In the Rick’s Picks chat room, thirty minutes before this tutorial session began, we homed in on December Gold as a camouflaged buying opportunity began to unfold. Although the futures had been moving tortuously sideways in a tight range for the last seven hours, this looked like the best long-entry possibility of the day; and so we “took it” (and not just hypothetically, since several in the chat room actually initiated the trade in their accounts). The trade worked out beautifully and is described in exhaustive detail in this recording. We also took a close look at the E-Mini, which, even in the context of an unpromising rally, was developing an easily tradable pattern; and at the Gold Bugs Index (HUI), which looked great for a dozen reasons.
