Two of my favorite bloggers (Gary Savage and Jason Goepfert), are sounding the alarm for a potential short squeeze in Gold and Silver. All the puzzle pieces are coming together, and it appears that a Big rally is coming soon to the Gold and Silver markets.
The Weekly charts are showing extremes in the Linear Regression Curve (LRC), Parabolic Stop and Reverse (PSAR), and the 5-10 Week Simple Moving Averages (SMA). The COT Reports are showing a convergence of Commercial and Speculator positions. Commercials have covered more short positions in the gold market. They are now on the cusp of being net-long the gold market for the first time in over a decade.
Gary Savage (Aug 21) : "People who are long are going to sell way to early"
blog.smartmoneytrack...ket-wrap-aug-21.html
Jason Goepfert (Aug 24) : Smart Money Rushes To Safe Havens As World Stocks Rally. Hiding in safe havens, “Smart money” hedgers have established extreme positions in safe haven assets including gold, Treasuries, the yen and the VIX. Other times they piled into the havens, it led to fine performance in stocks, and better returns in the havens themselves.
sentimentrader.com/b...s-world-stocks-rally
The Weekly charts are showing extremes in the Linear Regression Curve (LRC), Parabolic Stop and Reverse (PSAR), and the 5-10 Week Simple Moving Averages (SMA). The COT Reports are showing a convergence of Commercial and Speculator positions. Commercials have covered more short positions in the gold market. They are now on the cusp of being net-long the gold market for the first time in over a decade.
Gary Savage (Aug 21) : "People who are long are going to sell way to early"
blog.smartmoneytrack...ket-wrap-aug-21.html
Jason Goepfert (Aug 24) : Smart Money Rushes To Safe Havens As World Stocks Rally. Hiding in safe havens, “Smart money” hedgers have established extreme positions in safe haven assets including gold, Treasuries, the yen and the VIX. Other times they piled into the havens, it led to fine performance in stocks, and better returns in the havens themselves.
sentimentrader.com/b...s-world-stocks-rally
評論:
Arpi Kereny is another good resource to follow on trading view:
