Loading ...Gold Vix
Generally I hate charting volatility as it’s akin to charting a crazy ass EKG and it’s virtually impossible to draw a pretty Vix chart. But the GVZ does offer clues here and there imo.
The big reversal the other day could just be the beginning of that type of behavior…buckle up.
Very good chart, thanks.
TY JL
Great post. Very interesting few weeks ahead.
Yes, I’m watching Jan 30th and Feb 12th.
Expecting a Gold bottom or Top on the 30th Schism?
Sweet! Fingers crossed. Thanks for sharing.
Mine too, but I try to remember that rising Volatility doesn’t equal rising gold but it does look good.
Volatility can work both ways up and down… it just usually means down (same with SP500 VIX). Gold VIX measures option implied volatility on the front month futures contract if I am not mistaken… its just rapid price movement. 2016 in that chart is a perfect example. The implied volatility on symbol GLD for call options during that first of February in 2016 rose dramatically, put option IV also rose too.
This is a great chart I am saving it for later.