Tuesday, December 1, 2009
Trading Gold Stocks During Comex Trading Hours
If you are going to trade Gold stocks such as Barrick Gold Corp. ticker ABX, you need to know that Comex Gold trading hours are from 8:20 am est. until 1:30 pm est. Even the Gold ETF ticker GLD, opens on the NYSE for trading at 8:20 am est. As you can see on the 15 min. chart of ABX the stock gave it's first long entry signal at 9:00 am @ 43.60 today. The first pullback for another long entry was not until 11:00 am @ 45.47. Also, the exit was at the Comex close at 1:30 pm, the closing price on ABX was @ 46.42 after reaching the session high of 46.61.
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