Interesting chart on gold COT- looks very bullish (below or click link for accompanying article).
Commercials are much better at picking tops and bottoms than non commercials (the non commercials includes us!).
This is not meant to predict any turning point to within days but does suggest a strong turn is not too far off.
I am thinking its now time to buy the dips.
http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2013/6/4_This_Amazing_Chart_Shows_Gold_Set_For_Massive_$1,000_Spike.html
holding on strongly - huge news afoot, page-18
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Change
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Mkt cap ! $4.235M | |||
| Open | High | Low | Value | Volume |
| 0.2¢ | 0.2¢ | 0.2¢ | $150 | 75K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 28 | 15798362 | 0.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.3¢ | 23473387 | 24 |
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| Last trade - 11.02am 15/07/2024 (20 minute delay) ? |
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