Testing new strategy for Silver

Mar 28, 2017Trying to introduce new parameters into my analysis. This time it will be commitment of traders (COTs). From my perspective commercials are loaded with shorts on silver. In this situation we would expect price of XAUUSD to move down in few weeks time. Moreover, top oscillator is overheating.

Depending on the scenario there may be a few possibilities described on the plot.

goldchartsrus.com/chartstemp/charts.php?image=free/cots/cots4cncnrsi.php

Mar 28, 2017

Comment

There is typo in my comment, I meant XAGUSD not XAUUSD.

Apr 19, 2017

Order cancelled

New type of data analysis I was trying to use is not valid.

This plot was wrong, in the future I will not be using commitment of traders reports.