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Trading commodity futures and options involves substantial risk of loss and is not suitable for all investors. You should carefully consider whether trading is suitable for you in light of your circumstances, knowledge and financial resources.
Gold futures rallied today (7/25) for a second consecutive trading session.
Today's move higher suggests a fresh buy signal on the daily chart for December gold futures. Gold gave a buy signal on the weekly chart three weeks ago and is showing a buy signal so far this month on the monthly chart.
Silver is also showing a buy signal on the monthly chart so far this month.
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To review what I consider a "buy signal" watch Larry Baer's Traditional Trending Strategy video: http://www.youtube.com/watch?v=iro7sFQRG5k
Call me for trade set-ups at (312) 277-0112
SEE CHART
Call me for details and trade set-ups at (312) 277-0112
or toll free at 888-281-4161
or email: Lbaer@Zaner.com
To view my thoughts on other markets read my blog, Larry Baer's Options & Futures Trading Strategies: http://larrybaer.com
Futures, options and forex trading is speculative in nature and involves substantial risk of loss. All known news and events have already been factored into the price of the underlying commodities discussed.
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