Agree to disagree... Gold is topping right now.My price path seen above is a complete guess but it stems from long term trend lines and more importantly order flow from last week.
On Thursday there was a #1 trade on AMEX:PHYS for $200+ Million at the green levels in my chart above (Equivalent levels). PRICE WILL 100% go to my green lines by
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Will The Gold Rally End When Large Speculators Buy?A few weeks ago we reviewed Gold price action and positioning and how Large Speculators (blude column and traditionally trend followers) started to sell Gold which I could not explain. Well, they continued to sell Gold futures, and now Gold is breaking out making new all-time highs. If anyone know
Gold silver coffee4 15 25 I wanted to do this video before the market moved any higher today. I don't know if it's a paradox or not but it looks to me like gold is going to go higher today after it's been coiling since last week and I explained the Dynamics of a coil and the expansion of a coil and hopefully I sa
GC UpdateNot sure if this is a melt up or not, bit strange that RSI and MFI are moving in opposite directions.
I have a long term position set up, but I'm not planning on doing big options plays unless MFI hits the red line or if I expect the stock market to drop. I might play a little tomorrow for TSLA ea
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A representation of what an asset is worth today and what the market thinks it will be worth in the future.
Displays a symbol's price movements over previous years to identify recurring trends.
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Frequently Asked Questions
The nearest expiration date for Gold Futures (Dec 2017) is Dec 27, 2017.
Traders prefer to sell futures contracts when they've already made money on the investment, but still have plenty of time left before the expiration date. Thus, many consider it a good option to sell Gold Futures (Dec 2017) before Dec 27, 2017.