#Gold Volatility Signalling Further Declines?
This is an excerpt from the Parallax Report, originally published the week of October 15. For more information, please visit @themacrostrat.
"Unlike the usual relationship between volatility and equities, gold and gold volatility trade in tandem; and gold volatility (GVX) continues to grind lower since gold failed to gain momentum above $1,550 which is trending neatly within a descending channel.
If we breakdown gold volatility further, when the standard deviation spikes above 1 with the 30-day ROC trending lower, we see lower gold prices. The ROC is maintaining negative territory while the volatility sigma continues to slide lower."
Nar-term TACVOL range is 1520/1474.
"Unlike the usual relationship between volatility and equities, gold and gold volatility trade in tandem; and gold volatility (GVX) continues to grind lower since gold failed to gain momentum above $1,550 which is trending neatly within a descending channel.
If we breakdown gold volatility further, when the standard deviation spikes above 1 with the 30-day ROC trending lower, we see lower gold prices. The ROC is maintaining negative territory while the volatility sigma continues to slide lower."
Nar-term TACVOL range is 1520/1474.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.