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)
My bullish vs bearish opinions/signals and charts on this blog or social networks are not a recommendation to buy, hold or sell securities.You need to do your own research when it comes to investing your money because there is no foolproof algorithm or strategy that can assure you a profit.You can only lower your risk of trading by getting more and better information.By following up my blog posts you will find out which securities have the highest vs lowest risk of trading.
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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