For the last 7 weeks average new long contracts for gold and silver have been much higher than new shorts.In the same period the average old short contracts closed for gold and silver have been much higher than their old long counterparts.It looks like that gold and silver are in accumulation stage and their prices are expected to go up soon(check my energyandmetals charts on my websites(futuresandoptions.wix. com/cotswingcharts or on my other website:cotreportfreeswingcharts.my-free.website)
Saturday 25 July 2015
gold & silver
For the last 7 weeks average new long contracts for gold and silver have been much higher than new shorts.In the same period the average old short contracts closed for gold and silver have been much higher than their old long counterparts.It looks like that gold and silver are in accumulation stage and their prices are expected to go up soon(check my energyandmetals charts on my websites(futuresandoptions.wix. com/cotswingcharts or on my other website:cotreportfreeswingcharts.my-free.website)
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