Gold Bullish

2021년 8월 9일

Major Corporations are buying physical metals Gold being the most sought after, with the scarcity of gold that alone in and of itself is catalyst enough to drive prices higher. A deeper look into the fundamentals, Open Interest is rapidly declining which means these big corporations are expecting Gold to see higher prices very soon so they are deceasing their shorts very quickly to position themselves for a decent hedge against them buying the actual physical metal. Lookig to for Gold to drop back at least to this 6years accumulation area, clear out all sell side liquidity before rapidly moving to the upside.