Gold Futures Trading using 3 systems

Gold Futures trading can be challenging particular when this market is considered a safe haven during periods of turmoil or uncertainty. The Gold Futures market does present some great trading opportunities and our Pro Traders at GMT Futures have identified several systems that are tracking exceptionally well.   Our trading team has created a very profitable multi-system trading strategy to take advantage of the Gold Futures Market. The first of the trading systems we will be previewing today is our Fib Trader.  For those who like trading the Fibonacci numbers this system is proving to be a very profitable trading system within our portfolio.  Attached is a video taking you through an example of the Fib Trader MACD Buy set-up to further explain the system. Our second strategy used on the Gold Futures market is the Cycle trader which is perfect for periods of lower volatility and when the market is ranging as you can see is happening on the gold daily chart.   To learn more about our cycle trader system please click on the link: The Fortress system is the final strategy making up our powerful Gold Futures Multi System combination.  The Fortress is designed to capture those breakout trending trades that you typically see on the gold market.  You can learn more about the Fortress strategy by visiting: Our Gold Futures Multi System trading strategy has continued to perform very well with the addition of two new strategies to bolster the weekly performance.  The following results were recorded for April 2014:
  • Gold Futures System 1 – Fib Trader 22 – Gold 15 min weekly profit $1,000, Month $580
  • Gold Futures System 2 – Cycle Trader – CT140 – Gold 89 Tick weekly profit $1147.00, Month $6250
  • Gold Futures System 3 – Fortress Trader – SN380 – Gold 377 weekly profit $1130, Month $3620
  • Gold Futures Multi-System Profit April 2014 $10,450 per contract.
So what does May 2014 hold in store for our gold traders let’s take a look at the daily charts

Gold Futures Summary

Gold Futures is currently at a crossroads with a price channel illustrating the conflicting forces that currently underpin this market. We have a situation where low inflation reduces demand for precious metals which is pushing gold prices lower. Add in the fact that we have low interest rates and a weaker Dollar which combine to increase demand. Spot gold futures continues to test support at $1300/$1280 per ounce. Should support not hold here we would expect to see prices retesting lower support at $1200, however, we can’t rule out a recovery to retest 1400 in the short term which looks more likely.  Keep an eye on volatility, particularly our fortress strategy will be more sensitive to continued lower volatility levels.
Gold Futures
Gold Futures
 

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Gold Futures Trading Learn More through video

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