Hard to make much of COT data right now, but its still under neutral and nowhere near bullish levels. Daily sentiment index is still at buy levels. Large fund outflows in July on GDX and GDXJ, indicate a bottoming process. Could gold pullback to 1260? Technically yes, but the amount of money I've lost trying to play finicky short term moves is large. When COT data and DSI data starts to get bearish I will sell but not at these levels.Stay long stay strong. GLTAH
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$17.51 |
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Open | High | Low | Value | Volume |
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---|---|---|
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8 | 105898 | 8.980 |
Price($) | Vol. | No. |
---|---|---|
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