Having seen some data we concluded the following in a Deep Dive to premium subscribers Gold faces near-term pressure as CTA-driven selling is expected to accelerate early next week. The key question now isn’t whether selling will happen—it’s who will step in to absorb it.
What is This?
A Gold podcast covering several interwoven topics covering price action, market structure, and the return of bank selling.
A written version describing the main points (there are several) made in the podcast.
A very useful bank analysis on CTA behavior to be used with the podcast walkthrough sections
Return of the CTA Wildebeest
A Structured Analysis of Gold Market Behavior, CTA Positioning, and Exchange Credibility Collapse
Topics covered in overlapping discussion include i) Market Directional Risks using CTA and observed data, China’s Exchanges taking over Comex/LBMA flows, Marco Discretionary backing off and how to use BOA’s new analysis
