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MarketWatch reported that “pocket pivots” signal the best timing for investing in gold and silver.
MarketWatch reported that “pocket pivots” signal the best timing for investing in gold and silver.
As quoted in the market news:
Pocket pivots essentially provide a tool that traders and investors can use to gain early entry into a narrow-based ETF such as the SPDR Gold Trust or iShares Silver Trust , or an individual stock…This approach has adhered to the principle of “buy it when it’s quiet,” and so pocket pivots fit the bill quite nicely as “quiet” buy signals within a stock or commodity ETF’s consolidation that generally occur when nobody is looking.