I haven't paid that much attention to the silver contracts in the evening, but I have occassionally done what I think you are suggesting in gold....
Didn't the ECB just announce a large sale of gold took place on June 23? 30 tons or so. If it wasn't their sale directly, maybe someone...
The margins were lower and that attracted traders. However, the volume is so low at this point CBOT is almost untradable for daytrades and scalps....
You can get free real-time charts from netdania.com, or you can get a paper trading account from Oanda and they will give you realtime charts....
There is plenty of liquidity in GC. I can't speak to xau/usd. They track each other very closely but GC seems to overshoot S/R more often. It...
I did not make an argument, just stated a fact. But, I agree, if oil drops dramatically (and inflation does the same, along with the dollar...
According to several of the major gold mining companies, the current cost to produce an ounce is about $700. Gonna be a bit hard for gold to...
Be careful. The volume on YG has fallen dramatically and stop running happens frequently. Charting is almost impossible because of the spikes....
When trading anything longer than a scalp, I use spot charts for S/R and trendlines. I have found continuos charts to be practically useless and...
Am I missing something or should the gold bulls be jumping on this bet? If someone were to take Sinclair's bet and then immediately buy 15...
Loan shark? Why not just buy YM or ES?
Exactly. Why tie up more money than is needed to achieve your objective. Might as well have the money working for you somewhere else.
It would be interesting to know the net worth of Elite members. Account size may not be a very good indicator of financial skills. For example,...
It took me about 6 months to get it back. During that time (and actually while I was losing money), I read quite a few books and spent a lot of...
I lost 20k in my first 6 months, 35k in my first year. I suppose many would have given up, but I got pissed. But more importantly, I got...
$300 is not an excessive fee to prepare a tax return for a trader. Trader returns are a pain in the ass and only one in a fifty accountants...
A double/triple top is, of course, a possibility, but, gold just broke out of a symetrical triangle - usually a continuation pattern. If the...
Do you have anything besides rhetoric to support your analysis? I have been trading gold, quite successfully, for a while, and I see it a bit...
My vote is AHG.
Thanks for the reply. I'll check the charts out tonight.
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