- This indicator says gold is about to kick off a major buying opportunity
- Simple chart pattern that holds the key to making money in metals
- Plus: The next trade triggers Thursday…
If you're thinking about buying gold, pay close attention...
A major buying opportunity is about to ignite in everyone's favorite precious metal.
But you won't uncover this buy signal by visiting mines, studying gold production, or watching CNBC. In fact, I couldn’t even see it with my naked eye. I needed a sophisticated computer program to alert you to this hidden opportunity.
It was our in-house “quant” Jonas Elmerraji who spotted it thanks to the proprietary indicator he has spent the last five years coding.
And the window is about to kick off this week.
The signal Jonas has pinpointed is highly reliable. It's made investors money almost 80% of the time over the last 12 years. His system has nailed the price action in gold this year. And that's not the result of some hypothetical back test, either. In fact, Jonas shared his research on gold with you back in March…
Have a look at an indicator called the Kinetic Composite for GLD, the popular SPDR Gold ETF (NYSE:GLD):
You can think of the Kinetic Composite chart above as a sort of "idealized" price chart for GLD. Jonas' algorithm crunches decades of price data and mutates it into the chart above. It shows you when a stock is predisposed to rally… up to a year in advance.
You can see how the Kinetic Composite signaled a rally at the start of the year, followed by a volatile sideways period, and then another rally kicking off this summer.
Here's how GLD's price has played out in the months since: