my first GOLD trade

Quote from SethArb:

on your second trade sir

if gold gaps down and opens sub 402

tomm what is the lowest price you might go short at?


thank you. 3073 should it gap thru my short level.

best,

surfer
 
Quote from garbo:

It's makin' me nervous when I see you short, marketsurfer.

I've been long YG since last summer and was not planning on going flat here.

I'm in this one for more of a long-term hold.

What is your time frame and stop?



don't be nervous. i know nothing about metals and am in a learning process here, as you can see. :D

surfer
 
Hey guys nice to know even though you don't know anything about commodities , you are willing to give it a shot. Gives me a boost of confidence to see you say that.. anyways what platform do you guys use to trade commodities and any that you recommend? I am not aware of commodity commissions, could you give me a rough ball park figure of what I will be dealing with? Thanks.
 
Scottish referendum is weighing on Gold , also Geopolitical tension has been decreased so there's a little appetite on Gold long. Perhaps it could see 1200 level in near future once again.
 
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