GOLD 28.07 is really a financial pair as @highlandlad pointed out in the opening remarks above it is the inverse of the USD. The good thing about this is that gold is also a tradable commodity which allows traders to put on small basic trades to scalp and on the five star parabolic setups allows traders to scale up and make some good money. As @paddington bear pointed out in his notes today gold was breaking out of the upper channel in the past week so this is where I will be focused this week to see if there is any opportunity to trade gold ETF's this week. There are a few gold ETF's listed on the ASX.
