April 29th 2019 - Institutional 🏦 Positions & Supply/Demand for Gold, Oil and the FOREX market
The positions below represent the institutional positions held as of April 23rd 2019!
📊 In the Markets: We are seeing the analysis we did months ago coming to fruition now with the positions of the institutions shifting and their agendas becoming more apparent. This is why we do what we do, because it takes so long for the institutions to positions themselves, we are able to know what they will do before they even do it. Most say it’s impossible to know what they’re doing and we are one step ahead of that!
With respect to the #dollar pairs excluding the #usdjpy, we can see they doing the same thing by increasing long positions and also short positions they are in essence reducing their overall long exposure yet still increasing their long positions. This is a smart move and a healthy one to build a longer term long position from. There are many things taking place that I am also learning from but the main takeaway from the data this week is our analysis continues to be spot on.
#Gold has rallied upwards from a weekly trend line and we now are at a critical moment, if the #institutions are indeed ready to take gold lower they will need to break through this trend line and all the retail buying taking place at it. Moving into this coming week I will be watching how they will manipulate price around this trend line and learn from what will take place. Price could easily rally more into the descending daily trend line before reversing back downwards. Whatever happens I will be watching for this trend line to break and if/when it does, it will be the sign for me to continue building on my short theme trade.
The #dollar’s weekly supply broke as we were expecting and this week we have the #usd rate being released so this can spark another drive higher on the charts. No matter what takes place we’ll learn from it and take advantage of the moves to benefit our portfolios!
🏫 White Oak University 👩🎓 Students 👨🎓 you can see the full report here: https://www.whiteoakfx.com/the-araujo-report
👇📺🚨 Here was last weeks video provided to members 🚨📺👇