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I don't get your gold sentiment indicator. It was 75% 14 months...

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03/08/21

08:58

Post #: 54980756
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Originally posted by Pointyfigures: ↑

Gold stock sentiment indicator.
ISM data from last night was somewhat ambiguous. Many comment that bottlenecks appear to be easing but shortages still in place. Some of the more important consensus numbers were missed again. Bring on the infrastructure/stimulus. Just might be needed.
In the meantime TIPS continue to slide into the abyss, now around -1.18%
The flying start for the gold sector fizzled out as gold fell during the trading day.
Gold is trading a very tight range ATM so a break will occur. Short term traders will be getting bored waiting for it.
Sentiment has pulled back to last Thursday's low.
.

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I don't get your gold sentiment indicator. It was 75% 14 months ago, and now it's 35%.

And you say gold is a good bet.
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0 Great analysis

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