Gold is closed right now. But here we are again just above that $1500 handle. If we can hold up above that level, we may see gold continue higher.

Gold RIGHT NOW

Thanks cfudge! You're right. That's the answer. I must have missed it. It's also confusing because the demo I'm using seems to be off in lot sizes. I may open a new one and go with 0.1 rather than 1 lot. $10 didn't seem right to me when my totals ...

Brent/WTI Hedging Strategy

Sorry helgastrxd. I had to take down the Trade Explorer from the top of this thread. It's my fault I didn't make it clear in the first post to start a new demo each week. Still waiting for traders to enter the zone and compete this week. Still a few ...

Energy Competition Zone (Demo)

I left the position overnight, so maybe I missed a chance to close. I'm still waiting for net profit. I'm still learning about this. I have a question. You say target $10 for each cycle in your initial post. $10 is based on what lot size? The $10 ...

Brent/WTI Hedging Strategy

US CPI Preview - September CPI m/m Core CPI m/m See recent impacts in past previews US CPI - June Preview US CPI - July Preview US CPI - August Preview Forecasts CPI m/m is expected to come in at 0.1% vs 0.3% prior. There's some expectation for a ...

High Impact Events Trading... Gold & Copper

The ECB meeting is the big one. I'm waiting until closer to the event to preview that one. We'll have more information and a better idea about what the market is expecting tomorrow. US CPI is due out at the same time as Draghi's presser. Volatility ...

High Impact Events Trading... Gold & Copper

Interesting strategy. I've created a Trade Explorer in order to test this: url First trade initiated! So if I understand correctly, I'm waiting until I see net profit of $10. Then, close both positions? Then keep doing it?

Brent/WTI Hedging Strategy

EIA data is coming up and draws in inventory are expected again. I posted a preview for it here: EIA Weekly Petroleum Data - Sept 11th Preview

Oil and Natural Gas

EIA Weekly Petroleum Data - Sept 11th Preview Crude Oil Inventories Distillate Inventories Gasoline Inventories Forecasts Crude oil inventories is expected to show a draw for the fourth consecutive week, around -2.7M. Distillates inventories could ...

High Impact Events Trading... Energy Edition

As always, great preview Vorenzd! The headline PPI forecast is 0.0%, but we may see a slight surprise higher, if any. Even at 0.1%, it shouldn't trigger too much from the market. Any deviation from the 0.2% core PPI forecast would probably be lower. ...

High Impact Events Trading... Gold & Copper

Right now, Gold futures is breaking back above the $1500 handle.

Gold RIGHT NOW

Crude making new session lows. Moving lower after the SFHE open.

Sweet, sweet Oil

Some very heavy volume buying gold at the SHFE open. Usually a bullish sign.

XAU/USD & XAG/USD - Gold & Silver Traders Thread

I see Natural Gas headed higher in the next few months. When it comes to Nat Gas it's weather, weather, weather. My bullish bias is based on a colder winter in the US and Canada. The 2019–2020 winter forecast came out last month from The Old ...

Nat Gas anyone?

As far as the seasonality aspect, it's all about the weather. But I found it interesting that, Nat Gas seems like it takes a direction around this time every year. image

Nat Gas anyone?

Gold and Dow futures have been diverging, which makes sense in a risk environment. What's surprised me is that it's gold heading lower while equities hold on to gains. I'm long term bullish on gold and I think the US equity markets are overdue for a ...

Gold RIGHT NOW

I agree with your sentiments about the potential correction. In fact, I made a post yesterday very similar to yours in mentioning the weekly TF. That 1436 level you have on your chart could be where it's headed. Here's an updated weekly chart of the ...

Gold RIGHT NOW

I've been very bullish on gold because of all the uncertainty around the world. Even if US-China trade relations improve, there is still the global slowdown, Brexit, Iran drama, etc. That's why yesterday I was surprised when it broke down the way it ...

Gold RIGHT NOW

Gold (GC futures) right now, is holding under the $1500 handle. Looking like a good short.

Gold RIGHT NOW