Metals All Higher, Gold Surging


20-Year Pro Trader Reveals His "MoneyLine"

Ditch your indicators and use the "MoneyLine". A simple line tells you when to buy and sell without the guesswork. It’s a line on a chart that’s helped Nic Chahine win 83% of his options buys. Here's how he does it.


The metals market is much higher today, with gold surging nearly $40 an ounce this morning. Equities are lower, with all three indexes down.Copper is up 5.3 cents to trade at $4.1420, a gain of 1.3%.iPath Dow Jones UBS Copper Total ETF (NYSE: JJC) is up 69 cents to $54.24, a gain of 1.3%.Silver is up sharply, up 95 cents to $41.50, a gain of 2.35%. Shares of iShares Silver Trust ETF (NYSE: SLV) are up 77 cents this morning, to trade at $40.49, a gain of 1.94%.Gold is up $37.20 an ounce to $1,828.80, a gain of 2.08%.Shares of SPDR Gold Trust ETF (NYSE: GLD) are up $4.43 to $178.32.Platinum is up $20.00 an ounce, trading at $1,763.30, a gain of 1.1%.The platinum ETF settings First Trust ISE Global Platinum Index (NASDAQ: PLTM) is up 34 cents this morning to trade at $23.91. Palladium is up $10.00 an ounce today, trading at $764 an ounce, as it looks like it will break $800 an ounce.Shares of ETFS Physical Palladium Shares (NASDAQ: PALL) are sharply higher today, up $1.03 to $75.71.

20-Year Pro Trader Reveals His "MoneyLine"

Ditch your indicators and use the "MoneyLine". A simple line tells you when to buy and sell without the guesswork. It’s a line on a chart that’s helped Nic Chahine win 83% of his options buys. Here's how he does it.


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Posted In: CommoditiesIntraday UpdateETFsMetals Morning Update