The golden chase

Gold is pushing above the big 1900 level as of writing. Momentum remains impressive as the forgotten long is now heavily chased by momentum chasers.
Next resistance levels to watch at 1920 and then (if) 1950.
Note the rise in gold volatility, GVZ, along the move higher in gold (gold's positive skew factor).
Second chart shows latest update on gold positioning. There is much more chasing to be done...