I’ll have more to say in Wednesday’s commentary concerning managing the risk of our trades in Comex Gold, but suffice it to say, it was not my intention to weather a $20 swing against us on two contracts after getting within less than 1.00 of the price where we’d intended to exit one of them.

We booked a paper gain of a little more than $1000 on the trade, leaving me more eager than ever to climb back aboard.  If and when we do, if you’d like to be notified in real time of the opportunity, stay tuned Rick’s Picks intraday alerts.  You can sign up for them by clicking the “Send me each item” box on your Account page.  If you don’t subscribe but would like to try this service, receive a free week’s trial subscription by clicking here.