Thursday, September 23, 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.

Subscriber Comments

Gold and silver's primary trends are beginning to flip down, gold refused to generate a large bullish energy build, one the pulls up DI2, the US dollar primary trend is very close to flipping up, and yet the gold bulls still see a bullish outcome? Please be careful about what you believe. The game changes once the primary trend Flip (F).

Confidence is in a bear phase (Line 103 of Trends Tab of the Matrix). Bear phases are normally bullish for gold. Why is gold not responding? We'll have our answers soon.

Gold ETF

US Dollar ETF

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