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TFC Commodity Trading Forum

Gold, Dx ??

Hi,

If Gold can't hold up here 1450/51 may be time for a short.

Also, Dx is poking at pretty low ground and to me, the direct trading volume of the DXM11 contract seems awfully high !! Too high for it to be NEW SHORTS coming in this morning. Looks more like a bit of careful "house cleaning" going on.

If Gold settles back to 1448 I think I will short it.

Similar thought with Corn. Having hit 766 it now seems to be stuck below 763. I may short that if it breaks below 760.

Thoughts ???

Lee

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Gold, Dx ??

 
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