Gold CoT Analysis & Setup for Breakout - Video
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In this video we take a look at the positioning in Gold’s CoT with respect to Open Interest and the Net Spec Position ahead of previous breakouts in the Gold price.
We speculate on what could occur over the coming months and how it could put the CoT in position for Gold to begin a breakout move.
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Jordan Roy-Byrne, CMT is a Chartered Market Technician and member of the Market Technicians Association. He is the publisher and editor of TheDailyGold Premium, a publication which emphasizes market timing and stock selection, as well as TheDailyGold Global, an add-on service for subscribers which covers global capital markets. He is also the author of the 2015 book, The Coming Renewal of Gold’s Secular Bull Market which is available for free. TheDailyGold.com was recently named one of the top 50 Investment Blogs by DailyReckoning and WalletHub.
