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Gold

4/24/2020

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I was looking at gold and studying why it is lower today.  I noticed that just before 10:00 this morning that somebody had dumped 8707 contracts.  The metals contracts are heavily manipulated and it would appear somebody wanted to try to keep gold pinned below 1750.  
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So now I am not so sure if 1800 will be a real possibility this daily cycle.  I am tightening up stops to 1730 on all gold positions. 
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  • Home
  • Speculation
  • The Pit
  • Resources
    • Futures Contract Specs
    • Tools
    • Terminology
    • Past Trade Performance
    • Crop Overview >
      • Corn
      • Soybeans
      • Wheat
      • Supply/Demand Factors
    • About
  • Disclaimer