This was posted at KITCO:
What Happened The Last Time Main Street Sentiment Was This Negative On Gold
Posted 20 August 2018 - 08:15 PM
This was posted at KITCO:
What Happened The Last Time Main Street Sentiment Was This Negative On Gold
Posted 20 August 2018 - 11:50 PM
Hi Roger, this chart argues gold should go up soon, the gold line is gold futures....
Edited by Russ, 20 August 2018 - 11:53 PM.
Posted 24 August 2018 - 11:08 PM
So $gold had a 2.46% up week for a change on that -74% bearish sentiment.
We had higher low but not a higher high and that $1220 area has had a lot of "volume by price" and is where I see a downtrend line hanging overhead. I liked the long tail for the previous week which should have washed out some bears. Let's see how long that bottom holds.
Edited by Rogerdodger, 24 August 2018 - 11:18 PM.
Posted 25 August 2018 - 07:45 AM
The real downtrend line has been breached...
Posted 25 August 2018 - 07:56 AM
Jack Chan is showing a buy signal for GLD....
Posted 25 August 2018 - 08:02 AM
This chart is also important...