Higher Prices Ahead (GLD)

Model Gold Portfolios: Gold = Enter Long  5/19, S&P 500 awaiting revisions

Technical Read:

  • CTM150519Gold: Gold fell back today but recent price action may not be as bearish as it appears first glance. During the monthly chart we are seeing the emergence of support around the 113 level (GLD basis). This basing action should limit downside potential. Especially with a backdrop of possible global political event. Nonlinear trading analysis moved positive. The model Gold portfolio is now on a buy.
  • S&P 500: The S&P models have been refitted with v2.0 but there was no recent entry, so we are simply waiting for a signal. I expect something this week or next.

Premium offers:

  • Bond Trading Signals. I am offering a similar Mummy process for Treasuries. See the “Bond Trading Signals” tab for more info. Currently available.
  • Currency Trading Signals. I am now offering a similar Mummy process for currencies. This service will involve two signal paths, one on the US dollar and the other on a user selected second currency (1+1).The fee will be the same as

GH Garrett – Veteran Commodity Watcher for ConquertheMummy.com  © “Nonlinear signals that matter in gold trading.”

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