SaxoTV

Neighbour: Gold bull-ion as markets enter bear territory

468 views
January 21, 2016 commodities, commodities markets, commodities supply, commodity, commodity investing, commodity market, commodity markets, commodity outlook, commodity prices, commodity strategy, commodity trade, commodity trading, equities, equities 2014, equities prices, equities saxo, equities trading, equity, equity bubble, equity decline, equity index, equity market, equity market 2014, equity markets, equity platform, equity portfolio, equity portfolios, equity research, equity rise, equity risk premium, equity strategy, equity trading, equity us, erq, erqnas, fomc meeting, ftse, ftse 100, giga, gol, gold, gold and silver, gold bars, gold bonds, gold bullion, gold buy, gold buying, gold commodities, gold commodity, gold commodity', gold confidence, gold demand, gold dollar, gold down, gold drop, gold exchange, gold falls, gold future, gold investing, gold investment, gold levels, gold long, gold low, gold market, gold mining, gold predictions, gold price, gold prices, gold resistance, gold sell, gold selling, gold short, gold spot, gold supply, gold support, gold trade, gold trading, gold trading levels, gold us, gold warning, gold yellen, golden, golden opportunity, goldgold, goldilocks, goldman, goldman sachs, goldman sachs earnings, goldman sachs results, goldprice, goldpricetrend, golgol
Joe Neighbour is looking for a trade in gold as investors seek shelter from what feels like an unrelenting storm in equity markets around the globe. Yesterday as the FTSE 100 officially entered bear market territory, closing below 5700, gold emerged as one the few bullish winners. 

Joe has spotted a base forming on daily charts and aims to buy a dip today at around USD 1098. 
Stop: USD 1085 
Long term stop: USD 1070
Targets: USD 1138 & USD 1200