Gold Trader, Just confused at your levels you post, are u saying u are short at 649.20 with a 652.50 X That would imply that you are tarding february...........the active month is april now, that is where the liquidity is........... You posted before: Gold Trader Registered: Jul 2006 Posts: 206 02-08-07 08:09 AM short @ 649.2 stop @ 652.5 target @ 642, 637
I think he trades the cash ( spot ) market spot gold got as high as $666 today ok ... all you nostradamous types what does that mean ?
thebulliondesk is showing gold and silver alot lower post G7 meeting but this could be a typo ... I will take a look again tomm.
perhaps this news item is making someone a tad nervous www.bbj.hu/main/news_22488_imfs+de+rato+says+g-7+countries+open+minded+on+gold+sales.html
now prices are unchanged to a tad higher I wonder what volume has been if we really went $10-11 lower and back to unchanged in 24 hours in spot market with futures closed
You know... Oanda's price hasn't changed one cent since Friday's close, $665.60 / 668.10. That's the normal weekend spread, $2.50 (up from $0.40+ on weekdays), in effect from 3:45 pm EST sharp every Friday until late Sunday afternoon. Besides them, where else, if anywhere, is spot gold tradable on weekends? Tradable, as opposed to quotes displayed.
Tradable weekend spot... SethArb? Anyone? Buehler? Buehler?... Unless someone speaks up, I'll have no choice but to continue to believe that it's limited to the big O, just like in currencies. Whatever you were looking at, SethArb, was just for giggles.
well, the spot mkt unofficially closes when the futures mtk closes, so i would not trade spot when futures are closed. Cash dealers use futures a lot to hedge their transactions. the arb between cash and futures are tightly controlled because of this..... but u can trade spot gold proabaly at CMC markets