SUMMARY
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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 ...
Good
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.....
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.