*Gold Sentiment Calculator (in development)*
I want to start tracking updates/changes to indicators of long term sentiment for Gold.
Evaluation criteria
I want to start tracking updates/changes to indicators of long term sentiment for Gold.
Evaluation criteria
- Fed rate expectations
- Trend durability
- Global Stability
- GLD put/call ratio
- US 10 Year Treasury Yields
Criteria classifications
- Very Bullish
- Bullish
- Slightly Bullish
- Neutral
- Slightly Bearish
- Bearish
- Very Bearish
I will use this list of indicators as frequently as daily to determine what direction I will allow myself to place gold trades - if I decide to make any at all. This list should be combined with additional analysis such as technical levels for entry/exit when determining whether or not to place a trade. Hopefully this will help increase trading performance over time as more indicators are added.
Resources
https://www.cmegroup.com/trading/int...n-to-fomc.html
https://www.investing.com/central-ba...d-rate-monitor
https://marketchameleon.com/Overview/GLD/OptionSummary/
http://www.optionistics.com/put-call-ratio/GLD
careful not to step in a pile of it