www.CommoditySeasonals.com

Commodity Trading: Gold Futures

Historic Price Overview

During 2000, Gold prices – as measured by the nearest to expire futures contract – have traded between $264.40 and $322.00 per troy ounce. Gold started off 2000 strong, retesting the highs made in 1999 when the World Banks agreed on a moratorium of sales. However, as this news was further digested, prices slipped back down.

Note: Chart compliments of www.geckosoftware.com Past performance is not necessarily indicative of future results.

Major resistance on the charts appears to be in the $315.00 to $330.00 per troy ounce area, while major support lies between $250.00 and $265.00 per troy ounce.

The 50% retracement of the last major down move from the 1996 highs to the 1999 lows is $335.00 per troy ounce. Gold may be forming a 1-2-3 Bottom, as the 2000 lows of $264.40 are higher than the 1999 low of $252.90 per troy ounce. Watch this market as it may come back to life in 2001.

Order Full Version Today and Receive a FREE COMPLETE SET OF SEASONAL STRATAGEMS for any 1 market.

	Track Your Own Personal Account or Paper Trade
	Customize Charts With Indicators and Drawing Tools
	Includes 25 Year Contract History on CD-ROM.
	Long Term Daily, Weekly, Monthly, and Yearly Charts
	Automatic Program Updates
	Free End-of-Day Data Updates
	Satisfaction Guarantee
Order Full Version Today and Receive a FREE COMPLETE SET OF SEASONAL STRATAGEMS for any 1 market.

SPONSORED BY:

Disclosure of Risk: The risk of loss in trading futures and options can be substantial; therefore, only genuine risk funds should be used. Futures and options ARE not suitable investments for all individuals, and individuals should carefully consider their financial condition in deciding whether to trade. Option traders should be aware that the exercise of a long option would result in a futures position.

SEASONAL TENDENCIES ARE A COMPOSITE OF SOME OF THE MOST CONSISTENT COMMODITY FUTURES SEASONALS THAT HAVE OCCURRED IN THE PAST 15 YEARS. THERE ARE USUALLY UNDERLYING, FUNDAMENTAL CIRCUMSTANCES THAT OCCUR ANNUALLY THAT TEND TO CAUSE THE FUTURES MARKETS TO REACT IN SIMILAR DIRECTIONAL MANNER DURING A CERTAIN CALENDAR YEAR. EVEN IF A SEASONAL TENDENCY OCCURS IN THE FUTURE, IT MAY NOT RESULT IN A PROFITABLE TRANSACTION AS FEES AND THE TIMING OF THE ENTRY AND LIQUIDATION MAY IMPACT ON THE RESULTS. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT HAS IN THE PAST, OR WILL IN THE FUTURE, ACHIEVE PROFITS USING THESE RECOMMENDATIONS. NO REPRESENTATION IS BEING MADE THAT PRICE PATTERNS WILL RECUR IN THE FUTURE.

HYPOTHETICAL PERFORMANCE RESULTS HAVE MANY INHERENT LIMITATIONS, SOME OF WHICH ARE DESCRIBED BELOW. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL, OR IS LIKELY TO, ACHIEVE PROFITS OR LOSSES SIMILAR TO THOSE SHOWN. IN FACT, THERE ARE FREQUENTLY SHARP DIFFERENCES BETWEEN HYPOTHETICAL PERFORMANCE RESULTS AND THE ACTUAL RESULTS SUBSEQUENTLY ACHIEVED BY ANY PARTICULAR TRADING PROGRAM.

ONE OF THE LIMITATIONS OF HYPOTHETICAL PERFORMANCE RESULTS IS THAT THEY ARE GENERALLY PREPARED WITH THE BENEFIT OF HINDSIGHT. IN ADDITION, HYPOTHETICAL TRADING DOES NOT INVOLVE FINANCIAL RISK, AND NO HYPOTHETICAL TRADING RECORD CAN COMPLETELY ACCOUNT FOR THE IMPACT OF FINANCIAL RISK IN ACTUAL TRADING. FOR EXAMPLE, THE ABILITY TO WITHSTAND LOSSES OR TO ADHERE TO A PARTICULAR TRADING PROGRAM, IN SPITE OF TRADING LOSSES, ARE MATERIAL POINTS WHICH CAN ALSO ADVERSELY AFFECT ACTUAL TRADING RESULTS. THERE ARE NUMEROUS OTHER FACTORS RELATED TO THE MARKETS, IN GENERAL, OR TO THE IMPLEMENTATION OF ANY SPECIFIC TRADING PROGRAM WHICH CANNOT BE FULLY ACCOUNTED FOR IN THE PREPARATION OF HYPOTHETICAL PERFORMANCE RESULTS AND ALL OF WHICH CAN ADVERSELY AFFECT ACTUAL TRADING RESULTS.