Gold
Trading Gold
I trade Gold index using the GC future traded on NYMEX, which represents 100 troy ounces of Gold (1 full point = 100 USD, 1 tick = 0.1 points = 10 USD).
Alternative ways to trade Gold are buying physical gold, buying gold on the cash market (through a forex broker), using a tracker like GLD or using options.
Below you can find the most recent posts about Gold, the complete content of which can be seen by clicking on the titles or the 'Read More' buttons.
Gold (GC) Daily July 07, 2010
The daily chart of the continuous Gold future shows that the swing short I took a bit more than a week ago is doing well, and that price is fast approaching the lower line of this large green channel
Gold (GC) Weekly June 27, 2010
The weekly chart of the continuous Gold future shows a hanging man near the upper line of this huge red pitchfork. Together with the clear negative divergence on some popular indicators, this recent rally could provide a nice swing short entry (with stops above 1310).
Gold (GC) Weekly June 17, 2010
My weekly chart of the continuous Gold future shows where the 1310 mentioned in my previous update comes from, and why I'm not trusting the long towards there.
Gold (GC) Daily June 14, 2010
Gold (GC) Daily June 04, 2010
A quick glance of the daily chart of the continuous Gold future shows that price keeps bouncing of the gray trend line. No trade for now.
