Housekeeping: The GoldFix Morning Rundown will return May 5th. Continue to look for multiple posts containing the latest research materials curated and regularly shared here daily.
**The next 2 weeks will have NO SUNDAY DISCUSSION.. personal business demands it.**
Good Morning:
There were a couple interesting concepts developed and rounded out from previous insights with new confirming data.1
Due to the notable increased footprint of the Bullion Bank long players, Bullion banks are now likely front running buying not just to cover shorts, but also to play long… the dominant physical flows are determining bank bias finally.
Charts: a brand new shelf developed for the buying similar to a couple witnessed in 2024
Someone on the physical side is now “ratcheting up” their buying levels at faster pace than in the past.. China insurance buying perhaps?
The shrinking OI is coming into focus more tactically now… yes it signals COMEX demise; it also tactically is consistent with deleveraging as physical buying determines price more and leveraged futures players seek profits.
There is some slightly esoteric debate on the option playing by short funds not yet resolved….
Finally: A few very nice compliments were given by Founders who have been here since the beginning.. 2
Bottom line.. GoldFix was right. The Founders group was instrumental at every point in helping us develop those ideas weekly for over 2 years.
