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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

<a href="https://www.smartkarma.com/entities/gold" target="_blank" data-smartkarma-citation="entities:22870:1" rel="noopener">Gold (GOLD COMDTY)</a> faces headwinds from steeper yield, a weaker USD and equity risk on pressures. Worth noting that gold has been trading more like a risk asset in recent months shifting away for a risk off hedge.Gold's November 9th plunge saw the breakout above 1,920/40 fail with a fresh focus back on the 1,850 pivot.The descending bull wedge stands out as the zone to buy near lower wedge support that currently runs near 1,820-00 depending with a slide in time translation. Bull wedge formations typically have a 70% probability of breaking to the upside.Our macro stance remains bullish for gold which may need a DXY low near 90.50 and SPX high near 3,800 for a clearer upside path.We seeing a buy level near 1,800 where the 200 dma, price and lower wedge support meet.

Gold (GOLD COMDTY) faces headwinds from steeper yield, a weaker USD and equity risk on pressures. Worth noting that gold has been trading more like a risk asset in recent months shifting away for a risk off hedge.Gold's November 9th plunge saw the breakout above 1,920/40 fail with a fresh focus back on the 1,850 pivot.The descending bull wedge stands out as the zone to buy near lower wedge support that currently runs near 1,820-00 depending with a slide in time translation. Bull wedge formations typically have a 70% probability of breaking to the upside.Our macro stance remains bullish for gold which may need a DXY low near 90.50 and SPX high near 3,800 for a clearer upside path.We seeing a buy level near 1,800 where the 200 dma, price and lower wedge support meet.

Gold

Re Loading Gold Long