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Gold Prices Are Rising: Here’s How to Play the Rally

Gold Prices Are Rising: Here’s How to Play the Rally

While the broader market slumped in May, one natural resource mounted a huge rally.

Gold prices rose above $1,300 per ounce.

We’ve seen gold outperform the markets several times in 2019.

The SPDR Gold Shares exchange-traded fund (ETF), which tracks the gold bullion price, rose 2.4% in May. At the same time, the S&P 500 fell nearly 6%.

Many analysts pegged May as one of the worst trading months since 2010. But gold traders stayed ahead of the noise and profited while the markets sank.

Traders are looking for safe-haven investments. And gold is a solid hedge in volatile times.

We asked our expert Chad Shoop for his view on gold’s continued rise. And he explained one key factor he’s watching before going all in:

I’m bullish on gold. I believe the precious metal is on the cusp of a long-term bull market. But it has a strong resistance around $1,350 an ounce. I’m just starting to add exposure to the gold market. I want to see it break above that level before I go all in. That is my cue for getting extremely bullish.

Chad has recommended several profitable gold stocks over the past three years. Back in December 2018, he recommended a metal miners position that netted his readers gains of more than 30% … in less than three months!

It’s why he’s confident in gold’s potential to rally higher this year.

And our senior analyst John Ross offered this observation on the yellow metal’s rise relative to the U.S. dollar’s drop:

The price of gold jumped by almost 5% in just the last two weeks. Now, it has the chance to prove its mettle. There is a lot of technical resistance for gold to overcome in the weeks ahead. But there’s something that leads me to believe gold will continue to move higher. When gold jumped this week, the U.S. dollar fell. That’s because the backdrop is changing for the U.S. dollar. The yellow metal rises when the dollar falls because of how interest rates and growth influence investor expectations.

John tells us he plans to recommend a gold fund to readers of Winning Investor Daily next week.

And he’s excited to bring you more ways to play this precious metal.

In fact, John Ross and Matt Badiali are planning profitable trades in gold and other natural resource stocks. It’s all part of a new service they’re launching in the coming months.

We’ll bring you more details about their new service right here in Winning Investor Daily.

Our experts have more to tell you this week!

Our Experts’ Latest YouTube Videos!

John Ross let viewers know about three charts he’s following during this historic wave of volatility.

Each one tracks a way that you can trade to profit from the uncertainty and risk inherent in the markets. Just click the image below to find out more.

Chad Shoop recently explained why the period from May through October typically signals a broader market slump.

Tech companies such as Apple and Intel typically outperform the markets during this period. That’s why he recommends one tech ETF to play this seasonal weakness for profits.

Anthony Planas posted another episode of his Marijuana Markets: A POTcast this week. He explains why the lower prices in cannabis stocks provide a great opportunity to buy in during the current trade-war volatility.

He also covers Illinois’ recent bill legalizing the sale and possession of recreational marijuana and much more in this week’s episode. You can check out his video below.

Make sure you subscribe to our other experts’ YouTube channels. Charles Mizrahi and Matt Badiali regularly update them with new takes on the stock market.

We’d love to hear from you! What’s your favorite way to buy gold in volatile times?

Just write to us at winninginvestor@banyanhill.com to be part of the conversation.

Our experts keep a close eye on the markets. They want to make sure they can offer the best trading advice.

Read on to see the topics they’re following this week.

Regards,

The Winning Investor Daily team

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A Contrarian View: Why Wall Street Is Wrong About Copper Today

https://banyanhill.com/contrarian-view-why-wall-street-wrong-about-copper/

Wall Street is not taking into consideration the imminent shortage of copper. That’s why it’s not priced in the stock market. Matt Badiali talks about the decline in copper prices, why the decline is not reflected in the stock market and why this is an ideal time for contrarian investors. (3-minute read)

XLK ETF: Jump Into the Computer Tech Sector Today

https://banyanhill.com/xlk-etf-jump-into-the-computer-tech-sector-today/

The stock market has been going through a volatility streak. Fear holds investors back and keeps them from profiting during bearish times. Chad Shoop doesn’t let fear hinder his gains. He talks about a strategy that has yielded high returns during the stock market’s volatility. (4-minute read)

3 Contrarian Ideas to Navigate the Escalating Trade War

https://banyanhill.com/3-contrarian-ideas-to-navigate-the-escalating-trade-war/

Uncertainty and risk have a strong impact on investors’ behavior. When volatile times hit the market, most are happy to avoid risky trades, cash in what gains they have and be safe. Contrarian investors see opportunity. They are happy to capitalize on the market’s volatility. John Ross shares with you three ways you too can profit. (4-minute read)

Recent Market Downturn Says It’s Time to Buy Semiconductors

https://banyanhill.com/stock-market-downturn-says-time-to-buy-semiconductors/

May was a harsh month for the stock market. The Trump administration raised tariffs on Chinese goods up to 25%. China responded by raising tariffs on $60 billion worth of U.S. imports. The slugfest affected a sector that powers many tech trends today. Most investors fear the decline. Charles Mizrahi talks about the impact these events have on the stock market. And why he sees this as a great opportunity to profit. (4-minute read)

Cannabis Shares Are Down — Buy the Dip With HMMJ

https://banyanhill.com/cannabis-shares-down-buy-the-dip-with-hmmj/

While investors fret over the slow death of black-market weed, it’s not something we should worry about. Anthony Planas talks about why now is a great time to invest in the marijuana sector. (2-minute read)

MEET OUR EXPERTS

WHAT READERS ARE SAYING..

I am up $20,070 in closed positions from Feb. 18 through March 7.

- Bob Rowe

I started your system in December … I am ahead $29,000 … I put total faith in you and your system and it has worked for me very nicely. Thanks again I sure like your humble approach about this whole thing

- Dale Leiffer

I have made a little over $4,000 while being cautious.

- Chuck Goss

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