Another quiet weekend so far. We might be looking at a slight gap higher at the open based on the DJIA: image

XAU/USD & XAG/USD - Gold & Silver Traders Thread

Any idea how liquid the nickel market is?

Metals Mash Up

Right now I'm thinking gold's in store for a quiet few days. I doubt many traders are going to want to initiate new positions ahead of the FOMC next Wednesday so we're probably in store for some range bound trading.

Gold RIGHT NOW

Thanks for sharing, I always enjoy watching these videos. They produce some good quality content.

XAU/USD & XAG/USD - Gold & Silver Traders Thread

My long-term model is about half-way bearish for stocks now. I'm still long, but will be looking to exit once a few more bearish items on the checklist are met. It could come in 3 months or another 2 years, can't make a call on that yet. I don't ...

High Impact Events Trading... Gold & Copper

I'm slowly trying to transition away from Excel. Some of the nested IF statements I'm using are getting a little ridiculous and what I'm doing is probably better coded. Plus, coding has a lot of other use cases beyond data analysis. I studied Python ...

Metals (data) Mining

Downloaded R tonight and looking forward to playing with it. image Its funny how it started off as an academic tool and now its become part of the industry standard set of tools for data science. I've heard enough good things about it now ...

Metals (data) Mining

I don't think there's enough they can do. They might temporarily succeed with added accommodation, but what happens when the US dips into recession next year? I see the barometer falling and really don't know how they're going to weather this storm. ...

High Impact Events Trading... Gold & Copper

Want to hear a really bullish theory I've been tossing around for gold? So the next global recession is probably 12 months away. CBs will lower rates, but the lower bound is going to be maybe -1%. So to provide additional accommodation they'll ...

Metals Outlook: Cash and Futures

There's no shortage of good choices. If I were to start a new account I'd probably look into TastyWorks too. They're new and I'm wary of new brokers, but they're by Tom Sosnoff who created Thinkorswim. Obviously they're going to cater to ...

Best Futures Brokers

image

Picture Tennis (metals edition)

Absolutely. As a guy who trades based on fundamentals, my whole ability to make money is simply from having a more accurate forecasts than the rest of the market. Half the battle is coming up with a good forecast, the other half is sticking to ...

Gold RIGHT NOW

Wow, he didn't waste any time walking back expectations! Looks like there's still a lot of money to be made fading the 50bps guys. I think you bring up a good point. The market has a tendency to get caught up in certain sentiment from time to time. ...

Gold RIGHT NOW

We know the Fed doesn't like to surprise the market... If they're going to cut 25bps they're going to need to reshape market expectations first. We should see some (relatively) hawkish speeches coming up next week.

Gold RIGHT NOW

Wow, thanks for sharing. I was just looking at the CME watchtool a few hours ago and it was 30% for 50bps and 70% for 25bps. Things certainly have changed! You're probably right about gold falling on a 25bps cut. The thing is, we might get a 25bps ...

Gold RIGHT NOW

Astute observation tush1822!

XAU/USD & XAG/USD - Gold & Silver Traders Thread

Yep, the higher lows we've been seeing make me suspect a breakout here. As we know, bonds and gold are closely related. Gold (bottom) is coming up on resistance, but there's plenty of room above for bonds (top) to run. Without the bond resistance I ...

Gold RIGHT NOW