GOLD 0.51% $1,391.7 gold futures

Gold stock sentiment indicator Access to a backup server has...

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    Gold stock sentiment indicator

    Access to a backup server has allowed me to update.

    A healthy uptick yesterday but nothing extraordinary.
    Leading indicators are good but nothing outrageous.

    Wondering what happened to gold last night?

    https://www.zerohedge.com/commodities/gold-suddenly-hammered-multi-billion-dollar-sale

    Looks like the price of gold is being treated like COVID-19 for financial markets.

    Bring out the big guns and no holds barred.

    OKU down 2% after releasing a report like this. If this had occurred yesterday or Friday they would probably be up 25%.

    https://www.asx.com.au/asxpdf/20200225/pdf/44ff1j6htc3z2k.pdf

    A flip through my watchlists show at least 80% of gold stocks are in the red.

    You are being shaken out of your holdings and the real players will be sucking them up.
    I still suggest patience. This has more to go and has barely filtered through to stock prices.

    Next chart Thursday at the earliest.

    https://hotcopper.com.au/data/attachments/2006/2006258-2ca94e6eda2a13c693273852745dfe71.jpg
 
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