***MSA Weekly: Gold Correction May Be Nearly Completed

Gold's Pause May Be Over

Housekeeping: The following are partial excerpts reprinted with permission from the Gold and Silver sections in Michael Oliver’s MSA Technical 16 page weekly report. That report covers all major commodities, Equity indices, and important individual stocks from a long, intermediate, and short term perspective.  We recommend his work and now refer to it in our own trading activities. The research covers all four major exchange-traded asset categories: stocks, commodities, debt, and foreign exchange.

Since 1992 Momentum Structural Analysis has provided unique technical research to the financial industry - banks, RIAs, hedge funds, and mutual funds - as well as to individual investors. 

GOLD

Note: Michael’s work corroborates further analysis from an Open interest and CTA/COT perspective as stated in Sunday’s Discussion as well as the CTA commentary yesterday.