The line that marks the danger zone for gold bulls

John C Burford pinpoints two critical levels for gold as it approaches the danger zone, and foresees major volatility ahead in the market.

These are great times to be trading the markets. One reader wrote in to say he's recently taken a cool 4,000 profit points from three trades on the Dow thanks to his Elliott wave analysis.

That's testament to what's achievable when you get the hang of this. So keep reading. You can do it, too! In MoneyWeek Trader and in my workshops and videos, I'm committed to helping you get there.

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John is is a British-born lapsed PhD physicist, who previously worked for Nasa on the Mars exploration team. He is a former commodity trading advisor with the US Commodities Futures Trading Commission, and worked in a boutique futures house in California in the 1980s.

 

He was a partner in one of the first futures newsletter advisory services, based in Washington DC, specialising in pork bellies and currencies. John is primarily a chart-reading trader, having cut his trading teeth in the days before PCs.

 

As well as his work in the financial world, he has launched, run and sold several 'real' businesses producing 'real' products.