Without it, you’re left to figure out the details on your own. We could see a +1525 tick movement above the current market, if the trend plays out. Following those tick movements is how we increase the chances of making consistent profits in futures trading.Īnd the data we gather on the markets is best funneled through my timeframe analysis system. The long-term and short-term directions for the GC point to possible gains in the market for those who pay close attention to the data. While some investors are thinking about staying away from the markets altogether, we’re actively looking for opportunities in markets like the GC. Our timeframe analysis is important when it comes to these trades! It allows us to know when we should look to buy or when we should stay away.īe sure to read more about the details of how my strategy helps traders like you fine-tune their approach to the futures market. Learn more about the Daily Direction Indicators here… We’re actively looking for opportunities in the GC market THE BOTTOM LINE We’re actively looking for opportunities in the GC These tools prevent us from risking too much and overleveraging our accounts. Our strategy allows us to find low prices within that overall upward movement so we can buy the market and sell at a higher price.Ĭurrently, our limit for this setup is 2114.6, with a stop at the 1727.6 price point. The market pushed above the top of the channel, dipped back down, and should push back up to higher prices again.ĭon’t forget that the market will make these stair-step moves as it continues on an upward trajectory. Let’s take a closer look at our timeframe analysis to see how we should follow the GC as it moves: Daily Timeframe AnalysisĪs you can see in the daily timeframe, the GC market is currently moving along an up channel. That’s a recipe for making money-losing mistakes. When we face this sort of trading environment, the important thing to remember is that you shouldn’t let your emotions dictate how you trade. Investors are still dealing with volatility in the market. And as the headlines continue to make many traders nervous over uncertainty, the gold market stands to make some gains. With a daily Fibonacci extension of 2114.6, there’s an opportunity for plenty of ticks above the current market. Zimbabwe achieved one of Africa’s highest literacy rates.īut in recent years, the country’s debilitating economic problems have seen its education system deteriorate and become characterized by dilapidated infrastructure, shortages of key learning materials such as books and frequent pay strikes by teachers.ĭespite these problems, Zimbabwe’s education system is still rated highly in Africa.In today’s edition, we’ll follow the gold futures market (GC) as we actively look for opportunities for smart trades!īoth the long-term and short-term directions are up for the GC. Previously the education system had catered mainly for the country’s white minority. When Zimbabwe achieved independence and majority rule in 1980, the new government vigorously expanded the country’s education system so that all Black children could attend primary and secondary school. Some held placards reading “Welcome back champions.” Others played drums and marimba, a traditional instrument of wooden bars played using mallets. The team was treated to a welcome with a red carpet, flowers and balloons. The usually subdued airport was filled with cheers, song and dance when the team arrived displaying their awards. The winning team received a rousing reception by hordes of schoolchildren, parents and supporters when they returned last week. The European Union delegation in Zimbabwe has also congratulated the team. He described the latest win as “another victory for the pride of Zimbabwe.” The southern African country’s president, Emmerson Mnangagwa, in June invited the team to his official residence and presented them with $30,000 in cash following their victory in the high school competition. We put Zimbabwe on the map, letting the world know of the amazing talent found in this country,” said Simbi. “When we were at the European Moot Court, many people didn’t even know Zimbabwe. “It is surreal and extraordinary,” said Simbi after returning from Romania, where the European competition was held. Organizers of the European competition were so impressed with Zimbabwe’s performance at the International High School Moot Court competition that they invited the team to be the first-ever African country to enter their competition, said team captain Ruvimbo Simbi.
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