Loading ...Epic 2015 Style Short Squeeze?
Link.
COT: https://www.barchart.com/futures/commitment-of-traders/technical-charts/GC*0
The EU bottom seems like a false one with large volume. Looks like longs capitulated on the breakdown as well signalling a significant reversal. Powell comments today may have sealed the deal.
This should be it
As my chart yesterday showed, the bull will be confirmed on a breakout at $1400. Bearish sentiment, COT’s etc suggest a rapid move up could occeur at any point in the next few week/months. It could start today, next week, next month, but I do believe it’s coming.
FWIW the economy is decelerating quickly
Rate hikes are done or nearly done imo