($GLD) The Daily Average True Range (ATR) in the gold futures has gone from the low $20’s in the beginning of August just over a month ago to greater than $50 today. Traders with tight stops are likely getting killed with this volatility. In my opinion any trades between $1750 and $1920 needs massive risk parameters or getting chopped to death is likely going to be the outcome. As a trader I’m sitting back and letting others fight it out until we are at the extremes of this wide consolidation range or balance area that has formed since early August.-S.Pluschau