That’s why he is a great trader!
In his blog, Peter Brandt suggested that the next move in Gold could be a big down move giving a decline of $250. This was on May 30.
Two days later, on June 1, in his chart updates on Gold, found here, Peter says that Gold may be showing signs of a big breakout on the upside.
Mr Brandt changed his views on Gold, because the charts changed. This is a point that many novice traders do not understand.
And, chart action may change once again, which means that the trader will change his views.
Have a great weekend!