GOLD 0.51% $1,391.7 gold futures

Gold Stock Sentiment IndicatorNot a lot to add to...

  1. 1,639 Posts.
    lightbulb Created with Sketch. 2387

    Gold Stock Sentiment Indicator
    Not a lot to add to yesterday.

    Waiting on a breakout for a few key stocks which will herald the next significant leg up in stock prices.

    Given everything going on in the world right now, the likelihood of the gold price falling significantly I consider minimal.

    Safe haven moves are muted but the USD and bond market are good indicators of big money sentiment.

    Early 2016 gives me an inkling of what a bull market in gold stocks would look like.

    It suggests that current levels are in the buy zone.

    Here we are

    https://hotcopper.com.au/data/attachments/1954/1954096-404584faacc87c1c90285b99a2636c16.jpg
 
watchlist Created with Sketch. Add GOLD (COMEX) to my watchlist
 
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.