GOLD COT is turning to bearish

FX_IDC:XAUUSD   Gold Spot / U.S. Dollar
193 0 12
The Commitment of Traders report ( COT ) was published at the close of last Friday's trade always shows the Tuesday data.
The formula for Blees rating uses the Commercial Traders net contract holdings at the date of the current COT report.
We inserted the Blees rating into the daily chart . It supports GOLD's RALLY we had last weeks.
Gold's bear market rally occurs when the Blees rating starting to fall from 90 to 70.

Last Tuesday's (09.02.) COT data was published on Friday. It was 50.
Gold             had started the pullback. It's still a possibility that gold             will spike above 1163 for a short time but the correction is on the way. Though I think we are in the bull market now, but the young bulls are usually very wild and tricky.
Kicks both bulls and bears ...
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out