We were sellers at 1398. We also sold 10 lots away at 1399. Either the Gold will get turned back at 1400 for a retest of the 1382 area -- or if we get above 1400, look to sell the Gold again in the 1407-08 area.
For the rest of this column of commodity futures trading recommendations, go to Market Analyst/ Independent Trader Al Martin's website CLICK HERE Insider Intelligence
* AL MARTIN is a market trader as well as an independent political/ economic analyst with 25 years of experience as a trader on NYMEX, CME, CBOT and CFTC. He is considered to be a source of independent analysis for financially sophisticated and market savvy investors, as well as subscribers who want to understand the behind the scenes working of markets worldwide.
Check out Al Martin's website Insider Intelligence which provides weekly commodity futures trading recommendations.