Active Traders: Oil & Gold

12/02

• Gold: down 20 post nfp

• Oil: weaker but way too strong given how spreads are acting. We watch

• TD CTA Analysis at bottom

Numbers are good. Format is a work in progress. May as well share it with you all as we work on it. Good luck.- VBL

About Our Partner: Moor Analytics produces technically based market analysis and actionable trading suggestions. Reports are sent to clients twice daily, pre-open and post close.

Go to MoorAnalytics.com for 2 weeks Gold, Oil, and Bitcoin reports free trial.

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GOLD

On Our Radar for New Trades. All trades risk 1 to make 2. Stop losses use Moor levels unless otherwise specified

• UPSIDE: Possible buyer of 1818 with an 1814 xloss for a couple hours post NFP

• DOWNSIDE: Probable seller of 1811 with a xloss of 1815 for a couple hours Consider buying dips approaching 1785 with a 1780 xloss. Taking no new trades home today. Moor doesn’t like it below 1798.5. He’s probably right for a quick $10, but not acting on it

NOTE: The following comments are supplemental to our whole seasonal bias.

• Took profit on 1/2 Gold buy season position. a lot of profit in remaining half. will let it breath.

• Considering day trading aggressively here but not adding to take home

• called down $2. unless can make it over $1820 post NFP, will likely trade 1800 or lower today. Not unhealthy movement. Selling will be profit taking, not shorts entering.

• CTAs are now in buy season mode. ESPECIALLY in silver. Still not sure how much is allocated. Love gold overperforming in stock rally yesterday.

• If this thing runs, the biggest tell of the century will have been it rallying 3% that day last month and NOT getting smacked back down, and will be livid did not buy more.. but happy wasnt short!

Oil

Upside: no feel, using Michael’s numbers and watching spreads for confirmation before acting

Downside: Consider buying at 79.96 on a break through and retrace back up. risk 30 cents

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WORKING NOTES:

Strength of conviction, low to high

1. Consider

2. Possible

3. Probable

4. Likely

Working Explanation/ Rules draft — Read this before considering anything shown above:

All GoldFix Radar ideas are part of the daily prep for one specific active trader in the markets discussed.

All ideas are strategic and intended as examples of thought process. Actual trade tactics, how trades are expressed, instruments used, venues, and execution will vary greatly. These are ideas shared, not orders placed or given. Markets are dynamic as are ideas presented.

These are not trade recommendations for the reader. They are GoldFix trade ideas shared with the reader. They are commensurate with the author’s experience, proprietary models, and capital requirements. One idea does not fit all. Some ideas fit noone.

Any verbs, adverbs, or potential action’s described herein are a reflection of the author’s thought process and internal dialogue shared with the reader. While these ideas may be executed by the author, they are intended as starting points for the reader’s own thought process.

Not included are: profit targets, trailing stops, and position scaling which all must be decided upon entry and exit and are less rigidly placed.2

All stoplosses use Moor “Short Term” for intraday trades and “Decent” for risk taken home overnight unless specifically stated.

If a level is accidentally omitted , ask for everyone’s sake. Otherwise do not act on it w/o further clarification

We do not use “Solid” here. Otherwise use your own capital preservation and VaR rules for risk mgt.

Most trades Risk 1 to make 2. No trade risks 1 to make less than one.

No trades eligible until 30 minutes after all data comes out

Go to MoorAnalytics.com for 2 weeks Gold, Oil, and Bitcoin reports free trial.