My approach to the market is to identify activity, or “pulses,” beneath the surface of the market that point to potential movement. These “pre-move pulses” are a strong indication of the potential success of a trade.
Early last week, Tuesday, in fact, my gold charts began to show exactly this kind of activity. They’re still showing tempting signals.
See, one of the “pulses” I monitor is option activity - it’s rarely steered us wrong.
Let's take a closer look at the opportunity in gold for a rebound off of its low in the coming weeks...