Saturday, August 8, 2015

Gold Traders: Get Ready for a Short-Term Rally

When it comes to trading gold, it pays to watch what commercial traders are doing.
Commercial traders are the so-called "smart money." They're merchants, miners, explorers, or bankers in the gold business. They use futures contracts to hedge their exposure to gold and protect themselves from adverse downside moves.
And right now, the "smart money" says we should expect at least a short-term rally in gold...(more)

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