I have initiated 2 long positions in Gold and Platinum (both tweeted from me @capt_black_bart ). Covered my short at 1696.20, went long Gold at 1696.50 and Platinum at $1596.80. Gold looks to have found a tad of support in 1690ish level. A brief description of the strategy; my system mainly looks at opening and closing prices and how powerful they are, with that, I will only trade futures from 8 AM EST til 4 PM EST and will hold over night and weekends. Stop on Gold is usually 20 points and Platinum is a tad bigger around 56 points. Like always you can view how I’ve done with my system here.
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