Hi, this is Adam Hewison. I have just finished a new video on gold that I would like you to see. This new video deals with some of the strange events that we’ve been going through the past two or three weeks, or in some cases several months.

I know most of the gold bugs have been disappointed that their favorite yellow metal hasn’t skyrocketed to new highs. Some people said that we’d hit two to three thousand dollars an ounce when gold topped the one thousand mark a few months ago. I’m not sure that we will see levels like that, but the reality is, we could be seeing more interest come into this market which could push it higher.

In this short five minute video, you will get to see how well our “Trade Triangle” technology has done in the gold market. I will also show you when I think gold should hit its peak.

This is an educational video that is meant to inform you on the dynamics of the gold market and how it can help you improve your trading and timing in the future.

Click here to watch the video.

Best of luck in life and trading,

Adam Hewison
President, INO.com
Co-creator, MarketClub

Watch the Video

We are the government, we’re here to help.

I believe the only help the government gave us last week was pushing gold prices higher. During last week’s massive bailout and intervention in the credit markets one of the few markets to close higher for the week was gold. This tells you a tremendous amount about how traders are thinking about the future.

These are extraordinary times we are living in, and we have to take advantage of what the markets are offering us at the moment. The fact that there was no follow-through today in the equity markets tells me that there’s so many questions about this bailout that are yet to be ironed out. That in turn creates more uneasiness in the marketplace.

I still believe that stocks are in a bear market and that we can see a trade down to the 10,000 level basis the DOW. Having said that, I would be trading gold from the long side until our “Trade Triangle” Technology points to a change in trend direction. With the t echnicals all in place, and the fundamentals certainly pointing to higher gold prices, I think traders should be looking at this market from the long side. Some of our cyclic work indicates that gold could be strong until February or March of 2009.

Enjoy the video. It’s short and it’s available now with our compliments.

Every success trading,

Adam Hewison
President, INO.com
Co Creator, MarketClub.com

To many it is quite surprising that gold is getting closer to 700 an ounce rather than the 2,000 many were calling for. When gold was trading at the 1,000 level many people were expecting this market to zoom to 2,000 an ounce.

When we first suggested that gold had actually given us a sell signal we received numerous e-mails, many of which were not flattering and some were just downright ugly. “How could you short gold are you an imbecile” and that was one of the nicer emails.

To trade successfully in any market you must listen to the market. This is the one true voice that tells you what is going on.

During my career in the commodity markets, I have heard many stories, some of which were fabricated and some of which are true, but either have little or no bearing on the market itself. The very best indicator of all is to follow the price action which tells you when the insid ers are selling or buying. In the commodity markets you have insiders who actually produce a commodity or the actual end-user of that commodity. Everything else is speculation. These insiders have extensive networks of global information that they plug-in to their hedging models. They also have extensive experiences and know what it’s like to be in the trading trenches of any market.

Take a few minutes and look at the short video I just produced to show you exactly what I mean and how the patterns are different this time in gold and why it may have still further to fall.

Every success in the markets and in life,

Adam Hewison
President, INO.com
Co-Creator of MarketClub

Market Oracle
By David Petch

The mid-term Elliott Wave count of the HUI I shown below, with the thought pattern forming denoted in green and the alternate path shown in grey. The likely pattern forming for wave (A).[B] is an elongated flat (wave C is greater than 161.8% of wave B) ; internal wave A is a zigzag, followed by wave B forming a flat (3-3-5), with wave C component forming the impulse. Wave C.[B] is underway at present, with the final leg down underway to complete the pattern…lows should be put in place between 310-320. Within 2-3 weeks, this pattern should be complete, with a subsequent move to 430-450 before curling down again. The USD has one final leg up to complete the present upward move before heading lower…this will likely coincide with a bottom in gold and the HUI.

A short (1:09) MarketClub video highlighting the most recent sell signal in gold. The previous sell signal was quite profitable. An opportunity for a quick look-see at their Trading Triangle method.

Financial Times
By Jo Johnson in New Delhi
Published: January 16 2008 18:33 | Last updated: January 16 2008 18:33

Could Indian housewives be calling the top of the gold market? Many are selling unwanted jewelery into a booming recycling market and deferring all but essential purchases of the precious metal, commodity traders, economists and jewelers said on Wednesday.

India is the world’s largest consumer of the precious metal and the apparent sell signal from its value-savvy householders may prove unsettling for global investors hoping that gold will continue to be a safe haven in volatile markets.

Lots of good links and interesting stories here.

Dynamic Traders says: With both the XAU and gold weekly momentum bearish, the next (13) daily DTosc bearish reversal should coincide with the corrective rally off the June low. XAU top component stock that have weaker 4 and/or 13 wk ROC’s than the XAU should be considered for short positions following the next (13) daily DTosc bearish reversal.

Looking at the XAU through our exclusive Gann Segments we would concur. Although we still see the possiblity of an XAU move up to the 154 resistance level the short trade set up looks the most attractive play.