Editor’s Note: Gold and silver have been, at best, a frustrating trade. Exclusive to Kitco News, xpert trader, Todd “Bubba” Trade gold online forex, chief market strategist and founder of ‘Bubba Trading provides a strategy investors can use in a rangebound gold price environment.
For precious metals traders, the last few years can best be described as frustrating, according to expert trader, Todd “Bubba” Horwitz, chief market strategist and founder of ‘Bubba Trading. In an exclusive report for Kitco News, Horwitz provides his insights into the gold market and gives investors a strategy they can use to profit in a range-bound marketplace. While Horwitz sees long-term potential in gold, he also recommends investors take steps to protect their investments. Investors should continue to accumulate the metals on dips and learn how to hedge them in times of turmoil and selling pressure. Investors can also use the options model to hedge positions, compounding returns over time,” wrote Horwitz. The key to hedging is learning how to use derivatives to protect your holdings while at the same time creating opportunities to buy more when you would normally be selling because of emotions. Sign up for the Kitco News Weekly Rundown newsletter before March 10 to receive Horwitz’s exclusive report and trading strategy.
If you already receive the Weekly Rundown, then you are already on the list to get the report. Disclaimer: The views expressed in this article are those of the author and may not reflect those of Kitco Metals Inc. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in commodities, securities or other financial instruments. Can You Recommend a Mentor, Coach or Trading Course? How To Make Money Trading The Markets.
Becoming better – you deserve it! How likely is it in trading firms to google applicants? Most users ever online was 11,980, May 26, 2013 at 12:56pm. Gold Rallies On Safe-Haven Demand As U. Gold prices are firmly higher in early U. Wednesday, as anxiety and risk aversion in the world marketplace are keen today, on fears of a major U. Fears of a global trade war have ratcheted up a notch after China today announced a big list of U.
These products include cars, soybeans and airplanes. President Trump tweeted Wednesday morning that the U. China years ago, which underscores the U. World stock markets were lower overnight.
Treasuries are also rallying today on the keener risk aversion in the marketplace. ADP national employment report showed a rise of 241,000 in March, which is a significant miss to the upside. Forecasters were expecting the number to come in at up 200,000. This report is a precursor to Friday morning’s more important U. Gold prices did back off from their daily highs after this report’s release. In other overnight news, the March Euro zone consumer price index came in at up 1.
The February reading was up 1. Still, the numbers are well below the 2. European Central Bank deems an optimum level. Wednesday includes the weekly MBA mortgage applications survey, the ADP national employment report, the U. PMI, manufacturers’ shipments and inventories, the ISM non-manufacturing report, and the weekly DOE liquid energy stocks report. Technically, June gold bulls have the overall near-term technical advantage.