Disliked{quote} sorry i want to say if u dont mind m new so SR mean? I like uIgnored
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Disliked{quote} sorry i want to say if u dont mind m new so SR mean? I like uIgnored
DislikedWave is subjective, price structure is factual. Investors are paying hefty premium to hold GC, GDX and GLD longs. This needs to be rebalanced before uptrend resumes. {image} When Implied vol rise into buying pressure, it means folks are paying hefty premium on the calls. With positioning 'net long,' when we have a short term unwind, it sell aggressively. Until long term investors step in to absorb sell, we will continue down. Long term investors usually steps in when all destruction is made. "When they feel confident enough" And Gold spot we hit...Ignored
Disliked{quote} Locked in some profits on gold but keeping a couple of small longs, as the setup still looks constructive for now {image}Ignored