Why is this gold chart a must-see chart for serious investors and traders? The answer is simple. Those who have followed along have profited handsomely by buying a large core position aggressively in $600s, selling half of the core position at $1904 and selling the remaining half at $1757, undertaking a large number of profitable short-term trades from the long side during the gold bull market, and undertaking a large number of short-term trades from the short side to profit from the gold bear market.
At The Arora Report, we rely heavily on adaptive algorithms that take into account many, many factors. In our research, the four most important factors at this time are technicals, quality of ownership, inflation expectation momentum, and sentiment momentum. All of the four important factors are shown on the chart of popular SPDR Gold Shares ETF (GLD).
This article is Part 3 of this series and will explore inflation expectation momentum. Part 1 explored technicals and can be found here. The chart has been updated since Part 1. Part 2 explored quality of ownership and can be found here. The chart has been updated since Part 2.
Please click here for a large chart.
Gold price is influenced by inflation expectation momentum on a worldwide basis. Therefore at The Arora Report, we make this inquiry into the world’s 10 largest economies.
Our inflation inquiry consists of the following parts:
- Long-term inflation trends
- Medium-term inflation trends
- Short-term inflation trends…Read more at KITCO
You are receiving less than 2% of the content from our paid services …TO RECEIVE REMAINING 98%, TAKE A FREE TRIAL TO PAID SERVICES.
Please click here to take advantage of a FREE 30 day trial.
Check out our enviable performance in both bull and bear markets.