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High Impact Events Trading... Gold & Copper
Started Jun 3, 2019|Interactive Trading|417 replies
In this thread, I want to focus on upcoming high impact calendar events. Any event-related ...
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EventsTrader replied Jun 3, 2019This rally in gold was started after last week's US GDP data. But I think the biggest driver has been the Mexican tariff news and ongoing related drama. Take a look at this rally since Friday: image
Tariffs, trade war, and gold
- EventsTrader commented Jun 2, 2019
The majority of the decline taking place in the month of May. While there's still some downside risk, China's stimulus measures is making it tough to call a direction. It definitely looks like the momentum is favoring a move lower.
Copper set for steepest monthly fall in 3-1/2 yrs amid demand worries
- EventsTrader replied Jun 2, 2019
Interesting strategy. While I agree that it's wise to have a certain amount of a portfolio in tangible assets, I don't have any strict guidelines I apply to my own. If I were to put it in percentage, it would probably be less than 10%. I own some ...
Anyone own physical Gold?
- EventsTrader commented Jun 2, 2019
I'd agree here. It's best to be cautious ahead of the jobs data this coming Friday.
Gold Price Forecast - Gold markets break out
- EventsTrader replied Jun 1, 2019
China's Caixin Manufacturing PMI is on deck. Sunday data tends to have lesser impact. I'll probably stay out, but I'll be watching in case of a weak report. If copper starts to sell, I want to be ready. This one is interesting. The impact has ...
Copper for everyone