Misreading the CoTs, Again

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Nearly two months ago I published a video in which I discussed conventional CoT analysis and the mistake many investors might make assuming Gold and gold stocks would undergo a big correction. The fact is a bull market that follows a nasty bear usually stays very overbought throughout its first year and therefore sentiment indicators … Continue reading “Misreading the CoTs, Again”

Gold Miners Reach First Resistance Target but Continue to Outperform Gold

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The gold stocks have been on a tear lately as they continue to move higher in defiance of the bearish calls of numerous pundits and traders. After trading lower mid week and filling Monday’s gap, the miners are set to close the week with some strength. While the miners are overbought and could remain below … Continue reading “Gold Miners Reach First Resistance Target but Continue to Outperform Gold”

Can Gold Climb to $1400/oz?

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At the start of 2016, renowned fund manager and bond king Jeff Gundlach predicted Gold would surge to $1400/oz. That was quite the call considering Gold was still in a bear market. He reiterated his target a few days ago in a webcast. Gold closed the week below $1260/oz after reaching as high as $1287/oz … Continue reading “Can Gold Climb to $1400/oz?”

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