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Friday, December 8, 2023

Gold Silver Copper Metals Trading Competition Next Week

StoneX + CME Group Metal Futures Trading Challenge (linked) 

 First off:

1. I get nothing for promoting this contest.

2. It is obsoletely free. 

Of course commodities trading isn't for everyone, but If you want a crash course... then I suggest you sign up. I did the oil trading challenge a couple months ago, and although I barely broke even - let alone win... - I found it to be a great learning experience. 

I also figure it should be a good distraction, as the broader market trades the typical holiday doldrums.  

I've already signed up for this metal trading challenge, and I see a gold trade coming up. 

$GOLD - expecting a little retest of the recent highs 

$GOLD - Short term already looks like it's building a base, and probably setting up for a powerful little suckers rally, as soon as next week. 

Silver looks even worse to me, so I may sell that instead, but I haven't even had time to look at the charts. 

Copper also looks bearish, but this will also require some extra charting. 

If folks are interested in this trading contest, and seeing more charts, please chime in, either here, or on my Twitter. 

Take Care, AA 


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