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0.51% $1,391.7 gold futures

so at what price do we start shorting gold, page-10

  1. rowingboat
    3,367 Posts.
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    22/02/09
    14:06
    Post #: 4824464
    GreedyGekko, the speculators/hedge funds aren’t in gold to sell. Open interest on the COMEX is way down, just over half the levels of 12 months ago and about the same levels seen between mid 2005 and mid 2007. A correction is undoubtedly coming but not a severe drop, IMO. At least not until the speculators pile back in.

    Rowingboat.
    Value at posting: $0.00
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    lightbulb Created with Sketch.  Great analysis
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