Gold and Crude Oil are on the Move? Are you ready to participate?
The weekly December Gold chart illustrates that we broke the late '08 high of $1,060 an ounce and is now on a breakout. There is no technical resistance prohibiting it's upside and a large amount of fundamental and geopolitical factors that could drive Gold higher over both the short and long-term.
The margin (deposit) requirement for a full size gold (100 oz.) contract is $4,500 and the mini contract (33 oz.) is $1,800. For smaller accounts and more risk-adverse traders we have a variety of trading strategies available in this offer to take advantage of a continued bullish move in gold.
The weekly December Crude Oil Chart shows the market just broke out from a channel (Request a free copy of basic chart patterns). The weekly 50% retracement from the 146.86 high to the 46.14 low is 95.50, which is a good initial target for bulls.
A move from $80 to $106 a barrel is $26,000 for a full size contract and $13,000 for a mini contract. Current margins are $7,765 for a full size Crude Oil and $3,880 for the mini. For smaller account sizes, new traders, and risk adverse traders we have a variety of trading strategies available in this offer to take advantage of a continued bullish move in Crude Oil.
Attention Opportunity Seekers:
Are you prepared and positioned to take advantage of the recent breakouts in both Gold and Crude Oil? Gold is back at record levels and Crude Oil has little technical resistance holding it back.
Complete the form to request an updated
Gold And Crude Oil Trading Kit.
Please complete the form below to receive a list of trading strategies for Crude Oil and Gold and our specific Gold and Crude research for 2 weeks.
Your free kit will include:
- A listing of options and spread strategy positions available in Gold and Crude Oil for a variety of account sizes and risk tolerances.
- Information on Metal and Energy Mini Contracts and what you need to know before you trade them.
- Specific strategies to target $100 a barrel Crude Oil and $1,200 Gold.
- Two weeks of our GCT Research Daily Gold and Crude Oil research.
