We Have Break-Outs
FNArena has added another video to its Investors Education section on the website. In this broadcast, ATW's Jerry Simmons explains why he is carefully watching the movements of the gold price these days. His analysis suggests we now have a confirmed break-out after three consecutive dojis. In addition, he reports crude oil has now broken out above key resistance as well. The same applies to EUR/USD.
US equities are not as yet in a similar position.
To view the ATW Strategic Prep Video click HERE or visit the FNArena Investors Education section of the website.
Here's the direct link: http://www.fnarena.com/index2.cfm?type=dsp_front_videos&vid=73
All views expressed are Jerry Simmons's, not FNArena's (see our disclaimer).
Jerry Simmons has over 25 years of full-time trading experience. He is the senior partner and head mentor for the "Masters" Programme within the education system at New York based Advanced Trading Workshop (ATW).