Gold Trades Below $1200 and oz.

  • Posted on: June 27, 2013

On the short position in gold,  cover another 1/3 of short positions here.  Lower stops on the remaining 1/3 of positions.
On a mini gold contract at 30 bucks a tick we’ve taken $2250 on each short contract at this point.

Tomorrow before the USDA, if you are a client call in.
I have 3 spec trades I like in the grains.

CER