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sure looks like da boyz are trying their best to beat down the metals. problem is there are plenty of bids waiting to enter from the long side. they could probably push down cash gold to 683 and silver down to 13.90 max before buyers step up imo.

did anyone here say anything about a crash? the commodities bull is about much more than just the dollar. spend some time to figure it out on your own.

CL. Newer traders that want to try out Crude without getting completely wasted on their first trades should use QM first.

As long as TAS trades on CME Globex I don't see why they wouldn't?

"So far the Dollar Index has tested the 80 level five times in the past: 1978, 1990, 1992, 1995, and 2004. On several of those occasions it took massive, coordinated interventions by all the world's central banks to rescue the dollar. However, given the enormity of today's imbalances and the...

nope. no bubble, far from one developing actually. inflation adjusted gold price should be around $2200. gold/commodities were in a 22 year secular bear market and we are now about 5.5 years into a secular bull market, there will continue to be significant price appreciations in Energy...

finally a break over 680. It seems that every major platform entails a battle amongst the market players. The next battle to be fought appears to be at 690 sometime next week. USDX is on the verge of a major breakdown it appears. The gains in the Euro, Pound and Aussie look very impressive...

i believe the main advantage is here is direct connectivity to the exchange vs. trading over the public internet. Trading on their virtual floor would likely get you quicker fills and greater visability into market depth.

good move! physical is a must have imo. the price capping issues are actually short term in nature. the boyz can't seem to hold it down much after years of suppression. if you bot futures though, I am cautious on upside tommorrow. the hourly looks pretty negative with the three smackdowns at...

for some products the floor will still be around. Grains, Energy, Metals, Bonds will still have open-outcry for sometime. index equity pits and NYSE specialists seem to be slowly withering away though.

Gold failing to exhibit strength even in the face of stronger Crude prices, a breakdown in the USDX and with rebounding equity markets. Not a good sign. Copper seems to be backing off so we could see a solid selloff in the metals complex any time now.

Gold and the Euro seem to be moving in tandem for quite sometime now. With the XEU trading right up near 1.35 resistance, it is quite possible that we will some initial reaction on the ECB meeting release tommorrow. If they leave rates unchanged and don't utter some hawkish tones then the XEU...

GLD looks likely to pullback to the 50MA or about $10-15 lower from today's close.

i'm with ya! I've got two accounts that i trade the metals in. One for scalp/swing and another for position trades. My scalp account has been outperforming the position based account since february by a huge margin. Case in point, without strong momentum in either direction, the better money is...

USDX looks just terrible right now. I think any close under 82.30 opens the door to sub-80. This could happen as soon as the ECB meeting ends. XEU looks ready to break much higher. Not sure if the ECB tries to step in at 1.35 or not? The chart on the gold daily forex is looking a bit more...

yep, still choppy action in the past few weeks. I only use the gold/silver contract when periods of high momentum are present. Right now, if GCM can close over 680 for the pit session then we finally open the door to further gains. It took about 3 weeks to get a $25 advance in the gold price so...

funny how things change in only a few hours... momentum continues to lag here @ 676. a bit disturbing action in gold is the selloff alongside Crude today. When Crude moved from 60 to 66 a while back, gold did not respond at all. Copper has also been showing very good RSI with Momentum lately...

there seems to be a similar sentiment among the gold related message boards to the action from last spring. Everyone seems to be waiting for a pullback to enter on the long side or to cover thier short. Few players are confident in this intermediate rise. In my view, there may not be many...

its looking more likely that the catalyst for a gold move to over $700 in the coming days will be attributed to further USD weakness. uncle buck looks about ready to challange the early '05 lows. NFP report might give it the final shove overboard.

there's a good chance that silver will close in on 14 next week. my target for silver on this move could extend to 16.5-17 depending on seasonal demand. July Silver is good to hold if you intend on staying long for a while. I stick with the May contract as I will likely sell SIK7 when the target...