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How Gold Is Being Traded Now

In this video, Michael Martin takes a look at how a few different trading systems would be long December Gold using the new FutureSource charting capabilities. Click the lower-right corner to enlarge the video.

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  • nat

    Martin Do you really think much money is being traded on such short term trend systems? i thought most the trend followers traded much longer term signals.

  • Anonymous

    My guess is “yes” but I think it would be hard to prove in a court of
    law. You might be able to see for yourself by looking at the volume on
    those specific breakout and crossover days.

  • Manuelbravochico

    Hi Martin,
    Stop loss selling in GC followed by new highs? Today felt like a shakeout of weak GC longs….

    Manuel
    Brentwood,Ca

  • Anonymous

    Sure. GC Z0 has been making new weekly highs since August without a
    significant wave of profit taking or new shorts. My guess is it will
    settle in and range a little before resuming the uptrend.