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Before the enormous gold price drop in September, the Gold Trend Indicator signaled an oncoming bearish trend. Readers of The TREND Letter were warned of a coming major correction in the price of gold, while TREND Technical Trader readers were advised to short gold via an inverse-ETF which subsequently rose as much as 22% within days.
Previous to that, the Gold Trend Indicator had been bullish gold, and the recommended position enjoyed gains as high as 48% over the following few weeks. That’s a maximum compounded gain of 58% while in the same period the actual gold price rose only 2%.
Change is constant in today’s stock and commodities markets, and those who simply buy and hold before long find themselves back at square one or worse. However those following the Gold Trend Indicator at theTRENDletter.com sit comfortably hedged when the gold price plummets, and can add to their gains no matter which way the gold price goes.
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