| Followers | 680 |
| Posts | 141257 |
| Boards Moderated | 36 |
| Alias Born | 03/10/2004 |
Saturday, February 18, 2017 10:45:33 AM
* February 18, 2017
Following futures positions of non-commercials are as of February 14, 2017.
Gold: Gold bugs are defending support. Wednesday and Thursday, they showed up near the 20- and 10-day moving averages, respectively. Both are rising. As is the 50-day. They are probably shooting for the 200-day ($1265.19). Before that, the cash needs to take out $1,246-plus where it met with resistance last week. This was a price level off of which the metal rallied in October last year.
Thus far, flows are cooperating. In the week ended Wednesday, GLD, the SPDR gold ETF, attracted $434 million. In the past three, it took in $1.8 billion (courtesy of ETF.com).
Currently net long 109.8k, down 7.4k.
http://www.hedgopia.com/cot-peek-into-future-through-futures-83/
• DiscoverGold
Information posted to this board is not meant to suggest any specific action, but to point out the technical signs that can help our readers make their own specific decisions. Your Due Dilegence is a must!
• DiscoverGold
Recent GDX News
Avant Technologies Equipping AI-Managed Data Center with High Performance Computing Systems • AVAI • May 10, 2024 8:00 AM
VAYK Discloses Strategic Conversation on Potential Acquisition of $4 Million Home Service Business • VAYK • May 9, 2024 9:00 AM
Bantec's Howco Awarded $4.19 Million Dollar U.S. Department of Defense Contract • BANT • May 8, 2024 10:00 AM
Element79 Gold Corp Successfully Closes Maverick Springs Option Agreement • ELEM • May 8, 2024 9:05 AM
Kona Gold Beverages, Inc. Achieves April Revenues Exceeding $586,000 • KGKG • May 8, 2024 8:30 AM
Epazz plans to spin off Galaxy Batteries Inc. • EPAZ • May 8, 2024 7:05 AM
