and it looks like our position is about to roll over, I will lock in some profits by selling some of the position to capture a higher % profit. This is crucial if you want to consistently make money trade after trade.

Find the Best Trading Tools for Reaching the Goal
Experience has proven that the following tools and rules allow me to not only find accurate gold signals but to minimize overall risk and increase the average profit per trade. This took a long time to fine tune, but it all came back to the basic indicators and technical analysis we all learn day one of trading. The only difference is that I have a Goal, Tools and Dedication to Follow Through with my trading model. I share this information and support with members in my Gold Newsletter Service.

My Trading Tools
MACD – A popular technical indicator system that combines several moving averages to better show a stock’s trend and momentum.

Price Relative – Technical indicator that compares the performance of two gold exchange traded funds to each other by dividing their price data.

Breakout Buy Signal – This is when the price of an exchange traded fund closes above our resistance trend line and the MACD cross’ to the upside confirming the trend line break. This is the first requirement for a tradable bounce.

Breakout Sell Signal – This is when the price of an exchange traded fund closes below our support trend line and the MACD cross’ to the downside confirming the trend line break. This is the first requirement for a tradable breakdown.

Upside Reversal – When the price of a fund closes higher than the previous days high.

Downside Reversal – When the price of a fund closes lower than the previous days low.
Maximum 3% Risk Trading Rule – I do not enter any trade in GLD, GDX, ASA, XGD.TO that has more than 3% risk. This actually allows me to miss several trades, which would end up losing.
This trading model is simple. Enter a position when we have a low risk setup, and exit on a trend line break. It’s best not to enter a trade if risk is more than 3%.

Gold Miners Index – Multi Year Trend Chart

Gold Stocks At Support

Gold Stocks At Support


Currently bouncing off support, which increases the probability that we could have a nice rally.

Gold Bugs Index – Monthly Gold Signal Trend Chart

Gold Newsletter Trend Look

Gold Newsletter Trend Look


The Monthly Gold Bugs chart is trying to give us a sell signal, but gold stocks are making a strong push higher.

$HUI: $GOLD Ratio Chart – Weekly Gold Signals

Gold Newsletter Weekly Trend

Gold Newsletter Weekly Trend


Looks like the price of gold stocks have corrected and ready for rally

Gold Bugs Index – Daily Gold Signals

Gold Newsletter Gold Bugs Index Chart

Gold Newsletter Gold Bugs Index Chart


The HUI is my barometer to gauge the strength of a potential gold trade.

GLD Gold Exchange Traded Fund – Gold Trading Signal

Gold Newsletter Gold GLD Chart

Gold Newsletter Gold GLD Chart


GLD is a low risk trading vehicle providing the best win/lose ratio of any other fund I have traded.

DGP Exchange Traded Fund – Gold Trading Signal

DGP Gold Newsletter Daily Chart

DGP Gold Newsletter Daily Chart


DGP is a leveraged gold ETF providing twice the price movement of GLD.

GDX Exchange Traded Fund – Gold Trading Signal

GDX Gold Newsletter Signals

GDX Gold Newsletter Signals


This gold exchange traded fund holds a basket of gold stocks.

XGD.TO Canadian Exchange Traded Fund – Gold Trading Signal

Canadian Gold ETF Newsletter

Canadian Gold ETF Newsletter


Gold exchange traded fund for Canadian traders.

Finding low risk trading signals is a simple process but entering at the right time is the key.

Conclusion:Gold’s recent price action has not been easy for most traders. Above are the basics of what I look for when looking for gold signals and trading. If you have any questions please send me an email.
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