$Gold - Seemingly plotting a divergent

    Posted by SaharaCharts on 31st of Jan 2020 at 01:07 pm

    $Gold -

    Seemingly plotting a divergent Bear 'Wedge' from the Bull Plot Obj...

    Added another Trailing Stop. Recall also to utilise the Std/MA's for tighter exits...

    Spot gold has been running

    Posted by rwbutcher2020 on 31st of Jan 2020 at 01:12 pm

    Spot gold has been running a $10 premium to active futures all day. Do you think that is significant?

    Main difference as far as

    Posted by SaharaCharts on 31st of Jan 2020 at 01:31 pm

    Main difference as far as I know for spot and futures prices are the delivery dates...And I know here in London there are issues with physical settlement in Palladium so whether this has had a contagion effect for spot price/?

    https://www.ft.com/content/0cbe9b3a-3df4-11ea-a01a-bae547046735

    Spot Silver is up about

    Posted by rwbutcher2020 on 31st of Jan 2020 at 01:52 pm

    Spot Silver is up about 20cents and active March contract is up 4??????

    A $10 spread is way

    Posted by rwbutcher2020 on 31st of Jan 2020 at 01:49 pm

    A $10 spread is way above normal. Further out in time should trade at a premium to spot, not a discount to reflect the cost of carry (insurance, storage, etc.)

    and also it should be

    Posted by matt on 31st of Jan 2020 at 01:12 pm

    and also it should be pointed out gold is not running away here with what's going on, and GDX is up 25 cents.  let's say the market were to find a bottom next week would gold then sell off is the question?

    doubled up my JDST shares

    Posted by RP on 31st of Jan 2020 at 01:14 pm

    doubled up my JDST shares and bought another 100 puts in the money on gld did at the highs this morning. who knows with virus but all my  ibicators say we head south so any good news and should get a nice move down on gold.

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