(This is a short excerpt from the past weekend premium member report published Friday the 7th)

Silver (NYMEX)

Silver is forming a broad-based double bottom. I am monitoring the daily charts for a buying opportunity.

Gold (NYMEX)

The daily chart could be forming a continuation symmetrical triangle.

GOLD (NASDAQ)

The daily chart of Barrick Gold Corp. could be forming a continuation H&S wherein the head is a rounding pattern.

GDXJ

The daily graph is forming a saucer or scalping bottom pattern. Factor is flat –but interested.  I will lose interest in this chart if the $39.60 level is penetrated on a closing basis.

Factor Membership

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Peter Brandt is a 40+ year veteran of trading. Through his Factor Service, members receive:

Trading Commodity Futures with Classical Chart Patterns: A free PDF copy of Peter’s classic out-of-print book

Alerts: Detailed information on specific charts as unique opportunities present themselves

Market Commentaries: Communications on specific topics regarding market speculation and trading distributed periodically

Webinars: Monthly member-only webinars where Peter speaks about current conditions and fields member questions

Knowledge Center: Fast and easy access to current and archived content from Peter’s extensive library of content

Automatic notifications: Email and social media notifications are sent out when new content is published

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View your Factor Member options here. You could consider your membership in the Factor Service as just one more trade. If the Factor Service is not of value to you, well, it is just one more trade that did not work.

Through the Factor Service I endeavor to alert novice and aspiring traders to the many pitfalls you will face – and to offer advice on overcoming those pitfalls. My goal is to shoot straight on what trading is all about.

I hope you will consider joining the Factor community.

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