gold, page-86902

Gold stock sentiment indicator.
Big jump in the indicator yesterday.
Leading indicators are close to 70%
A bit of insight – the leading indicator has never remained above 60% for more than 2 consecutive days over the last 6 years.
Could be a fundamental shift in the sector if leading indicators remain at these levels.
Be prepared for a little profit taking and a bit of a pull back on the indicator though I do not expect anything more than a pause.
Already looking a little overheated.
Here is the indicator.
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