Gold Prices Show Signs of Life, May Recover Further

| 10 april, 2014 | 0 kommentarer

ssi_GOLD_body_Picture_18.png, Gold Prices Show Signs of Life, May Recover Further

Receive the Weekly Speculative Sentiment Index report via PDF via David’s e-mail distribution list.

GOLDForex trading crowds have sold aggressively into recent Gold price bounces, and our trading bias on the precious metal may soon turn bullish on a bigger shift in herd sentiment.

Trade Implications GOLDThe crowd remains net-long Gold versus the US Dollar as they bought aggressively into the break below $1390. Yet long interest is down 25 percent since last week while short positions are up by the same amount. Our Senior Strategist writes that a move above $1335 would indeed reverse our earlier calls for further Gold price weakness.

Written by David Rodriguez, Quantitative Strategist for DailyFX.com

ssi_GOLD_body_Picture_10.png, Gold Prices Show Signs of Life, May Recover Further

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 http://www.twitter.com/DRodriguezFX

Facebook at http://www.Facebook.com/DRodriguezFX

Taggar: ,

Kategori: Analys från DailyFX

Om skribenten ()

DailyFX från FXCM ger dig dagligen färska tekniska analyser på valuta och råvaror. FXCM är en ledande handelsplattform för trading av finansiella tillgångar med kraftfulla verktyg för alla sorters handel.

Lämna ett svar

Din e-postadress kommer inte publiceras. Obligatoriska fält är märkta *