The best way to trade gold buy far is on mini-contacts...
The way that I have been doing its by buying $33.5 mini contracts on dips over the past week....
I keep stop at high but reasonably safe levels ($925 at the moment).
If you buy the bars at say $900/oz and intend on selling at $1200 you will get a 33% return on your earnings.
A single $33.5 mini contract bought at $900 with put a stop at $850 will require a magin cost of $1675 (33.5*50). If gold hits $1200 the return is $10050....
or a 600% return...
Liquidity is also higher than bars or coins and is also possible to make some extra returns shorting on any retracements along the way.
