Quick video of our first test for our BITS (Breakout Intelligent Trading Signals) for the TradingView Platform. We already have this indicator suite for ThinkorSwim, TradeStation and NinjaTrader and we are looking to launch for TradingViewe over the next week or so.
It uses our proprietary cloud based algorithm from our Smartlist giving breakout signals with...
Closing out my October gold position, along with November and December delta hedges here for a total of 2.40.
Scratch was 3.50 for the cycle, so a 1.10/$110 gross profit.
Rank/implied is at 58.9/14%, so may consider re-upping in December ... .
Hi friends! Welcome to this update analysis on Gold, via the GC futures chart. Let's get to it! In this analysis, we're going to step back and take a multi-decade view of the gold market, to try to understand what's currently happening, and where we may be going.
As you can see, this weekly chart begins in 1975. So, we're looking at 44 years of data. Clearly, we...
All the hu ha hu ha of the Gold Bugs calling that Gold is a sound money and nothing can manipulate the Gold price. Gold is subject to supply and demand.
The word manipulation has been abused by people so many times. They think that manipulation comes in the form that someone is trying to manipulate the price of an asset "SHORT TERM". Nope, short term manipulation...
Here is an excerpt from The Macro Strategist's Parallax Report: QE Lite, You Say?, originally posted on 10.2.19:
Here are the “negative yield” trade. Bitcoin and gold had been the go-to allocation as global negative yielding debt rises (and falls) with the monthly correlation exceeding .70.
BTCUSD began to deteriorate ahead of gold, and this is interesting...
My Hypothesis of it going down to 1400/1440 is because of my Gap Fill Hypothesis and COT was net short at -324k = It's the 2nd most net short position... they ever had!. Now it's 323k because they net longed about 1k at 1546, which caused the gold prices to drop. Commercials think the price is overvalued.
COT: Commercials are starting to Net Long and Funds are...
Global Safe-Haven Index (SHIX):
Our risk indicator has been enhanced with the inclusion of four new factors, which takes the total inputs to eight.
They now include:
1. Gold Futures
2. TLT ETF (Bonds)
3. Japanese Currency Index
4. Swiss Currency Index
5. S&P Low Volatilty ETF
6. iShares Emerging Markets ETF (Inverse)
7. USDKRW (US Dollar / Korean Won) -...
Hello traders! Kick starting with an analysis on XAUUSD to start your day! I have labeled my full Elliot count on gold for your eyes to examine, along with fibs I have dug into this one deep. Let's get right into it.
Starting with way back in 2011 when XAUUSD made its high $1,923.7, Gold closed a sharp bearish hammer leading towards a correction, no one could see...
In the situation of the US stock market breaking to All-time highs, this is a probable scenario for gold. I will be a buyer once the 1st inefficiency closes, due to the strong fundamentals for gold I think it will be difficult for it to reach the 2nd efficiency.