The funds look like they’re playing a different game to me in the gold market.
CFTC Commitments of Traders Report – CMX (Futures Only)
Great week. Hope the Capt. is right and the Crimex is breaking. If so, these moves will just get bigger and the 2% rule in gold should go by the wayside. Hope so.
HUI looks good, sitting right at possible resistance. If we correct Monday it would make sense. If the metals are in breakaway mode, then there’ll be no resistance.