An unstable oil price and rising interest rates will immediately boost the price of a troy ounce of gold. The strategy works great, but something went wrong on November 8. You can see the essence of the problem on the slide above. The last few days of the GC COMEX have been a living hell for the private speculator. Worse than a flat trading session is when the next day is complete doldrums. As soon as oil goes below 84.50 (price alert) - the GC futures contract clearly will not resist such an offer and at least decide to a correction. I will not bore you with the trading scenarios - they are all shown on slide 2. If you don't mind, write down which instruments you monitor in correlation with gold and why? Or what goes into the pricing of gold?