Gold is skating on skinny ice, in keeping with a contrarian evaluation of short-term gold market timers’ sentiment.
That’s as a result of gold timers are terribly bullish proper now, and that’s bearish from a contrarian viewpoint. In actual fact, the common short-term gold timer is extra bullish at present than in all however 5% of the buying and selling days since 2000. Traditionally, gold and gold shares have struggled within the wake of such excessive bullishness.
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