Palladium is the one metal that's in backwardation now: image The futures curve has a tendency of being right so I'd have to be bearish on that basis alone.

Palladium trading

It was a joke guys. Accidentally being up 200% is meaningless. I only mentioned it to illustrate how much of a factor luck can be, I don’t deserve to win anything because of it.

Metal Competition Zone (Demo)

Thanks for your insightful post! If you wanted to get long gold, how would you do it at this point? Wait for a retrace? I'm tempted to scale in from now to the 1,350s using a 1,345 stop. A 1,35x entry would give a beautiful R:R and afford a large ...

The Skenobi Speculations - The Gold Market

This was key. Trump commented on Powell which nudged the 10y below 2% and 30y below 2.5%. Interest rates breaking below those key levels moved everything and is largely why gold broke out when it did.

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

This actually worked out for me: image All skill. It's not like I just had an inkling gold would go higher, feebly executed the trades after fumbling around with MT4 for 10 minutes, couldn't ...

Metal Competition Zone (Demo)

Yeah, I'm leaning towards platinum. Although, I'm questioning how valuable platinum will really be in the future with the way it has been over the better part of the past decade. In 20 years I don't want my son to look back and say "thanks for the ...

Bullion coins from around the world!

I'm working on an economic model that would illustrate where we're at now versus previous business cycles. I believe past cycles serve as an excellent guide for the future and is my primary guiding light towards investing. Based on all the data I ...

Metals (data) Mining

You're right, I'm surprised there's a 21% chance of a cut tomorrow. Tomorrow is going to be a big day no matter what they do.

High Impact Events Trading... Gold & Copper

Right back up: image I think the mean reversion trade is in full effect until the FOMC. I'd look to fade any moves like this.

Gold RIGHT NOW

Wow, nice work Metallurgy!

Metals Calendar MT4 Indicator

Thanks bulltrap! I'm going to do a 2019 gold or platinum American Eagle. Think I'll pass on the bottle and pacifier.

Bullion coins from around the world!

What kind of R:R are you looking for?

Gold RIGHT NOW

Nice write up! The Fed, along with everyone else, wants to see what’s going to happen between Trump and Xi at the G20. The outcome may affect their policy, but they’re probably not going to do anything in advance. I think this FOMC meeting is all ...

High Impact Events Trading... Gold & Copper

A tried and true sales strategy. url

Bullion coins from around the world!

Yeah, I don’t think anyone wants to put on new positions ahead of the FOMC meeting. Tomorrow will probably be another relatively quiet day.

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

Right now I think gold traders need to keep an eye on the 10y. Check out the below charts: Gold image 10y image The 10y keeps hitting resistance at the same level. The two are obviously highly correlated so in order for gold to keep marching ...

Gold RIGHT NOW

Thanks Don! Yep, there's an added degree of difficulty with options. I've been in a number of situations where my underlying thesis was correct, but I still lost money with options. A lot of people sell indiscriminately and manage to make a ...

How do YOU trade?

I was reading an article over the weekend and came across an interesting chart. The chart below shows market expectations of the fed funds rate at different times: image As you can see, the market is wrong A LOT. My point here is that the market ...

Metals Outlook: Cash and Futures

Thanks dweb! What are your thoughts on real interest rates as a driver for gold? PIMCO put out a good article claiming real interest rates are the single most important factor in the price of gold. Fundamentally it makes a lot of sense that real ...

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