In response to the market turmoil after the Brexit vote, investors are flocking to so-called safe haven assets, including gold, silver, government bonds and certain currencies. In this series we’ll evaluate them with AbleTrend in terms of both historical analysis and current perspective, one by one. Make sure that you saved our email address as your favorite so that you will not miss any upcoming email analysis.
The following is a monthly chart of GLD, also known as SPDR Gold Shares which is part of the SPDR family of exchange-traded funds (ETFs)
Trade Setup for GLD monthly chart
Trade Outcome for GLD monthly chart
AbleTrend helps you to manage the trading risks
You may set your stop at blue support levels indicated by the blue dots below the bars for your stops. You may tailor your stop sizes according to your risk tolerance.
You can trust AbleTrend signals
Once AbleTrend signals are generated and once the bar is closed the signals will never, ever change in the future. Therefore all the signals generated in these historical charts were the exact same signals that were generated at that time. This is important for all traders and investors seeking for real practical trade signals with integrity.
Use AbleTrend shorter time frames to get Sweet Spot entries
While Trade Setups with monthly time interval provides the general directions of the market, AbleTrend with shorter time interval, such as daily chart, or even 120min chart can provide Sweet Spot entry points after the markets have had some pull back, or retracements. Your AbleTrend consultant can show you the details with one on one through web meeting.
For addition insights and articles on trading see our blog: blog.ablesys.com
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With Warm Regards,
Grace Wang
AbleSys Corp.
gracezh@ablesys.com