GOLD: Bullish or Bearish?

in #money6 years ago

SUMMARY

Legal Disclaimer: I am not a financial advisor nor is any content in this article presented as financial advice. The information provided in this blog post and any other posts that I make and any accompanying material is for informational purposes only. It should not be considered financial or investment advice of any kind. One should consult with a financial or investment professional to determine what may be best for your individual needs. Plain English: This is only my opinion, make of it what you wish. What does this mean? It means it's not advice nor recommendation to either buy or sell anything! It's only meant for use as informative or entertainment purposes. !

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hi Haejin, diversified a little, could you do some TA for XAG silver too plz

Will do. Will post over the next couple days.

Gold down = Cryto UP!!!

Market volatility is rising, gold prices may down, your prediction will be correct.

When sentiment is as bad as it is for the metals and the COT (commitment of Traders) weekly report show speculators have the least numbers of net long futures contracts since December of 2015, there is little chance gold takes this kind of a dump. The market always moves in the opposite direction to the dumb money speculators at their extremes .

mmo so ...

wow good analysis and nice concept sir..thanks for share..

It is very nice blog for beginners. They will think about market before doing any transactions.

thank you for the information @haejin

Your count on GLD has been right on!!!!! Despite every other analyst saying we're suppose to bounce. You got mad skills.....815GLDCapture.PNG

And it's tanking today $1,176....ouch for the longs. With the stock market heading to all time new highs...GLD is on a downtrend.

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