OffTheFloorTrader

Weekly View of Goldie

COMEX:GCZ2015   GOLD FUTURES
82 6 1
NOTE: If you haven't looked at the daily chart of gold             we posted...please do so before reading this further. Now that Goldie has founds legs we have two weeks of buying at the bottom which could mean they will test the upside range. The erratic behavior is an indication that one side will take control and when they do it will run. LOOK AT your weekly and monthly charts to help. This weekly (with a couple of hours left in the week) is giving us hints that we could break to the upside now. If the bears eat up the demand at the bottom of this weeks low then look out below. Keep Goldie on your watch list. Enjoy the weekend.
This is going to be interesting as we go in to the historically strong season for gold.
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OffTheFloorTrader Justiceisfalse
I agree...we could see some fireworks soon. Have a good trading week.
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Justiceisfalse OffTheFloorTrader
I have my sights set on NG for the seasonal trade.
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OffTheFloorTrader Justiceisfalse
Ok...We don't trade NG so I can't speak to that but we hope it works for you.
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Justiceisfalse OffTheFloorTrader
NG is a beast. Looking at something like this:
snapshot
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OffTheFloorTrader Justiceisfalse
Nice looking chart...the contract is a bit thin for us but it looks good. Keep us updated.
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