ali.se.18

COT Analysis 5. September XAU/USD

Long
FX:XAUUSD   Gold Spot / U.S. Dollar
I made a calculation system which shows the shorting potential of a trading symbol through the COT report which gets released every friday afternoon. The movement for the next week can be calculated fundamentally for getting a value which just tells you the movement if you know the previous value and in this case the value for the next week is lower than the last week and this means a long potential.

Higher potential than previous week: downtrend
Lower potential than previous week: uptrend
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.