Saturday, September 18, 2021

#Gold Review $GLD #GC_F

Gold Review
Those that view the message of the market on a daily basis are likely confused by trading noise. While trading noise contributes to the long-term trends, it does not define them. Human behavior tries to explain trading noise as a meaningful trend. This confuses the majority which, in turn, contributes to their role as bag holders of trend transitions.

Gold's overall trend, revealed by trends of price, leverage, and time, are defined and discussed in The Matrix for subscribers.

Hi Eric,

Hope you are doing fine. I wonder if you would be willing to share the historical weekly DI values for GLD for the years of 2012 and 2013 with me?

Would like to study them and compare to recent values and see if i can learn something from it.

Thks in advance,


Subscriber Comments

Today's setup in gold is much different from 2012-2013. The confidence oscillator had just flipped from long bear (bullish gold) to long bull (bearish gold) phase in early 2012. The bull phase lasted until 2020. DI concentrations only destabilize a trend set by confidence.

Gold DI from 2012 to 2014 for subscribers for a limited time.

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