Gold is being ‘cleansed’ now, but how will a key seasonal trade play into the mix with Bill Baruch

As gold nears the $1,800 an ounce level, now would be a good time to slowly build a long position for a key seasonal trade and 2021, said Bill Baruch, president of Blue Line Futures.

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Futures trading involves substantial risk of loss and may not be suitable for all investors. Trading advice is based on information taken from trade and statistical services and other sources Blue Line Futures, LLC believes are reliable. We do not guarantee that such information is accurate or complete and it should not be relied upon as such. Trading advice reflects our good faith judgment at a specific time and is subject to change without notice. There is no guarantee that the advice we give will result in profitable trades. All trading decisions will be made by the account holder. Past performance is not necessarily indicative of future results.