{"id":1762,"date":"2009-11-11T01:15:02","date_gmt":"2009-11-11T05:15:02","guid":{"rendered":"http:\/\/club.ino.com:80\/trading\/?p=1762"},"modified":"2009-11-11T00:50:15","modified_gmt":"2009-11-11T04:50:15","slug":"gold-update-new-video","status":"publish","type":"post","link":"https:\/\/wwwtest.ino.com\/blog\/2009\/11\/gold-update-new-video\/","title":{"rendered":"Gold Update: New Video"},"content":{"rendered":"

\"\"<\/a>After hitting our first upside target of $1,110 two days ago, gold prices backed off but still managed to close at their best levels today for a new record high close in New York basis the spot gold.<\/p>\n

The question now is, what's going to happen to gold after it hit our first target level?<\/p>\n

<\/p>\n

The main trend continues to be positive and I believe that any pullback in this market should be met with good support. It is possible that we could see a pullback of $20-$25 which would not change the overall positive trend of the market which we see continuing until the end of the year.<\/p>\n

As readers of this blog know, we have an upside target zone of $1,250-$1,300 an ounce for gold. While that target zone is still in place, we believe that the huge \"energy field\" that we've discussed in our earlier gold videos<\/a> is capable of pushing this market higher.<\/p>\n

In this new video<\/a> I explain some of the areas that I'm looking at and also some of the places where you can place tight stops to lock in profits.<\/p>\n

As always the videos<\/a> are free to watch and there is no need to register. I would love to hear your views on gold in our Trader's Blog comment section.
\nAll the best,<\/p>\n

\"\"<\/a>Adam Hewison<\/a>
\nPresident, INO.com
\nCo-creator, MarketClub<\/p>\n","protected":false},"excerpt":{"rendered":"

After hitting our first upside target of $1,110 two days ago, gold prices backed off but still managed to close at their best levels today for a new record high close in New York basis the spot gold. 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