Receive the Weekly Speculative Sentiment Index report via PDF via David’s e-mail distribution list.
Gold–Retail forex traders remain steadily long Gold prices, giving us a contrarian bias in favor of further XAUUSD declines.
Trade Implications – Gold: Last week we noted that Gold price weakness off of key resistance warned of weakness. And indeed, price continues to consolidate below important highs while retail sentiment leaves us favor of a test of the lows.
— Written by David Rodriguez, Quantitative Strategist for DailyFX.com
Automate our SSI-based trading strategies via Mirror Trader free of charge
To receive the Speculative Sentiment Index and other reports from this author via e-mail, sign up for his distribution list via this link.
Contact David via
Twitter at https://www.twitter.com/DRodriguezFX
Facebook at https://www.Facebook.com/DRodriguezFX