It’s Time to go All-in on Gold and Silver
Last week’s Gold and Silver trading was very educational and could be a pivotal point in the recent Gold downtrend. Let me explain, but first I need to share what a professional commodity trader (PCT) does for a living. He/she makes their living by trading commodities on a short term basis. Whether it is grains, currencies, or precious metals, they identify an opportunity or timing and then either buy (go long) or sell (go short) on an actively traded contract with the hope of profiting in a few days.
Such a specific opportunity occurred on Monday when professional commodity traders came to the conclusion that with Asian markets closed to celebrate the Lunar New Year holiday,
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