GOLD 0.51% $1,391.7 gold futures

any more opinions, page-6

  1. 1,534 Posts.
    Margin rates are changin for metals and US stocks with IG Markets.

    The margin required will be higher by the 25March..

    I imagine other brokers will do the same.

    This alone could calm down the volatility at the moment.

    Looks like we are for a small correction downside over the coming month.

    I am little suprised as I thought we would have a dead cat bounce but I have been wrong before.

    My GOLD trades stopped but I am now still alive with SHORT's currently in at around 50points higher than the current price.

    I am expecting OIL to sail back down to around 88dollars as demand will step down a little and USD is looks set to range around 155-15250 mark.

    Another rate cut in June expected for another 50points in the US.
 
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