OASIS FORUM Post by the Golden Rule. GoldTent Oasis is not responsible for content or accuracy of posts. DYODD.

Maddog–I wrote earlier that the filth conducts these steep pullbacks when gold starts a bull move

Posted by Richard640 @ 12:16 on June 5, 2019  

…and a very, very, steep one it has been..that said, I think it’s time for the bounce back…and JNUG could be a buy right here, right now in the 8.40 area…from the days high to the days low it had about a 13% pullback…about a buck…JMO-DYOD

IN ZH they said all the algos–to the tune of $20 billion– flipped to 97% long from 100% short yesterday, on the big rally–if stocks roll over now or tomorrow, things could get dire in a hurry and gold should resume its rise

CTAs Hammered: Flip From “-100% Short” To “+97% Long”

Monday’s Nasdaq CTA “-100% Short” was “stopped-out” after clearing 7133 and triggered a “flip”, with an estimated ~$20B of Futures buying— and the Nasdaq model signal now too stands at “+97% Long.”

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Post by the Golden Rule. Oasis not responsible for content/accuracy of posts. DYODD.