Gold: Short-Term Bear, Long-Term Bull

Published on
March 22nd, 2019
Duration
9 minutes

Gold: Short-Term Bear, Long-Term Bull

Trade Ideas ·
Featuring Steve Voulgaridis

Published on: March 22nd, 2019 • Duration: 9 minutes

Steve Voulgaridis, co-founder of ForexAnalytix, takes a technical look at gold and discusses where the yellow metal is headed next. He examines the charts, reviews specific levels to keep an eye on, and highlights how to play the setup, in this interview with Justine Underhill. Filmed on March 13, 2019.

Comments

  • TW
    Tao W.
    27 March 2019 @ 04:23
    I’ve heard about buying physical gold for a few times now from various interviews. If there’s a quick and simple tutorial on how to get access to physical gold would be very helpful.
    • SV
      Steve V. | Contributor
      27 March 2019 @ 18:12
      An easy method is buying gold coins from a bank / central bank. There are several ways to get physical gold delivered or stored for you, I don't want to advertise anyone so I suggest you look it up on the net, you will find a plethora of reliable sellers.
  • AW
    Aaron W.
    25 March 2019 @ 07:39
    Can Real Vision separate or denote the technical analysis videos? Lots of people, myself included, don't use technicals. Maybe a little charting icon or something, so I can know to skip haa.
  • DY
    Dmytro Y.
    25 March 2019 @ 06:13
    Hi Steve, thanks for the idea. Do you maintain your bearish view given recent declaration by Fed to not have any rate hikes in 2019 and stop QT by Oct 2019. Does it not change the situation for Gold to outright bullish from here to much higher level ? How do you see this playing out? Thank you!!
    • SV
      Steve V. | Contributor
      26 March 2019 @ 13:38
      I do, nothing has changed from a technical perspective standpoint. If you are looking at a L/T horizon fundamentals always matter and give you the direction but short to medium term they often don't.
    • DY
      Dmytro Y.
      27 March 2019 @ 01:23
      Thanks!
  • BM
    Beth M.
    23 March 2019 @ 13:43
    I really enjoyed this since I am a gold investor. It also greatly helped me with timeframes. Thank you...more of this please!
  • CH
    Charles H.
    23 March 2019 @ 04:41
    Is technical analysis any better than augury? Should I be sacrificing a bull to inspect its liver or just trade on the simple zigzag?
    • SV
      Steve V. | Contributor
      24 March 2019 @ 11:37
      Technical analysis is a viable method of trading as long as you know how to read and execute your trades based on technical patterns. One of its great benefits is that it provides you with guidelines that help you define risk and reward which is a key element to trading successfully. Testament to that is that I have been asked twice in the recent past to mentor 2 individuals that manage macro funds because they were great at recognising the market direction but without the help of technical analysis they could not pinpoint the optimal areas to enter or exit.
  • JW
    Joel W.
    22 March 2019 @ 18:44
    I'm confused: this was filmed on March 13, but I'm looking at a chart that shows...is that March 22? Maybe I need to subscribe to this fella's service!
    • SV
      Steve V. | Contributor
      23 March 2019 @ 12:14
      You have every right to be confused, they asked for revised charts which I provided the day they would publish since the interview was one week ago as you mentioned!
  • SV
    Steve V. | Contributor
    22 March 2019 @ 10:52
    ForexAnalytix subscribers and F.A.C.E. viewers know that this is a free trade for me now. Took 1/4 off at $1308 to fund my S/L which is now above the recent highs.