Why Are The Banks/Press So Bullish All of a Sudden?

GoldFix · Aug 25, 2024 · 26m

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Housekeeping: This will be the last proprietary analysis for a week or so. GoldFix email/content schedule for the next two weeks can be found here

COT Discussion Slides

Up week, Trend week. Oi climbs indicating Fund buying overall

Day 1:

* down day, red candle, normal (variation) lower

* oi drops 4k indicating long funds selling to Bank dealers covering

* Comment: None

Day 2:

* Up day ,green candle, normal day

* OI flat: suggests old longs to new logs (green candle), or old shorts to new shorts (red candle)…