GOLD 0.51% $1,391.7 gold futures

gold, page-1545

  1. 7,791 Posts.
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    Gold, as a commodity is treated like any other by market makers and people much smarter than I am. While you may not understand why gold (because you think it's valuable) does not behave in a way you understand, the one this you should always understand is if the price is hitting a high then it's probably going to be sold off. If it's hitting a low then it's probably going to be bought up. All the news that occurs causing the commodity to fluctuate between these two points are the indicators to when you are buying and when you are selling. Gold is no more valuable than water if you are selling in the right market. You just have to be able to read the indicators. It's about making money, not on some preconceived idea people may have towards the asset.
 
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