Breaking the Chains of Control In Gold

The trend controllers have been knocked to the ropes by overwhelming market forces in the leveraged paper markets. The tactic of selling (shorting) advances and buying (covering) declines to control trend has unexpectedly reversed. This suggests the chains of control have been broken in gold. If this trend continues, August 2011 could very well be viewed as an important moment in the history of this secular bull.

Gold London P.M Fixed and the Commercial (C) Less Nonreportables (NR) Traders COT Futures and Options Stochastic Weighted Average of Net Long As A % of Open Interest


Gold London P.M Fixed and Gold Diffusion Index (DI)