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The Gold futures markets are an important part of any futures traders portfolio. At Traders Agency gold futures is an important asset to invest in when trading, We teach to follow the pattern understanding proper risk managment. In 1974 the very first gold futures contract was traded via the COMEX in New york and since then it has grown in substantual popularity.
Gold futures are offered in 100 ounces, 33.2 ounces and 10 ounces, and are an alternative to bullion coins and mining stocks.
Preparing for a Bullish Break in Gold Futures
Good morning, Daily Direction readers! Today, we’re looking at the Gold Futures (GC) market, as it could be setting up nicely for a bullish U-turn on the daily timeframe. First, however, let’s recap where GC is on a longer-term timeframe… On the monthly timeframe chart, GC is in an uptrend and is making higher highs …
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