Gold stock sentiment indicator.
Looks like the low could be in. POG should continue to take out resistance with the usual two steps forward, one back.
Bit earlier than I expected but the price was right.
If the makers wanted to make new lows they would not let it climb so high i.e. consolidate near lows. I suspect there is a lot of pent-up demand out there.
Once sentiment really picks up the makers have to let buyers exhaust themselves before the next smackdown.
Not much to say except sit back and enjoy - and take profits at the right time.
Here is the indicator which had paused yesterday.
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