Quote from nellspot:
Im not sure I completely understand the way the Gold contract works. Im talking about the 100oz cBOT specifcially.
If so, when is the best time to begin trading Gold.
Thanks!
D
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MR SPOT;
Having traded gold, silver, spot silver, spot GOLD ... FOR DECADES;
USING THE front month [or volume contract] for price/printed candle chart/data . I dont completely understand everything about any of those markets, & never will...

LOL
But then again, watch this for 7 years, 72 hours a week;
its called ''trend following''
not ''trend figure it all out.''

Note those different names!!
Good thing I learned to trade... spot silver,spot gold, silver , gold NOT using a $250,000+/silver contract. Futures are great for hedging , even though Barrick [Gold]lost a bout 2 Billion bucks hedging gold futures contracts. And thats a great co; not a stock tip.LOL
All of us started out ignorant;
leverageing ignorance with a derivative gold contract is most ignorant of all-hope this helps,that wisdom helped me a lot. Again to re-peat, repeat, do print/ponder many gold silver [front or higher volume] daily, weekly, monthly...contracts.