After years away from the game Im looking to get back in.
I am trying to find out if there are any brokers who offer spot gold in amounts less than one ounce.
I am a position trading ( with daily bars) not day trading and am starting with 3- 5 k.
I know there are mini and micro gold futures that can be traded on a shoestring but I am concerned with liquidity issues as well as other things. I would prefer the spot market.
I am aware there are different rules to trading gold in the US but I believe this has to do with margin. I am not one to want margin in excess as the volatility in gold is enough in my estimation.
My entries will be on 4 hours charts but I believe trading a full ounce of gold with 3-5k is still too risky.
Anyone know of a broker who offers spot gold in a quantity of less than an ounce?