Gold and Silver calls have been atop our performance leaders for most of the summer and fall. The purpose of this update is to summarize the multiple call positions taken in the PRO Service, including Premium Service picks as well, which together allow for option expirations in November, December and January. Once past the election, we will look toward longer term expirations, but for now having positions expiring in each of the next three months will suffice. GLD & SLV Calls PRO Service Premium Service Positions CHARTS The charts below illustrate pure pattern recognition trade strategy, using EW breakouts and Fibonacci extensions to provide targets for immediate price appreciation. This combination has been mostly right, keeping us heavily long the sector and buying out-of-the-money calls 60-90 days out. "If it ain't broke, don't fix it." GLD GLD The smaller degrees of trend on this chart makes for a more speculative projection into the future, but also the most bullish. Still, the weight of the evidence is pointing toward GLD $300 early into 2025. SLV
