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Ecantoni
Jul 29, 2013 1:14 PM

What is suggesting that Gold might hit 1500 soon $GC_F Long

Gold FuturesCOMEX

Description

1.The GC correlation with the 10yrs Note is gaining momentum
2. The same ZN has a clear potential H&S inv on the daily
3.2008 Analogy still in play ( tradingview.com/v/RkQHc6Oc/ )
4.Net short positions in gold are still at record
5.Approaching bullish seasonality signalfinancialgroup.com/SeasonalCharts/GC_10YrStudy.jpg
6.200sma as magnet
Comments
finitemonk
Interesting. My analysis using quite different technique shows the same possiblity/probabilty
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