Welcome to the TFC Commodity Trading Forum.
Please feel welcome to join in on these informative ongoing discussions about trading futures and commodities.

The Trading Forum is intended for the open discussion of commodities trading. The management of this Forum does not agree or disagree with the ideas exchanged, and does not exert editorial control over the message posted herein. Read and post at your own risk. The risk of loss in trading or commodities can be substantial. We discourage the use of this Forum to promote trading that is acknowledged to be risky. Please note: many links from the Forum lead to pages on other web sites. We cannot take responsibility for nor endorse the information presented on those sites.

TFC Commodity Trading Forum

Re: Gold - This is the Week!

wow.
After much consideration I did reverse most of my position in metals earlier today.
It is reassuring to see Bob Hoye's advisory team looking for a turn...
But I can't help but consider a big 'unless' in these reports...man o man these charts are UGLY...lol...so I guess it will be VERY bullish if we hold here...
But I do still see the possibility of complete and udder destruction to the metals in the next few days....so I am going to hold a couple cheap out-of-the-money puts just in case.....