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Re: Gold Traders: Where Is Gold Headed?
What types of traders?
All kinds, syndicates, floor traders, speculators, hedgers, tip takers, etc.
I have no clue what fundamentals moves gold but if you're wrong, you're gonna have to offset your position with an opposite order which adds fuel to the fire of the direction.
If you can stomach the moves, gold is a pretty good product to trade intraday or swing.
Gold is inversely related to the USD. Gold up USD should be down, etc.
Last edited by wsam29; 01-29-2007 at 03:07 AM.
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