Chart based progressive global trading strategies, Chart Partners

Thomas Schroeder

Chart based progressive global trading strategies

Chart Partners

Chart Partners objective is to discover medium-term cycle turns and profit opportunities before they unfold, within structural trends while preserving capital with clear degrees of risk. We have real return ideas. 

Markets are dynamic and trading systems must reflect this. It is crucial to determine underlying correlations and lead-lag relationships within global markets and the impact on linked instruments. Our weekly Chartonics product gives you short-term trading strategies that can be applied within the medium and longer term macro trends that are mapped out in our strategy updates. 

Our methodology fuses global market variables and isolates drivers in trends. We specialize in FX, index trade in NY and Asia with a focus on Asian stocks. 

Technical Analysis

Gold buy call at 1,680 that formed dual lows did clear the wedge resistance at 1,780. Upside momentum has improved but is now facing resistance at 1,860/72.Touted bull flag did clear 1,780 and did adhere to the expected rally sequence. Looking forward, we see risk of a rally stall on the back of a USD low and reduced risk appetite.A short term top zone is outlined as well as pullback targets and fresh buy support that must hold backswing support to provide fuel for a stronger rise to challenge 1,950.Gold shares (GDX) also show a five wave rise due to complete ahead of a corrective pullback sequence.

Gold buy call at 1,680 that formed dual lows did clear the wedge resistance at 1,780. Upside momentum has improved but is now facing resistance at 1,860/72.Touted bull flag did clear 1,780 and did adhere to the expected rally sequence. Looking forward, we see risk of a rally stall on the back of a USD low and reduced risk appetite.A short term top zone is outlined as well as pullback targets and fresh buy support that must hold backswing support to provide fuel for a stronger rise to challenge 1,950.Gold shares (GDX) also show a five wave rise due to complete ahead of a corrective pullback sequence.

Gold

Gold Breakout and Stall Resistance