Tag "gold sentiment"

Is Silver Price Confirming Gold Sentiment?

Earlier this week market participants were exposed to some after hour fireworks – North Korea had launched a missile over Japan. As expected, gold prices caught a bid and stock index futures pulled back. The following day there was sentiment among many social media participants that “the Gold bull market…

Is The Gold Bear Market Nearing An End? (3 Charts To Watch)

While the focus for 2016 has been squarely on equities, China, and oil, gold has been an interesting market to follow for the beginning of this new year. Below I’ll be reviewing three charts for gold ($GLD) and sharing my insights into what’s been taking place in the price action……

The Golden Age: Why Gold Will Outperform In 2016

Some people say that gold is dead. They point to deflationary pressures and a bear market that started back in September of 2011. The bulls have been wrong for years; however, that may be about to change… At present, there a multiple reasons to consider gold: Sentiment is very negative…

Gold Prices Held In Check As Fed Rate Hike Fears Linger

While the debate continues as to whether or not the Federal Reserve will hike rates in its upcoming meeting in two weeks, gold prices are giving off vibes as if it expects one. Yesterday was a risk-off session as far as equities were concerned, with the S&P 500 Index down…

Gold Relief Rally Underway; Crude Oil May Be Next

Gold Prices Still Looking Higher The SPDR Gold Trust ETF (GLD) broke out of a small price consolidation this week and looks to have a clear shot of rallying back up to its breakdown area of 110. Because GLD fell so sharply following its breakdown below 110, there is virtually…

What’s Wrong With Gold (GLD)?

Back in March, I issued a long research report on the state of the Gold bear market. In that report, I shared how a number of reasons why Gold was out of favor (and remain out of favor). But I also looked at sentiment, seasonality, and technicals to make a…

The State Of The Gold Bear Market: Sentiment Sinks

Three and a half years have passed since Gold peaked at $1923.70 per ounce, reminding investors that the other side of exuberance can be painful. The Gold bear market is finally beginning to take the wind out of Gold bugs sails, as a series of fits and starts have lead…

Is Gold Targeting $1270?

A little over a week ago, I put together a post on the outlook for Gold into year-end. What I found interesting about that piece was how skeptical and fragile Gold investors currently are (sentiment) as we continue on through what is typically a period of strong seasonality for Gold (Sept-Jan). By no…

Gold Miners Update: How Far Will The Bounce Go?

When a security or asset class gets beaten down, sentiment tends to go in the toilet as well. And this generally supports and leads to a trend of lower prices. But as price reaches the extremes, it becomes susceptible to short covering rallies… and ultimately a bottom when time &…

Gold Investors: 5 Things To Watch For This Summer

Just as Gold looked destined to retest the lows, the yellow metal found its shine and rallied into the Fed statement on June 18, 2014. In the trading business, we call that a “head fake.”  And it came at the perfect time – right as Gold investors were about to…