kingworldnews.com / November 30, 2016
With continued uncertainty in both a bullion and china markets, SentimenTrader is observant that there are extremes starting to register in a bullion market.
From Jason Goepfert during SentimenTrader: “Extremes are starting to register in gold. Most of a longer-term measures that concentration on a steel itself are still a ways from display melancholy (the bullion Optimism Index is usually 43, distant from a low 20s from final year)…
On a shorter- tenure basis, though, a GLD account has had a steadfastly low Optimism Index (see extreme melancholy reading below).