Wednesday 21 August 2019

Gold Gann Angle Update

Everything awesome? Gold over $1500. Central banks are printing money to generate fake demand. Germany issues first ever 30 year bond with negative interest rate.
image1 Crazy times!

Even Australia and New Zealand and considering negative interest rates and printing money, you know a bunch of lowly populated islands in the South Pacific with no aircraft carriers or nuclear weapons. They will need to do this to suppress their currency as they are export nations, as they need foreign currency to pay for foreign loans. But what is next, maybe Fiji will start printing their dollar. 

Now for a laugh, this Jason Pollock sold for more than $32M in 2012. 


Pollock



Ok, now call Dan Oliver a nut for his target of $3,000 USD gold.






Gold latest Gann Angle chart.


Gold Gann



Gold CTFC situation. Notice extreme open interest has been a reversal signal. Watch out for a pullback.


Gold CTFC





Original Post: https://ift.tt/33RDEac

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