Gold volatility and a look into the CoT Reports
Craig Hemke, Founder of TF Metals Report joins me to discuss the recent volatility in gold. We look to the importance of the upcoming monthly and quarterly close for gold when looking to what can drive the stocks. Finally we end with some comments on the CoT reports that continue to see the speculators long the precious metals.
lets relaxs ! https://www.youtube.com/watch?v=QptZ8tYZAkE
The USDX is positioned to outperform gold for awhile but since the dollar index is not measured in gold, it is perfectly possible for gold to hold its own while it does. However, the miners’ action today does suggest that gold might head for the 1450 area after all.
UUP:GLD…
https://stockcharts.com/h-sc/ui?s=UUP%3AGLD&p=W&yr=5&mn=0&dy=0&id=p9229455540c&a=630823173
The Machines Beautiful ! MR Craig Hemke !