Housekeeping: The Conversation with Bai will be posted tomorrow. Good Luck.
Overbought.. but buying not done
OI analysis vs overbought
DB,TD, BOA coverage
What the Situation Looks Like after a Golden Cross and a new ATH after a monthly ATH close.
US Gold pricing and behavior is business as usual. Banks are not afraid to sell it.
Therefore treat it like a “trade” not an event Why? This is gold and in a pinch, physical can be easily sourced.. HOWEVER…. ( and this is goofy)
China Gold pricing and behavior is NOT business as usual