Bullish Sentiment Needed for Gold Bull - Video
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From a contrary perspective, the lack of bullish sentiment and interest in the precious metals sector is bullish.
However, for Gold to begin a real bull market and bust through $2100, there will need to be a big increase in bullish sentiment, which is indicative of new buyers and a new bull market.
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Jordan Roy-Byrne, CMT is a Chartered Market Technician and member of the Market Technicians Association. He is the publisher and editor of TheDailyGold Premium, a publication which emphasizes market timing and stock selection, as well as TheDailyGold Global, an add-on service for subscribers which covers global capital markets. He is also the author of the 2015 book, The Coming Renewal of Gold’s Secular Bull Market which is available for free. TheDailyGold.com was recently named one of the top 50 Investment Blogs by DailyReckoning and WalletHub.
