I'd like to see your gold/S&P charts with a US interest rate overlay.
These markets are abnormal. They are the creations of Central Banks. What is the past may not necessarily be the future. I'm playing what I know and waiting for the abnormal.
Anyway, if you think gold is in a downtrend why not risk a few bucks there. I have a simple strategy with GFT.
I buy one gold mini cfd now with buy orders for 2 cfds at 1300, 2 at 1400 2....etc cost id $50 to set up and if gold falls to 1215 you've lost $50 and if it rises....you get the picture
