Gold stock sentiment indicator.
.The inevitable reversal in sentiment from an extended POG consolidation period.
Unbelievable that sentiment can’t climb above 50% with record prices and cooling inflation.
This is why institutions prefer metals over stocks. No bubble here.
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$3,700 and $2,500 are very nice round numbers to do some benchmarking from.
Expect some macros soon.
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Sentiment…
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