On October 12, 2024 three Non-Commercial gold futures trading points (1, 2, and 3) were identified in the following chart. What followed was a deflationary period where gold declined and the U.S. Dollar moved higher between 2011 and 2015.
Non-Commercial gold futures trader positions are currently in the process of completing a 2016 to 2024 three point trading sequence (Points 4, 5 and 6). What is expected to follow over the next four years are lower gold prices and an increasing value of the Dollar. This will be due to deflationary forces, which are not yet visible. It is expected to occur between 2025 and 2029. This also aligns with what was discussed on November 23, 2024.
Note that this information is for educational purposes only and not a recommendation.
