Wednesday, November 10, 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

As time passes, gold (silver) and the US dollar, assets which normally trend in opposite directions, are linking up. Today's rally in gold is accompanied by a sizable rally in the Dollar Index. The invisible hand will turn up to down as the bear phase in confidence matures, and eventually morphs into a crisis.

Gold ETF

Dollar Index ETF

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