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

We turned bullish gold in the 1,260-70 range (1,268) just above key trendline and price support given odds of the bull wedge breaking higher which is now unfolding. Our tactical target remains 1,350-70 where a stall is due to build steam to clear 1,370 that would open the way to reach for macro pivot resistance (old pivot support).A mushroom rally on a breakout would fit with our macro bull cycle structure.Gold shares offer a great leveraged play on gold. GDX is a buy on weakness and the stage is set for a bullish breakout.We expect a G20 failed trade agreement would ignite momentum to clear breakout resistance. SPX downside volatility into Q3 will also be gold supportive.

We turned bullish gold in the 1,260-70 range (1,268) just above key trendline and price support given odds of the bull wedge breaking higher which is now unfolding. Our tactical target remains 1,350-70 where a stall is due to build steam to clear 1,370 that would open the way to reach for macro pivot resistance (old pivot support).A mushroom rally on a breakout would fit with our macro bull cycle structure.Gold shares offer a great leveraged play on gold. GDX is a buy on weakness and the stage is set for a bullish breakout.We expect a G20 failed trade agreement would ignite momentum to clear breakout resistance. SPX downside volatility into Q3 will also be gold supportive. 

Gold

Macro Bullish Gold