GOLD 0.51% $1,391.7 gold futures

gold, page-98709

  1. 1,639 Posts.
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    Gold stocks sentiment indicator.
    There is one macro where the trend has taken a hit - short term XGD.
    .
    https://hotcopper.com.au/data/attachments/3422/3422793-d635c59e8b324cbb017b0c90d2ff5a18.jpg
    .
    All other trends are holding up fine.
    Trying to give the impression of being in a full blown bear market - without the follow through.
    What is particularly noticeable is certain technical levels being taken out in producers - then the stock reverses. Juniors are holding up OK but like the producers, some of the better ones are still under pressure.
    Does anyone know how to determine if spoofing is going on in our gold sector?
    .
    Sentiment has pulled up.
    There is very little consolidation around the upper technical levels before POG is pushed down again. Rather unusual.
    Wonder which way the market will go today.
    .
    https://hotcopper.com.au/data/attachments/3422/3422842-83d3497bf541ab8352bd7cbb468ba2e0.jpg
 
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