Friday, October 1, 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 has been sitting in an awkward, frustrating consolidation for the bulls for months. The bulls waiting for an energy build to break it, and now it looks like they'll need a large one to flip the primary trend flip back up. The primary trend WILL flip down in October.

Silver bulls have been waiting for the same setup, and also face a primary trend flip. Silver's energy build is significantly larger.

Please remember that big money likes to beat the grass to startle the snakes, then quickly disappear in the bushes. The snakes are retail and spec traders, and all their sub categories.

Silver, platinum, palladium have all been showing relative strong bullish energy builds. Gold had been lagging badly, refusing to participate. At least that was the old story.

Please read.



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