Gold Bullion ETF. After going through my 100's of gold and
silver charts i have saved since 2001 i don't think i have seen a
setup so clean and textbook perfect. {C&H} setup unfolding into
a {Wave 5} setup. $12.80 triggers long.
COT data come out today instead of Friday, dropped from 319K to
305K. That's still my concern with that market and also only seems
to be strong whenever the market is weaker, not trading on its own
really
Can someone explain to me why the "Commercials" are always
viewed by the market as being correct, and the "Speculators" not?
Should this really be the holy grail 100% of the time?
Honest question to better understand this report.
Looking for something deeper than that's how the "market"
perceives it.
Gold Bullion ETF. After going
Posted by goldnice on 2nd of Dec 2019 at 03:33 pm
Gold Bullion ETF. After going through my 100's of gold and silver charts i have saved since 2001 i don't think i have seen a setup so clean and textbook perfect. {C&H} setup unfolding into a {Wave 5} setup. $12.80 triggers long.
Thanks Goldnice. I have been
Posted by mundy on 2nd of Dec 2019 at 06:18 pm
Thanks Goldnice. I have been building my MGCG20 long positions!
COT data come out today
Posted by matt on 2nd of Dec 2019 at 06:25 pm
COT data come out today instead of Friday, dropped from 319K to 305K. That's still my concern with that market and also only seems to be strong whenever the market is weaker, not trading on its own really
Can someone explain to me
Posted by RichieD on 3rd of Dec 2019 at 06:41 am
Can someone explain to me why the "Commercials" are always viewed by the market as being correct, and the "Speculators" not? Should this really be the holy grail 100% of the time? Honest question to better understand this report. Looking for something deeper than that's how the "market" perceives it.
https://hedgopia.com/ You might try these guys.
Posted by stevieb294 on 3rd of Dec 2019 at 08:59 am
https://hedgopia.com/
You might try these guys. Some good info on occasion.
Correlation is too strong still.
Posted by ssaffer on 2nd of Dec 2019 at 06:53 pm
Correlation is too strong still. I still see Gold and Silver bouncing around until we get some hard selling/fear back.