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

Easy Way to Watch Gold & Silver *PIC*

Here is a simple way to watch Gold and Silver. This is CEF that holds 55% Gold and 45% Silver bullion. Trades on the AMEX and TSX. Nice 3 year uptrendline that was tagged successfully in late December but also a downtrendline going back to the August highs. A breakout or breakdown will determine the next direction. Meanwhile trades can be made within the triangle using support and resistance points. Silver tends to lead Gold so this chart should serve as a good guide either way. And it's just one chart to watch that should give a heads up on the precious metals group. CEF can also be bought or sold in most any self directed trading account as well just like a stock. And it's cheap unlike many other choices in this group.