Chris Vermeulen: Gold Stocks Are Overbought. You Don’t Want Prices to Go Straight Up.

Professional trader and market commentator Chris Vermeulen says gold stocks are overbought and need a breather which would be good for the overall upward trend. Chris shares how he has and is trading the junior gold sector. He called the recent February 24th top in the gold stocks before the March crash. And now he is wanting to top of some gold stock positions during an expected pullback. Chris also address whether a lot of the gap-up’s in many gold stocks must be filled before they can run higher. This interview is full of advice from an experienced trader in the gold sector. 0:15 Introduction 1:25 Do these gap-up’s in the charts of many gold stocks need to be filled before they can go higher? 3:14 Liquid companies more likely to get their gap-up’s filled? 5:23 Chris called the Feb 24th high in the junior gold stocks 7:32 How do you time your entry into and exit out of tiny gold juniors? 11:03 What type of pull back in gold stocks should we expect? 12:37 How Chris approaches riskier trades 15:10 Navigating trading the futures market 16:22 How are you trading oil? 18:38 Extreme volatility leads you into cash? 20:00 CAD to trend lower against the USD? 21:12 Do you close your trades before a long weekend? 22:41 What makes your trading service unique? Chris’ website: https://www.thetechnicaltraders.com/ Sign up for our free newsletter and receive interview transcripts, stock profiles and investment ideas: http://eepurl.com/cHxJ39 The content found on MiningStockEducation.com is for informational purposes only and is not to be considered personal legal or investment advice or a recommendation to buy or sell securities or any other product. It is based on opinions, SEC filings, current events, press releases and interviews but is not infallible. It may contain errors and MiningStockEducation.com offers no inferred or explicit warranty as to the accuracy of the information presented. If personal advice is needed, consult a qualified legal, tax or investment professional. Do not base any investment decision on the information contained on MiningStockEducation.com or our videos. We may hold equity positions in and/or be compensated by some of the companies featured on this site and therefore are biased and hold an obvious conflict of interest. MiningStockEducation.com may provide website addresses or links to websites and we disclaim any responsibility for the content of any such other websites. The information you find on MiningStockEducation.com is to be used at your own risk. By reading MiningStockEducation.com, you agree to hold MiningStockEducation.com, its owner, associates, sponsors, affiliates, and partners harmless and to completely release them from any and all liabilities due to any and all losses, damages, or injuries (financial or otherwise) that may be incurred.