3309 Drysdale Ct
Edwardsville, IL 62025
GOLD COT report
Jan 8 Gold COT - Link
Just a normal day in the markets. Filled gap and held support.
Not much volume for the -4.8% move in GDX. Commercial short position up slightly.
Deflation/recession sounds like the current concern and if yield/US dollar rises no driver for gold price
NUGT 2X leveraged play on $GDM and has problems mirroring the index- recommended for day trade only - note gaps compared to index.
$GDM - Chart Link
NUGT - Chart Link
Subscribe to our email list for regular free market updates as well as a chance to get coupons!
GOLD COT report Jan 8 Gold
Days like today in the gold and silver market make ...
Posted by ridgetopab on 8th of Jan 2021 at 09:28 pm
GOLD COT report
Jan 8 Gold COT - Link
Just a normal day in the markets. Filled gap and held support.
Not much volume for the -4.8% move in GDX. Commercial short position up slightly.
Deflation/recession sounds like the current concern and if yield/US dollar rises no driver for gold price
NUGT 2X leveraged play on $GDM and has problems mirroring the index- recommended for day trade only - note gaps compared to index.
$GDM - Chart Link
NUGT - Chart Link