Tag Archives: $GC_F

Is Gold Finding Sellers? $GLD $GC_F

Commitment of traders is indicating that gold is finding some extreme levels of pessimism on behalf of the Commercial Hedgers. In comparison Gold is finding itself in a similar situation to the last time gold found selling pressure back in late October 2015. Take note of the larger than normal spread in traders positions in the graph below. Will it repeat as it did back in Oct?

GOLD COT

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Gold target has been reached

Looking for gold to hold the line in this area. The key is to be patient and let it show its next direction. $GLD

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Indicies Projected Moves

Cycle influences on indices.

ImageF

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