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October 15, 2018 | Gold Shorts About to Get Burned

Mike 'Mish' Shedlock

Mike Shedlock / Mish is a registered investment advisor representative for SitkaPacific Capital Management. Sitka Pacific is an asset management firm whose goal is strong performance and low volatility, regardless of market direction.
The Gold COT report shows gold shorts piling on in addition to long liquidation. Meanwhile, the price of gold is rising.

Gold Daily Chart

This is an incredibly price-bullish setup. Buy Gold.

Mike “Mish” Shedlock

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October 15th, 2018

Posted In: Mish Talk

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